For specific alternatives, LED lighting is likely to replace halogen lamps in the future. At present, halogen lamps are mainly used in commercial facilities such as shops. If they are replaced with LED lighting fixtures with better luminous efficiency, the energy consumption can be greatly reduced, and the electricity cost, that is, the running cost, the sum of the initial cost and the running cost can be reduced. It will be cheaper than existing light sources in 2-4 years. On the other hand, the Ministry of Science and Technology has carried out the “Ten Cities and Ten Thousand Miles” semiconductor lighting application project nationwide, and LED street lights as a key promotion product have also become a hot spot in the market. At present, the Ministry of Science and Technology has identified 21 cities in Mianyang, Chengdu, Chongqing, Yangzhou, Xiamen, Shijiazhuang, Baoding, Xi'an, Tianjin, Nanchang, Weifang, Zhengzhou, Wuhan, Shenzhen, Dongguan, Fuzhou, Dalian, Harbin, Ningbo, Hangzhou and Shanghai. Pilot city for engineering. In addition, local governments have also developed relevant semiconductor lighting development plans. Due to the high cost of LED lighting, as well as a series of problems such as lack of standards, heat dissipation performance, and power supply redesign, it is difficult to form a scale in the short term through the development of its own market. This time, through the support of the state and local governments, The LED lighting market is expected to enter a new development process.
From the perspective of enterprises, due to the high technical requirements for high-power products, European and American manufacturers Cree, Osram, and Lumileds have strong competitive advantages. Taiwanese companies have occupied the mid-end market with good product cost performance. Packaging companies such as Foshan Guoxing have made great progress in high-power products in recent years.
It is expected that from 2009 to 2013, China's LED lighting market will show rapid development momentum. From the perspective of the amount, the annual average compound growth rate of the LED market for street lamps will reach 38.8%, and the annual LED market size for landscape lighting will be average. The compound growth rate will reach 21.7%, which is higher than the market average compound growth rate. The rapid development of the lighting market will directly drive the market demand for high-power LED products above 1W.
At this stage, the cost of LED lighting fixtures is 5-10 times that of fluorescent fixtures and HID (Henon Lamp) appliances, resulting in excessive cost due to the price of the unit brightness and peripheral components. The price of white high-power LEDs is much higher than that of traditional lighting fixtures. At the same time, lighting products require peripheral components such as heat sinks, power supplies and lenses. In the LED lighting market, due to the low sensitivity of landscape lighting products to prices, the market started earlier. From 2004 to 2008, the annual average compound growth rate of China's landscape lighting LED market reached 42.8%. With the continuous decline of the cost per lumen and the government's vigorous promotion, the LED lighting market has been accelerating and the penetration field has gradually expanded.