Philips estimates that the market for LED lighting systems will reach 50 billion euros in 2020. In the second quarter of this year, 20% of the revenue of Philips Lighting has come from LED lighting (excluding LED epitaxy and package revenue), which will exceed 20% in the second half of this year. This figure exceeds the general level of global LED lighting accounting for only 10% to 15% of the overall lighting penetration. Philips has determined that LED is the mainstream trend of lighting, and currently Philips has a global market share of over 20% in LED lighting, which has surpassed Philips' market share of traditional lighting (about 15%).
According to Philips, the current global lighting market scale (including LED lighting systems, traditional lighting, LED light sources, traditional light sources) is about 65 billion euros. By 2020, the overall market size will be expanded to 100 billion euros, of which LED lighting systems account for more than 50%, up to 50 billion euros, the other 2 trillion yuan including traditional lighting, LED light source, traditional light source.
From Philips' analysis of lighting industry trends, LED lighting has the most potential for LED lighting systems that require creative design and integrated energy. LED light sources (including LED epitaxy, packaging, and light engines) that emphasize the mass production efficiency, since 2011 It has grown rapidly in the year and entered a mature and stable period by 2015, becoming a market for price and production efficiency.
According to Philips, the current global lighting market scale (including LED lighting systems, traditional lighting, LED light sources, traditional light sources) is about 65 billion euros. By 2020, the overall market size will be expanded to 100 billion euros, of which LED lighting systems account for more than 50%, up to 50 billion euros, the other 2 trillion yuan including traditional lighting, LED light source, traditional light source.
From Philips' analysis of lighting industry trends, LED lighting has the most potential for LED lighting systems that require creative design and integrated energy. LED light sources (including LED epitaxy, packaging, and light engines) that emphasize the mass production efficiency, since 2011 It has grown rapidly in the year and entered a mature and stable period by 2015, becoming a market for price and production efficiency.
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