LED replacement tide screen opened three major market processes significantly accelerated

As environmental pollution has become more and more serious, LED as a new generation of lighting technology has become the focus of attention in today's global society. With the LED's luminous efficiency and longevity, coupled with the advantages of energy saving, energy saving and environmental protection, the LED replacement tide is opening.
LED European and American markets Since 2014, European and American countries have begun to phase out 40-60W incandescent bulbs, which are the largest in the civilian market, providing a favorable opportunity for the popularization of LED lighting products. This will also stimulate global LED lighting manufacturers to accelerate the pace of layout of LED lighting, and further push up the global LED lighting penetration rate. The US government's support for LED lighting is gradually increasing, and the number of subsidies for energy stars and other lamps has increased rapidly, which has led to further reduction in the price of LED lamps. CREE and other manufacturers are optimistic about the development of the LED lighting market in 2014, and expect that the sales growth of replacement lamps will become the focus of the next business growth. In Europe, where the market is relatively mature, although large-scale subsidy policies have not been seen, its high electricity prices and differences in light culture have made the demand for commercial lighting and outdoor architectural situation lighting applications continue to exist. In the next few years, with the impact of the comprehensive ban policy of incandescent bulbs, it is estimated that the market will continue to show steady growth.
LED Japan market as an industrial powerhouse in the LED field, Japan has also played a very important role in promoting the development of the world LED industry. As early as 14 years ago, Japan has begun to implement the 21st Century Light Plan to promote the development and industrialization of semiconductor lighting technology. It is one of the first countries in the world to start supporting the LED industry policy. In recent years, with the support of the Japanese government, the LED lighting industry has grown rapidly. At the same time, Japan's domestic awareness of energy conservation is soaring, especially after the Great East Japan Earthquake that occurred more than two years ago, the government has proposed a low-carbon society (energy saving and carbon reduction). Among them, LED lighting products have become popular at a rapid rate and have become representative of energy-saving products.
In addition, in emerging markets such as Brazil, India, Vietnam, Russia and other countries and regions, various plans and drafts have also been introduced to support the development of the LED lighting industry. The demand for LED lighting products in these regions is obviously rising, and the LED lighting market is showing rapid growth, especially in the LED public lighting and commercial lighting markets.
According to statistics, in the next 1-3 years, a large number of LED lighting market demand will be released. Strong support policies will directly drive the rapid growth of the LED lighting market.

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