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LEDinside：The Global LED Street Light Penetration Rate Will Reach About 65% in 2018，General Commercial Lighting Will Continue to Grow Rapidly
The latest report”2017 LED Street Light and Commercial Lighting Market” from TrendForce LED research center（LEDinside）shows，with the promotion and policy support of all areas for LED street lights, street light replacement cases have rapidly developed. In 2017 the global LED street lighting market value reaches USD 3.30 billion, and Europe and North America still account for the largest regional market. From the perspective of shipments, the compound annual growth rate of global LED street lights is still as high as 20% in 2016~2018. Later, as LED street lights have long lifetime and replacement inventory shrinks, the shipments will slightly decline.
As the penetration rate of LED street lights gradually improves, along with the promotion of smart lighting and smart city, smart street lights are rapidly developing as the best entry point of the smart city. Although smart street lights are at the early development stage, various countries have begun to launch demonstration cases gradually. Most of them are first-tier lighting manufacturers and focus on small demonstration. Due higher costs of smart street lights, the European and American areas with developed economy will grow fastest over the next few years.
LED commercial lighting lamps mostly include tube, toffer and panel lights. In 2017 the global LED general lighting value is $6.347 billion, and in 2016~2020 the compound annual growth rate is 12%. In the global market of LED tube in 2017, China accounts for the largest market share for 23%, followed by North America and Europe, In 2017 Europe accounts for 43% market share of Troffer and panel lights.
The mainstream panel light manufacturers pay more attention to product design diversity, and importing smart dimming function in product development, the Chinese manufacturers actively layout and expansion the domestic and foreign sales channels. The highest average price’ market of mainstream products is Japan, the lowest average price’ market is China.（Vita / LEDinside）
2017 LED Street Light and Commercial Lighting Market—Outline
LED Street Light and Commercial Lighting Market Scale
- Role Transformation of LED Street Lights
- Smart Street Light Value Chain
- World's Leading Smart Street Light Demonstration Cases
- Global LED Road Lighting Replacement Case
- Global LED Street Lighting Market Value Forecast
- Global LED Street Light Shipment Forecast
- 2017 Global LED Street Lighting Market Share by Region
- Global LED Commercial Lighting Market Value Forecast
- 2017 Global LED Commercial Lighting Market Share By Region
LED Street Light and Commercial Lighting Product and Price
- DLC 4.0 Takes Effect, Large Increase in Luminous Efficacy
- European Street Light Specification
- US Street Light Specification
- Japanese Street Light Specification
- Chinese Street Light Specification
- Summaries：Panel Light Specification and Price By Region
- Europe Panel Light Specification and Price
- US Troffer Specification and Price
- Japan Panel Light Specification and Price
- China Panel Light Specification and Price
LED Street Light Major Player Strategies
- Philips、iGuzzini、OSRAM Opto
- CREE、 GE、 Acuity Brands
- Major Street Lighting Manufacturers in Emerging Markets
LED Commercial Lighting Major Player Strategies
- Panasonic、Iris Ohyama、Endo Lighting
- Foshan Electrical & Lighting 、NVC Lighting 、Opple Lighting
- Major Commercial Lighting Manufacturers in Emerging Markets
If you would like to know more details, please contact:
Joanne Wu (Taipei)
joannewu@trendforce.com
+886-2-8978-6488 ext. 912
