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The Three Stages Of LED Market Development

Oct. 20, 2018

With the gradual development of LED lighting fixtures, LEDs have gradually replaced some traditional light source products in public places such as lighting engineering assistance. In 2009, LED began to enter the mainstream lighting popularity in developed countries. In commercial applications where electricity costs are high and usage is long, LED lamps quickly become the new darling of the market. As the use of LED lighting, LED market development is divided into several stages.

The first stage, the stage of utility model of LED lamps.

On the basis of the previous stage, the market has certain recognition and acceptance of LED lighting products. Other features such as environmental protection, small size, and high reliability of LED lamps have gradually emerged. The resulting range of products that are completely different from traditional light source applications will be popular. The lighting industry will have a larger and broader development space. The light source is no longer just for lighting, and its change makes it more relevant to people's work and life. Manufacturers are fighting for design and application advantages.

The second stage, the intelligent control stage of LED lamps.

With the development of new technologies such as the Internet of Things, LED as a semiconductor industry will also be equipped with such high-speed trains to play its high controllability. From home to office buildings, from roads to tunnels, from cars to walks, from auxiliary lighting to main lighting, intelligently controlled LED lighting systems will bring a higher level of service to humans. The LED lighting industry will also go from making products to designing products to providing a total solution.

In the third stage, LED lamps replace the acceptance phase.

This stage refers to the early development of LED lamps, mainly reflecting its high luminous efficiency (small energy consumption) and long life. Because of the high price, it is mainly in the commercial market at this stage. The customer has an acceptance process, starting with the transition and acceptance of habits and appearance. In the case of consistent use with traditional light sources, the characteristics of power saving and longevity of LED lamps make the market easy to accept its relatively high price. Especially in commercial applications. Each manufacturer is fighting for quality and price advantages.

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