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Subsidies in China boost LED outdoor lighting

Posted: 23 Apr 2012 ?? ?Print Version ?Bookmark and Share

Keywords:outdoor lighting? LED market? subsidy?

LEDinside, the LED research unit of TrendForce Corp. has released the "2012 Chinese LED Lighting Market Report" showing the latest policy in China that mainly subsidizes end-market products such as LED street/tunnel light, LED down light and self-ballasted LED-reflectors (MR series and PAR series). This is different from previous policies that focused on upstream LED chip companies.

In order to meet the market expectations for lumens per dollar (lm/$) and to increase market share, LED lighting companies have been striving to make their way into the lighting market. China launched a subsidy policy for the solid-state lighting products this year, arranging public biddings for interior and outdoor lighting products which took place on March 20.

The government will offer 30 percent subsidies for the winners for the products indicated that allowed the market research firm to believe that the policy will greatly stimulate the outdoor lighting market in China. As such, the outdoor LED lights are estimated to reach one million units this year, and the orders generated are expected to go to major companies.

European LED market still looking up
On the other hand, Europe has become one of the biggest LED markets in the world. Although large LED subsidy policies cannot be seen in Europe, its high electricity price and its cultural emphasis on lighting still makes LED lighting a promising option in the commercial lighting and outdoor lighting areas. According to LEDinside's report, besides halogen light and fluorescent lighting, the traditional lighting companies in Europe also actively develop LED lighting products and acquire the lighting projects in Europe in cooperation with local architects, designers and global distributors. TrendForce believed the value of the European LED market to grow to $3.01 billion this year.





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