Europe and the United States LED street lights replace the tide of new business opportunities

LED lighting is a new generation of lighting revolutionary technology applications, with energy saving, environmental protection, high efficiency and other characteristics, especially in the constraints of traditional energy, environmental pollution and other factors today, LED lighting industry has undoubtedly become the focus of attention in the global community. With the LED's luminous efficiency and longevity, coupled with the advantages of power saving, energy saving, and environmental protection, the feasibility of LED replacement of traditional light sources in the application of street lamps has greatly improved. Under the premise of rapid growth of LED technology and continuous improvement of product characteristics, demonstration programs for LED street lamps have been launched in various countries in the world. As the leading edge of LED technology in Europe and the United States, the replacement of LED street lights has begun.

LED street lights to promote the trend
In recent years, along with economic development, energy-saving and emission-reduction projects have been put on the agenda successively by European and American countries. As a new generation of energy-saving and environmentally friendly light sources, LED has received attention and support from various countries.

For example, the European Union has launched the "High-brightness Organic Light-Emitting Diode Project for Information and Communication Technologies and Lighting Equipment" and invested 20 million euros to effectively improve the luminous efficiency of organic light-emitting diodes. At the same time, it also launched a comprehensive ban on the production and sale of incandescent lamps, fluorescent lamps, and energy-saving lamps, and promoted the development of LED lighting technology. The U.S. federal government also launched the National Semiconductor Lighting Research Program in 2002 and incorporated it into the Energy Act. Enterprises can receive 50 million U.S. dollars a year in financial support and a total of 500 million U.S. dollars in financial support in 10 years. The US Congress’s funding support for LED lighting projects rose from 3 million U.S. dollars in 2003 to 30 million U.S. dollars in 2007, and funds continued to rise in 2009 and 2010. In 2011 and 2012, according to the economic stimulus plan, the U.S. Congress increased the R&D expenditure for LED lighting by 50 million U.S. dollars and 37.8 million U.S. dollars, respectively, making the total funds for the two years approaching 140 million U.S. dollars.

U.S. states have high public electricity bills, and replacement of LED street lights is very necessary. All regions will be more active in replacing LED street lights. Europe is constrained by poor economic conditions. The real business opportunity has not yet been fermented. It is now the best time for LED companies to prepare. Once the European economy improves, huge business opportunities for replacement will follow, and LED street lights will have more. Broad market.

European and American LED street lamps gradually increase the penetration rate

Compared with other regions in the world, the electricity bills in Europe and the United States are higher, and in the environment of high electricity bills, the demand for the energy-saving effect of street lamps is even more urgent. Therefore, it is imperative to promote LED street lighting products in the local market. The street lamp replacement market in Europe and the United States has a faster development speed, and the replacement of LED street lamps will also be more rapid. Local governments will also actively promote the popularity of LED public lighting products based on energy conservation and emission reduction.

Kobayashi, a subsidiary of Lightsoft, has been operating the LED light market in the United States under the “LEOTEK” brand for many years, and has first noticed the opportunity to replace the US street light market. Chief Operating Officer Ye Yaozhong said during an interview with the media that at present, there are estimated 36 million street lights in the United States. As of the end of last year, the penetration rate of LED street lamps in the United States was about 6%. According to the status of the bids released by the governments of various parts of the United States, this year It is estimated that the market size of the marked market will increase by 40~45%, and the penetration rate of LED street lamps before the end of this year is expected to grow to 10%.

According to the latest report issued by the US Department of Energy recently, the installed capacity of LED lamps in the United States has increased tenfold in the past two years, from 4.5 million units in 2010 to 49 million units in 2012. It is estimated that US$675 million will be saved annually. Energy costs.

According to the research, in the outdoor lighting fixtures, the LED lamps used to replace the 250W high-pressure sodium lamps, the cost of the LED streetlights and the tunnel lamp are lower than the traditional lighting costs, the cost gap is about 30%, and the LED streetlights and tunnel lights and other LEDs The competitive advantage of lighting products has already emerged. According to the continuous decrease in the price of LED lighting fixtures and the continuous improvement of performance, it is expected that the overall cost of the life cycle of most LED lamps will be significantly lower than that of traditional lamps and will become the mainstream lighting source.

Replace new opportunities in the boom
With the global emphasis on environmental protection issues of energy conservation and carbon reduction, the demand for LED lighting has gradually risen. Compared with the demand for energy conservation of ordinary consumers, the government-led replacement of lighting products in the public sector will be more explicit. Especially in regions such as Europe and the United States that are paying more attention to environmental protection, street lamp replacement business opportunities have begun to take shape. LED street lamps will face greater opportunities for development.

Obviously, the vigorous development of the LED street lamp market has driven the rapid development of related LED companies. According to Ye Yaozhong, chief operating officer of LEOTEK, along with the increasing demand for LED street lamps in Europe and the United States, the company’s performance this year will also grow steadily by 40 to 45% with the expansion of the market, and there is still room for growth in the future. In fact, another Taiwanese powerful company, Lianjia Optoelectronics, has also successfully entered the American streetlight market. The company’s second generation LED streetlights also achieved approximately 50,000 street lamps in North America at the end of last year. It is expected to ship to the third quarter of 2014. , And become the company's main revenue growth momentum this year, just this year from January to April cumulative consolidated revenue reached 540 million yuan, an increase of 31.52%. In addition, LED concepts stocks such as RevolutionLight, CREE, and Xuming Optoelectronics, which occupy a considerable geographic advantage, have achieved 100% gains in the past six months, indicating that the US LED market has become a huge opportunity.

In addition to the U.S. market, the industry is also optimistic about the development of European street lamp replacement market. At present, Europe is in a period of economic recession. Once the economy begins to recover, the development potential of LED street lamps in the public lighting sector will be inestimable, which will also be LED practitioners. Bring huge business opportunities. In this market environment, LED companies should make early preparations to grasp the trend and take the lead in the global LED replacement boom.