By 2017 the LED market value of more than 30 billion US dollars

 
 
According to "2017 global lighting market outlook" reported that 2016 LED lighting market size reached 28 billion US dollars, 2017 LED lighting market size will reach 32 billion US dollars, LED lighting penetration rate of 49%. Benefit from the development of regional lighting market, 2016 European LED lighting accounted for 26%, followed by North America and China. Looking ahead, Asia Pacific lighting market is the fastest growing.
 
 
First, in the Southeast Asian lighting market, Southeast Asia in recent years, LED lighting strong growth, the traditional lighting alternative measures gradually strengthened. Although the overall economic environment in 2015 slowed down, but the next few years, with the policy incentives and alternative demand growth, Southeast Asia, LED lighting penetration and import scale will continue to increase, Southeast Asia has gradually become Chinese manufacturers export LED lighting products, the main destination
 
Second, in India, India's LED industry has been fully supported by the Indian government, the government has introduced a series of policies to support the development of the industry, the most important of which is the Indian National Street Project (SLNP) and India's efficient lighting program (DELP) In addition to further investment in India, the Indian government to implement part of the import of LED parts tariffs (basic tax), LED products will be extended to semi-finished products into the Indian assembly, the development of local Indian market.
 
 
Third, in Australia, Europe has about 7.5 million households, the average family of 68 lamps, as early as incandescent consumers who, in addition to the beginning, the current products mainly to G9 LED or COB series based. In the pursuit of energy-saving lighting requirements, LED lighting will have more opportunities. In recent years, the Australian lighting market more and more in the field of commercial lighting incandescent products, but also to stimulate the Chinese market filament lighting OEM orders.  
   G9 LED
 
 
Fourth, especially in the United States, the US dollar strong US LED lighting products become the global engine demand, global production has become relatively cheap. This trend is expected to have an impact on the US market in 2016. At the same time in order to maintain the development of the industry, the United States is promoting the localization of LED lighting, will better meet the local market segmentation market expansion.
 
Major US manufacturers are actively developing LED lighting business, LED lighting products continue to rise, LED commercial lighting / engineering lighting demand in the US market strong. Among them, G4 LED, G9 LED widely used in Troffer, flat lights, tunnel lights, dawn lights market demand the fastest growing, and gradually began to achieve intelligent optical communications and other new applications.
 
In addition, the four major commercial lighting market, including factory lighting, medical lighting, ship port lighting and intelligent lighting, are subject to market attention. So, when it comes to the market value of more than $ 30 billion in 2017, it is entirely well-founded, and the plant lighting market benefits medicinal cannabis cultivation is legal, opening the casino in Colorado, Washington State and Marijuana to see this wave in full bloom Entrepreneurs and lighting system manufacturers have accelerated.