2016 US LED lighting market will reach 25 billion US dollars
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According to a research report by the US market research institute Freedonia, the demand for LED lighting fixtures in the United States is expected to grow at a rate of 7.4 per year, reaching $25 billion by 2016.
The US TLED Notification Council for LED Lighting is mainly for the TBT notification of the recently released LED lamp test procedure in the United States. The test procedure specifies methods for measuring lumen output, input power and relative spectral distribution of LED lamps. In addition, a method of measuring the luminous flux maintenance rate of the LED light source is also specified to predict the rated life of the LED lamp.
It is understood that these regulations are closely related to LED lighting products, and the United States is one of the major export markets for LED lamps in China. In 2012, China’s exports of LED lamps to the United States reached 10 billion yuan. Once the US notified regulations are officially implemented, it will have a greater impact on China's LED industry.
At present, LED lighting has a small market share, but its longer service life and higher efficiency will increase its demand. The pace of advances in LED light source technology will also make them more energy efficient, brighter and more affordable. In addition, lighting fixture manufacturers are also developing devices designed specifically for LEDs to optimize their performance and make them mainstream products in lighting products.
The prospect of high-speed LED development in the United States is also attributed to the demand for energy-efficient lighting products in the Energy Independence and Safety Act of 2007: restrictions on the sale of incandescent lamps. These regulations will work to promote the demand for fluorescent lamps, halogen lamps, high-intensity discharge lamps, and LED light sources. 