The agency predicted that the compound annual growth rate of the LED lighting market in Europe between 2011 and 2015 is expected to reach 38%, will be following the Japanese market, LED lighting, a fast-growing mature market.
Is a mature market in the European region, although did not see a similar large-scale subsidy policy, but high tariffs, and the light of cultural differences, commercial lighting and outdoor architectural lighting situations the application of the persistence of demand. According to the relevant bodies “from 2011 to 2015 the European lighting market report, the traditional lighting manufacturers in Europe more than halogen lamps, fluorescent lamps as the primary light source, is also actively developing LED lamps, and with local architects, designers and global dealers to establish a close relationship, following the lighting engineering project of the European region, expected 2012 European LED lighting market will grow to 3.01 billion U.S. dollars, an important market worth developing.
European market of LED manufacturers distribution at a glance
According to statistics, the benefit in some European countries, the beginning of the high-wattage incandescent ban the policy implications of the 2011 European LED lighting market has exceeded $ 2.08 billion. Meanwhile, the 2012 EU ban on selling incandescent light bulbs full policy, the market growth rate is expected to be a sharp rise in LEDinside estimates the European LED lighting in 2015 will reach $ 10 billion level in the next few years from 2011 to 2015 compound annual growth rate estimated at approximately 38%.
Europe as a whole lighting market is relatively mature, are more willing to pay a higher amount of lighting products, LED lighting market in Europe will continue rapid growth, and to strive to the military commander for the Asian and European and American firms. Gains in orders in the European exhibition, set up in lighting products in the supply chain visibility, LED lighting market in the future to obtain a more stable lead.
European lighting market has been also led the popular culture of the global lighting market, the Milan, Italy since 1977, the biennial international lighting and building technology exhibition, has 30 years of history can be regarded as the world’s most symbolic lighting exhibition. Germany Frankfurt International Lighting Fair in Milan in turn exhibited lighting and building technology and equipment exhibition (Light + Building) since the first held in 1999, is a hard to find, the show has quickly become the industry one of the most influential international exhibitions. And Europe each year will be fixed to hold lighting exhibition, showing the importance of the European lighting industry.
Europe’s population is now about eight hundred and thirty million population, accounting for about 13 to 14 percent of the global population and the lighting market has been affected by the environment of economic and demographic impact of According to statistics, from 2008 to 2010, the demand for the annual lighting market in Europe accounting for more than 20% of the global lighting market. The European market for lighting manufacturers, donors in the field of indoor lighting with direct lighting with indirect lighting to create the overall atmosphere. From the enterprise-pass road in the three major lighting manufacturers, Philips, exotic, Osram revenue in the European market is also very important, showing that Europe has a pivotal position in the global lighting market.
Europe’s fast, LED development, another important factor is the impact of high electricity prices in Europe In addition to the European public the concept of environmental protection and energy saving. High electricity prices for LED lighting is a very important driving force, one can replace the traditional 40-watt incandescent bulb 7 watt LED bulb, for example, eight hours a day point calculation of the month after the month (31 days) will save more than 8 kWh of electricity, if the EU-27 electricity computing represents a month with an LED bulb in electricity than traditional incandescent lamps to save $ 2. Higher power consumption for outdoor lighting or commercial lighting will be able to save additional costs. High electricity prices have prompted the European factors that increase the use of energy saving bulbs, the future is an important factor affecting penetration rate of LED lighting.
In addition to the high electricity prices in Europe in the light of cultural is also another part to explore. European outdoor lighting is considerable attention to the lighting environment, rather than simply to emphasize the level of lighting types or brightness. France, for example, Lyon, lighting and urban cultural integration with the government budget every year to come up into the light construction, and the annual Festival of Lights, and initiated the establishment of “international city lighting households” (LUCI) to attract thirty or forty international city to join, both tourism and economic benefits.
Relevant institutions predict that from 2011 to 2015 compound annual growth rate of the LED lighting market in Europe is expected to reach 38% in mature markets will be following the Japanese market, a rapidly growing LED lighting