TrendForce, a research institute, said that the lighting market is gradually recovering. Affected by the high demand for energy saving from various governments and the rising price of raw materials around the world, it is estimated that the output value of the lighting LED market in 2022 will have the opportunity to reach 8.11 billion US dollars, an annual increase of 9.2%. %.
TrendForce pointed out that driven by factors such as healthy lighting and smart lighting, the market size of lighting LEDs will continue to grow, and is expected to reach US$11.1 billion by 2026, with a compound growth rate of 8.4% from 2021 to 2026.
TrendForce believes that in the next few years, driven by factors such as human-induced health lighting and smart lighting, the market size of lighting LEDs will continue to grow.
In addition, lighting is a major energy consumption item in buildings, accounting for 20% to 30% of total building energy consumption. Driven by the high demand for energy saving and the upgrading of policies and regulations, LED will further penetrate.
The lighting market is gradually recovering, which has been clearly reflected in the 2021 manufacturer revenue rankings, including Samsung LED, ams OSRAM, CREE LED, Lumileds, Seoul Semiconductor, MLS ), Lightning and other lighting LED manufacturers have shown growth in revenue.
In 2021, the price of lighting LED products will be stable and rebound. According to the category, the average market price of low- and medium-power lighting LED products below 1W, such as 2835 LED, 3030 LED and 5630 LED, will increase by 2.1 to 4.4% annually; 1W The above high-power lighting LED products, such as ceramic substrate LEDs and 7070 LEDs, have an average market price growth of 3 to 6% per year.
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