What are the prospects for the development of intelligent LED street lamps?
LED Street overall environment tends to be stable, but due to the change of government, corruption and other objective factors, this year LED Street speed was significantly lower than expected, the growth rate slowed down, showing the situation, the market is more rational. According to the Chinese LED lighting industry market outlook and investment strategy planning analysis report "shows prospective", in recent years, Chinese LED lamp market penetration (installation number) on the rise, more than 7% in 2011, reaching 11% in 2012, 2013 LED street market penetration is about 19%. In 2015, China's LED street lamp market reached 23 billion yuan, the overall market penetration of China's LED road lighting products will exceed 45%, and the market space is enormous.
Before 2015, LED Street will remain around 50% compound annual growth rate, by 2015, LED road lighting lamps in the field (mainly for street lights and tunnel lamp) the overall penetration rate reached 46%, the next two years will add more than 30 million LED street lights and tunnel lamp. These favorable expectations have brought greater potential for development of LED street lamps.
