LED Road Lighting Product Market Space and Power Saving Potential Analysis

LED Road Lighting Product Market Space and Power Saving Potential Analysis

With the continuous improvement of LED lighting technology and the continuous decline in prices, as well as the increasing need for energy saving and emission reduction in urban lighting, the demand for LED street lamps in the road lighting market has also grown rapidly. As road lighting products are applied in outdoor places, they require high performance, such as uniform illumination, no glare, long life, high reliability, and adjustable color temperature. At present, main applications include high-pressure sodium lamps, electrodeless lamps, and LED street lamps. Wait.

CSAResearch believes that the road lighting market is the market with the highest penetration rate in all LED general lighting market segments. Currently, the application of branch trunk roads is becoming more mature, but the application of main roads needs further exploration.

1, good market prospects

Global Market Research Institute DIGITIMES Research released in March 2014 "2014 Global Bright LED Market Trends and Installed Volume Forecast Analysis Report" shows that the current global installation of street lamps is about 200 million baht, of which Europe is about 65 million baht, accounting for more than 30%. About 44 million people in the United States account for more than 20% of the total.

According to data from the National Bureau of Statistics of China, as of the end of 2012, there were 289 cities in China at the prefecture level and above, with about 21 million street lights in urban areas, non-prefecture-level cities and township roads, and the pace of urbanization in China has accelerated in the past two years. ,CSAResearch preliminary estimates that China's current street light installation (volume) is about 33 million baht, accounting for more than 16% of the world, as shown in the figure:

Figure 1 Regional distribution of global street light installations

According to CSAResearch's analysis of LED lighting company's survey data, in recent years, the penetration rate (installation quantity) of LED street lamps in China has been continuously increasing. In 2013, the LED street lamp market penetration rate was approximately 19%, and the market size was approximately RMB 14 billion. . According to the preliminary calculation of CSAResearch, the market size of LED street lamps in China will be approximately 23 billion yuan by 2015; by that time, the overall market penetration rate of LED road lighting products in China will exceed 45%, and the market space is huge.

Figure 2 Forecast of market share of China's LED street lighting market in 2011-2015

2. Significant energy saving effect

According to the 2013 report of the China Electricity Council, the total electricity consumption in 2013 was 5.32 trillion kWh, a year-on-year increase of 7.5%. According to a survey conducted by the China Illuminating Society and Huatong People's Company, the electricity used by lighting accounted for 13.6% of the total electricity consumption in the society in 2013, of which the road lighting use accounted for about 29% of the entire society's electricity consumption (as shown in Figure 3). .

Figure 3 Distribution of lighting power consumption in various fields in 2013

According to CSAResearch research, the overall luminous efficiency of LED road lighting products in 2013 exceeded 100lm/W, and the overall luminous efficiency in 2015 is expected to exceed 130lm/W. At present, compared with high-pressure sodium lamps, the use of LED road lighting products can save more than 40%. According to estimates by CSAResearch, the installed number of global street lamps is currently about 200 million baht. If 30% of street lamps are LED street lamps, global LED street lamps will have annual electricity consumption of more than 22 billion megawatts. When 50% of LED street lamps are used, their annual electricity consumption will exceed 380 billion degrees; when all replaced, 100% LED street lights, its annual electricity will exceed 84 billion degrees. At present, the number of street lamps installed in China is approximately 33 million baht. If 50% of LED street lamps are used, the annual LED street lamp power in China will exceed 6 billion megawatts. When 100% is replaced with LED street lamps, the annual energy consumption will exceed 14 billion megawatts. .

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