China's solar street lighting market has huge room for growth
The future development of the solar street lighting industry depends on the market's acceptance of solar street lighting efficiency, product quality and innovation, in addition to policy factors, such as the international brightness and security of solar street lighting solid-state lighting. And other specifications. Solar street lights will play a very important role in the lighting industry due to their high efficiency and long life. Future solar streetlights will spawn new applications and take advantage of new packaging technologies and wafers to reduce production costs and increase luminous efficiency. Nowadays, the demand for customers in the general lighting market of solar street lamps has gradually changed from the requirements for brightness and cheapness to the requirements for quality, environmental protection and comfort. It is estimated that solar street lamps will be more environmentally friendly in the future, and the price will drop to traditional lamps. 1.3 times the level. At present, the world's major solar street lighting market is concentrated in the Asia-Pacific region, accounting for 33.7% of the global market, followed by North America, accounting for 30.1%, followed by Western Europe 22.3%, Eastern Europe accounting for 5.1%, Africa and the Middle East about 4.5%. It is estimated that the global market size is about 8.5 billion US dollars. In terms of application products, it is mainly household-based, accounting for 39%, followed by office and medical Europe 18%. The third largest market is outdoor lighting, about 12%. At present, the largest solar street lighting market is solar street backlighting (laptops, PCs, LCD-TVs and mobile phones). The solar street lighting general lighting market has entered a rapid development track, especially in street lights, car taillights, car interior reading lights and Interior lighting for small sign lights, exterior lighting for buildings, special lighting for government agencies (and special public places such as jewelry stores and airports), outdoor and indoor solar street light displays, home spotlights, home solar street lamps and solar energy The streetlight fluorescent lamp market has also started. The solar street lighting market has considerable room for growth. In particular, the Chinese market is growing rapidly. It currently accounts for 38% of the global solar street lighting outdoor lighting market, surpassing North America's 33.3%.