LED lighting market trend irresistible

Posted by Wangkiky Wangkiky over 6 months ago

International cut the global economic growth prospects, this year the global economy will grow 3.6%, slightly lower than the agency in January given the expected value of 3.7%, but higher than last year's growth rate of 3%. For the region, the US, Germany, the UK market recovery situation is improved, the US economy is expected this year is expected to grow 2.8%, and maintain the Chinese economy this year, an increase of 7.5% expected unchanged, and the 2014 Shanghai economic growth expectations Down to 1.4%. Economic growth refers to the continuous increase in the production of material products and services in a country or region, which means that the expansion of economic scale and production capacity represents the growth of a country or region's economic strength. The above area is the development of LED lighting an important market, economic recovery or weakness also affects the LED lighting market size changes. At present, LED lighting industry's main market in North America, Europe and Asia, Asia and China and Japan. oEdRo 9005 Fog Light 50W SB Series LED has said that the global LED lighting penetration from 22% in 2012 to 26% in 2013, is expected to reach 32.7% in 2014. To the North American market, as of the end of 2013, the United States a total of more than 600 cities have been or are planning to install LED lights, in addition, most provinces and cities in Canada are also active LED street light dress plan or carry out facelift incentive plan. In addition, the European LED street lighting full popularity, the European LED lights for the price sensitivity relative to other regions to the low, but the quality requirements are quite harsh.