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In 2018, the global LED industrial lighting market will reach 3.935 billion US dollars
by：Litel Technology
2022-05-17
In 2018, the global LED industrial lighting market will reach 3.935 billion US dollars
According to the latest 'Industrial Lighting and Atrium Lamp Market Trends' report from industry organizations, industrial lighting plays an important role in the lighting industry. In particular, the price competition for replacement lighting products (LED bulbs and tubes in general stores) is fierce. More and more LED manufacturers hope to enter the field of industrial lighting to increase profitability. It estimates that the global LED industrial lighting market will reach US$2.366 billion in 2015 and US$3.935 billion in 2018.
The author said that the energy-saving effect of LED can make industrial lighting more cost-recoverable than household lighting under long-term use, and there are enough incentives to encourage industry to replace LED patio lights. In addition, with the improvement of the performance of LED lighting products and the further reduction of prices, coupled with the more advantageous profit of industrial lighting products, the industrial lighting market will become the focus of competition between LED packaging and lighting manufacturers in 2015-2016.
LED patio lamps account for the largest proportion of lamps, which are divided into industrial and mining and general use (ie used in warehouses, stadiums and other indoor and outdoor places), and are a major focus in the development of the industrial lighting market. Due to the use of LED light source, there is no need for preheating time, and it can be turned off instantly. In addition, the long life of the product also saves maintenance costs. Long-term use can save electricity bills more significantly than HID light sources.
With the improvement of LED technology and heat dissipation capacity, 80W-250W LED ceiling light products are the mainstream in the market, with a luminous flux of about 10,000lm-30,000lm, and an illuminance of about 275-300lux. Since the ceiling light products have not yet fully entered the standardized products, the price strategy will be determined by the product specifications and regions. Among them, Chinese manufacturers have low product prices and fewer product specifications, which makes pricing more fixed and price fluctuations smaller.
The current leading industrial lighting manufacturers include GE Lighting, CREE, and Cooper Lighting in the United States; Iwasaki Electric, Toshiba and Ocean King of China have performed well in recent years. The ultra-high-power LED light source launched by CREE reduces the cost and makes the structural design of the product easier; GE's light source adopts modularization and emphasizes heat dissipation design, and the product life reaches 100,000 hours.
According to the latest 'Industrial Lighting and Atrium Lamp Market Trends' report from industry organizations, industrial lighting plays an important role in the lighting industry. In particular, the price competition for replacement lighting products (LED bulbs and tubes in general stores) is fierce. More and more LED manufacturers hope to enter the field of industrial lighting to increase profitability. It estimates that the global LED industrial lighting market will reach US$2.366 billion in 2015 and US$3.935 billion in 2018.
The author said that the energy-saving effect of LED can make industrial lighting more cost-recoverable than household lighting under long-term use, and there are enough incentives to encourage industry to replace LED patio lights. In addition, with the improvement of the performance of LED lighting products and the further reduction of prices, coupled with the more advantageous profit of industrial lighting products, the industrial lighting market will become the focus of competition between LED packaging and lighting manufacturers in 2015-2016.
LED patio lamps account for the largest proportion of lamps, which are divided into industrial and mining and general use (ie used in warehouses, stadiums and other indoor and outdoor places), and are a major focus in the development of the industrial lighting market. Due to the use of LED light source, there is no need for preheating time, and it can be turned off instantly. In addition, the long life of the product also saves maintenance costs. Long-term use can save electricity bills more significantly than HID light sources.
With the improvement of LED technology and heat dissipation capacity, 80W-250W LED ceiling light products are the mainstream in the market, with a luminous flux of about 10,000lm-30,000lm, and an illuminance of about 275-300lux. Since the ceiling light products have not yet fully entered the standardized products, the price strategy will be determined by the product specifications and regions. Among them, Chinese manufacturers have low product prices and fewer product specifications, which makes pricing more fixed and price fluctuations smaller.
The current leading industrial lighting manufacturers include GE Lighting, CREE, and Cooper Lighting in the United States; Iwasaki Electric, Toshiba and Ocean King of China have performed well in recent years. The ultra-high-power LED light source launched by CREE reduces the cost and makes the structural design of the product easier; GE's light source adopts modularization and emphasizes heat dissipation design, and the product life reaches 100,000 hours.
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