LED lighting market expands again in counties, districts and towns

With the development of the LED lighting industry, the hot news and topics in the lighting industry always seem to surround the LED, but in the actual situation in China, the lamps installed in ordinary cities and towns are mainly energy-saving lamps or even incandescent lamps. They underpin the prosperity of the entire industry. China is a country with a large population. There are about 20,000 small towns that accommodate nearly half of China's urbanized population. It is also a huge market for the promotion of LED lamps. In recent years, low-carbon wind has quietly blown up in second- and third-tier cities. Energy-saving lamp lighting, electric vehicles, and solar energy bathing. Farmers are increasingly enthusiastic about the low-carbon revolution, which provides strong consumption support for LED lighting to occupy the rural market. According to statistics, China's lighting demand is huge. In 2012, the mainland market demand for incandescent lamps and solar street lamps reached 1.176 billion and 1.269 billion respectively. The compound annual growth rate from 2007 to 2012 reached 7.59%. The market for straight fluorescent lamps The demand is 830 million pieces, the market demand for ring fluorescent lamps is 800 million pieces, and the market demand for halogen tungsten lamps is 755 million pieces. These traditional lighting sources and fixtures are the target replacement markets for LED lighting fixtures. With the implementation of China's phasing out incandescent lamp roadmap, energy-saving lamps mercury reduction roadmap, and the implementation of local governments' policies to promote and popularize LED lighting products in public places, LED lighting products with lower prices and energy-saving and environmental protection will be favored by the majority of second- and third-tier cities.