The industry believes that thanks to a series of industrial support policies, China's LED lighting industry has a huge potential market. According to statistics, from 2009 to 2013, the compound growth rate of market size reached 43.58. It is expected that by 2013, the scale of China's LED lighting market is expected to reach 73 billion yuan.
Among them, the application of LED lighting in commercial lighting is gradually changed from the early functional lighting to the main lighting application. Because of the high turnover rate and long-term use of commercial lighting, the LED lighting penetration rate and the market scale increase simultaneously. The penetration rate of lighting in the commercial lighting market has reached 15.
Residential is the largest application market for global lighting. LED lighting quickly cuts into the residential lighting market and replaces traditional light bulbs. However, due to the high sensitivity of consumers to prices, the penetration rate of LED lighting in the residential lighting market in 2012 is about 13. Still to be improved.
Office lighting is demanding energy-saving. LED lighting is the main requirement to replace traditional fluorescent tubes and cut into the office lighting market. However, LED lamps must also face the price competition of T5 fluorescent tubes. Therefore, the penetration rate in 2012 is only about 11, there is also a lot of room for growth.
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