Domestic LED street lamp penetration rate is close to 30%, intelligent street lamp construction will meet opportunities

With the improvement of LED chip and driving power technology, problems such as heat dissipation, light decay, and power supply of LED street lamps have been solved, and the continuous rapid decline in price has improved the cost performance of LED street lamps.

Domestic LED street lamps gradually replaced traditional street lamps as the main force for newly installed street lamps. At the same time, the intelligent control features of LED street lamps in the future have strengthened the advantages of LED street lamps. Under the current background of energy saving and emission reduction, local governments have widely promoted LED street lighting products.

With the Chinese government subsidies have been withdrawn, and the street lighting renovation in the coastal developed areas is nearing completion, China's LED street lighting renovation will enter a stage of sound and steady growth, and the overseas market is gradually becoming the driving force for future growth.

According to the research data of the High-tech Research Institute LED Research Institute (GGII), benefiting from the collective recovery of the domestic LED market, the domestic LED street lamp market in 2016 reached 9.46 billion, an increase of 15.4% year-on-year. By the end of 2016, the domestic LED street lamp penetration rate was close to 30%. .

At the same time, the smart city gradually enters the stage of substantive construction from concept exploration. With the accelerated development of smart city construction and the wide application of new generation information technology such as Internet of Things and cloud computing, the construction of intelligent street lamps will usher in rapid development opportunities. It is estimated that by 2020, the penetration rate of China's LED intelligent street lamp market will increase to about 40%.

The High-tech Research Institute LED Research Institute (GGII) has collected a large amount of first-hand information through the on-the-spot investigation of major LED street lighting companies in China and the face-to-face conversations with leading LED street lamp industry leaders at home and abroad. A solid foundation. On the basis of full investigation, the “2017 China Led Street Light Industry Research Report” was compiled.

This report has conducted detailed research and analysis on the scale, shipments, prices, business models, key enterprises, investment opportunities and suggestions, and market development trends of China's LED street lighting industry in 2017 and in the next few years. It is hoped that through in-depth investigation and in-depth research and analysis, we will provide the most accurate and most valuable LED streetlight industry data and investigation report for investors, industry insiders, securities companies and those who want to understand the LED street lamp industry.

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