LEDinside, a research arm of TrendForce, said that the European LED lighting market will grow at a compound annual growth rate of 38 in the next five years, which is the next fast-growing mature market after Japan, where architectural lighting and commercial lighting applications are sensitive to consumers. The degree is lower, the acceptance of LED lighting is higher, and the popularization speed is the fastest. According to LEDinside 2011-2015 European LED lighting market report data, the global LED architectural lighting market in 2012 was about 3.191 billion US dollars, accounting for about 29% of the overall LED lighting market, of which Europe is the main application market, accounting for global LED architectural lighting. The lighting market is about 35, and the market size is 1.12 billion US dollars. 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 ColLED as the main color, but in 2011, the supply of LEDs was far greater than the demand, so that the ASP of high-power white LEDs for lighting was reduced by 35-40 per year, and the construction of architectural lighting fixtures on the market. 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. (This article Source: Alibaba)
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