The latest report from the Green Energy Division of TrendForce, a global market research organization, pointed out that LED outdoor lighting has entered a mature market, and the global outdoor market for LED outdoor lighting shipments and market size will grow rapidly. It is estimated that in 2014-2017, LED outdoor lighting will not only increase its shipments year-on-year, but also maintain a compound growth rate of 20 or more.
Research data shows that LED street lamp installation projects are widely used throughout the region. As of the end of 2013, more than 600 cities in the United States have or are planning to install LED street lights. Among them, New York City has planned to replace 250,000 street lamps in the city in 2017, and then replace the decorative lighting fixtures in the urban commercial district with LED lamps. This will be the largest LED street light reloading program in North America. In addition, most provinces and cities in Canada are actively pursuing LED street light reloading plans or launching reloading incentive programs.
In Europe, the UK is fast. London has recently launched its largest street lighting modernization project to date, with plans to replace approximately 35,000 5 of its 52,000 lamps for LED lighting throughout the city by 2016. In addition, other parts of the UK have also started reloading plans in 2013 to install LED street lights on a large scale.
In the 2014 annual government budget announced by the Japanese government, 4 billion yen was also included for BEMS, LED lighting demonstration, experimentation and international standard setting.
It is worth noting that the emerging street LED street light replacement tide started. Among them, Russia began to ban the sale of incandescent lamps above 25W in 2014. Malaysia will also ban or phase out all incandescent lamps and traditional lighting in buildings and real estate projects from 2014. In addition, major cities in Australia, Argentina, Colombia and India have opened LED streetlight installation projects. The development of the Latin American market is relatively late. Under the promotion of two major events in Brazil, the outdoor lighting market will also usher in a rapid pull-up period.
In the Chinese market, statistics show that in 2013, a large number of bids in Guangdong Province were still concentrated in the six central cities of the Pearl River Delta urban agglomeration with relatively developed economy and relatively strong financial strength. The number has also increased significantly compared to 2012. In the field of outdoor public lighting, LED lighting has entered the harvest period. After the replacement, the new demand in coastal cities will slow down. In 2013, the installed capacity of LED street lamps in Guangdong reached at least 300,000 units, and in 2014, it will enter the dense installation period of street lamps.
It is pointed out that the future growth momentum will mainly come from the demand for conversion into LED street lamps, especially the replacement equipment demand brought by the outdoor lighting energy-saving renovation project supported by the EMC model. Analyst Wang Ting said that the price of LED street lamps has dropped to a level close to that of traditional lamps. It is expected that in 2014-2017, LED outdoor lighting will not only increase its shipments year-on-year, but also maintain a compound growth rate of 20 or more.
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