LED outdoor lighting market will grow significantly


Posted May 19, 2021 by jojo123

China's new street light amount of government fiscal expansion cycle with higher consistency. 2009 Chinese government put forward a four trillion RMB economic stimulus plan,

 
China's new street light amount of government fiscal expansion cycle with higher consistency. 2009 Chinese government put forward a four trillion RMB economic stimulus plan, the annual number of newly installed street lights to reach 1.84 million units (annual growth rate of 12.17%). But since 2012, China entered a fiscal tightening cycle, strict management of public expenditure budgets, forecasts the number of new Chinese city lights will enter the interval decline. The future growth momentum will be converted into demand mainly from LED lights, especially through the EMC model, supported by outdoor lighting energy-saving projects brought facelift needs.

Statistics found that in 2013, in Guangdong Province, a large number of tenders are still concentrated in the economically developed, relatively strong financial strength of the Pearl River Delta city group of six urban centers. Compared to 12 years while the number also improved significantly in outdoor public lighting, LED lighting has entered the harvest period, after the completion of facelifts, new demand will slow coastal cities. Guangdong 2013 LED lights installed capacity of at least 300,000 units, while 1H14 will be installed into the intensive period of streetlights.

As emerging markets such as India, Russia, Southeast Asia (Vietnam, Indonesia, Malaysia, Thailand), Latin America (Brazil, Mexico, Argentina, Colombia) and Australia, LED outdoor lighting-related policies and facelift project has attracted increasing attention. Russia's 2014 moratorium began more than 25W incandescent, Malaysia from 2014 onwards ban or phase out all incandescent lighting and traditional methods in the building and real estate projects. Thailand and India and are expected LED lighting penetration rate in 2015 will have increased dramatically. In addition, Australia, Argentina, Colombia, and major cities in India have opened LED street light installation projects. led grow lights https://www.eneltec-led.com/products/led-grow-lights

ENELTEC said that in North America, China, Europe is still the main outdoor lighting needs of the region, but by the impact of budget cuts and high permeability to push the growth rate to slow the trend has now. The Latin American market developed late, usher in the next World Cup in Brazil, such as the Olympic Games to promote the two events, outdoor lighting market will usher in a period of rapid move up. best led headlights http://bestledheadlight.com/
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Last Updated May 19, 2021