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In 2012, the global LED architectural lighting market was about 3.191 billion US dollars, accounting for about 29% of the overall LED lighting market. Europe is the main application market, accounting for 35% of the global LED architectural lighting market, with a market size of 1.12 billion US dollars. According to the 2011-2015 European LED Lighting Market Report, the European lighting market has continued to grow steadily to US$18.9 billion in 2011, up 10% from 2010. Among them, the European LED lighting market in 2011 has exceeded US$2.08 billion.
In 2012, the global LED architectural lighting market was about 3.191 billion US dollars, accounting for about 29% of the overall LED lighting market. Europe is the main application market, accounting for 35% of the global LED architectural lighting market, with a market size of 1.12 billion US dollars. The survey data also shows that the European LED lighting market has a compound growth rate of 38 in the next five years, which is the next fast-growing mature market after Japan. Among them, architectural lighting and commercial lighting applications are less sensitive to consumers due to their price sensitivity. The acceptance is higher and the popularity is the fastest.
Due to the multiple light color characteristics of LEDs, European countries are willing to invest more funds in promoting the lighting design of cultural and sightseeing values ​​to attract more tourists. TrendForce said that in the past, the use of LEDs mostly used RGB and ColorLED as the main color, but in 2011, the supply of LEDs was far more than demand, which made the ASP of high-power white LEDs for lighting reduce the price by 35~40 per year. Business has increased the acceptance of white LEDs, so in 2011 white LEDs have exceeded 40% of architectural applications. Under the rapid improvement of the luminous efficiency of white light and the rapid price cut, it is expected that white light will replace RGB/Color as the main building color in 2013.
According to statistics, the output value of lighting and construction-related applications in Germany is as high as 11 billion euros per year, and the number of employees is as high as 80,000. If you add peripheral electronic components and information industry, you can create an annual output value of 65 billion euros, and the number of employees is up to 543,000. In the next few years, due to the impact of the EU's policy on the total ban on incandescent bulbs in 2012, it is estimated that the market will show a substantial growth. The annual compound growth rate of the European LED lighting market between 2011 and 2015 is expected to reach 38, which will be the next fast-growing mature market for LED lighting after the Japanese market.
Observing the development of the European lighting market in the past has always been a steady growth performance. Due to the high customer price and high gross profit in this market, it is the place of attention of various lighting manufacturers. If you can stand up to the European lighting market and master the orders in the region, in the fields of product verification, technology and quality, It is in an invincible position.