The latest market report published by LEDinside, a research department of TrendForce, a global market research institute, pointed out that the global LED outdoor lighting replacement trend will be from 2013 to 2015, of which Asia-Pacific China, Japan and Taiwan are the most active. Under the policy promotion, in 2013 The global outdoor lighting output value will reach 2.478 billion US dollars, with an annual growth rate of more than 46%. Other emerging market countries, such as Thailand, Russia, Latin America and Africa, will also welcome a large-scale street lamp refit in 2014. Until 2015, the penetration rate of LED street lamps is gradually gradual, and the growth rate begins to decline. The scale of LED street lamp replacement and new LED street lamps will be maintained at about 10 million per year.
Various local provinces in the United States and Canada, such as San Diego, Seattle, and Los Angeles have successively launched LED street lamp replacement solutions in the second half of 2012. Major local manufacturers such as Cooper LighTIng, Cree, GE LighTIng have also announced new product lines to meet Different application requirements. European international manufacturers are not letting too much, Philip launched CityTouch, allowing users to more easily monitor all lighting systems in the entire city through the management interface. CityTouch can also monitor and manage the maintenance status of each lighting fixture through real-time status reports. So far, CityTouch has been widely used by large European lighting operators.
The global LED outdoor lighting market grew against the trend in 2012, with China's newly installed street lights accounting for 30% of the world's total. Subsidies from the government are still the main growth driver, especially in the case of weak export sales, more companies are optimistic about China's public lighting energy-saving renovation projects. Because the competition is very fierce, LED prices have been further reduced in 2012, and shipments are concentrated in the hands of companies with scale advantages. However, there are still many new manufacturers entering this market. LEDinside estimates that with the fiscal subsidy bidding entering the installation phase in 2013, Guangdong's new installed capacity is expected to exceed 300,000 units this year, making it the fastest growing regional market for LED outdoor lighting.
The Taiwan Regional Energy Bureau released 2 billion Taiwan dollars to expand the energy saving project plan for LED street lights. It is expected to replace 250,000 LED street lights between 2013 and 2014. The LED street lamp bidding review adopted favorable bids, which is conducive to the use of Taiwanese manufacturers ’chips, LED components, power supplies, and heat sinks. LEDinside believes that despite the fierce price competition in the bidding market, manufacturers have won the bid at a low price. However, after adding repair and warranty costs, the winning bidder may not be able to make too many profits, but it can bring revenue contributions. Therefore, the successful bidders such as Guanglin, Yiguang, Delta Electronics, and Hexi will become the main beneficiaries.
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