The estimated market segments of global LED lighting in 2014
The estimated market segments of global LED lighting in 2014 January 11, 2014 by in , with

Global lighting top energy consumption regions are North America, Europe and China, the total proportion accounts for 60.6%; those three regions are the main market of the lighting industry.

However, if observe the world’s major regions distribution, Japan will be the highest in 2014 of 25.6%, mainly because the LED lighting penetration rate (by output value) will reach 65.6% in the area. However, the future potential growth in Japan will slow down, DIGITIMES Research estimates Japan 2014 annual LED lighting growth will be 22%, lower than the North America, Europe and China which are more than 40%, also lower than the global annual growth rate of 38%.

LED lighting market segments in 2014

DIGITIMES Research estimates that in 2014 the North America, Europe and China global LED lighting proportion will reach 59.4%, an increase of 2.4 percentages compared to 2013, in contrary, Japan will decrease by 3.4 percentages. The growth in the three regions are mainly due to LED lighting is shifting from commercial lighting market to consumer market gradually, the traditional lighting manufacturers will enhance the LED product line, and the governments continue to invest on the LED lighting project.

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