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Predictions Of 2014 Lighting Industry TrendsBy Expert Author: globalbm globalbm
At present, as the recovery and development of national economy, LED lighting industry has entered into a period of the high speed development. As to what LED lighting industry will be, many industry experts may forecast as below:
1. LED indoor lighting products will take up the biggest share in the market, keeping a continuous good status. And it is likely that the market share of LED indoor lighting products will exceed that outdoor lighting products do, from which all LED lighting products will benefit and expand their brands.
2. In contrast, LED ceiling lights will become mainstream products in home decors. The number of single-product companies will be increasing, with quality improvement and the dropping price.
3. LED light source will be widely applied to various lighting devices, including modern light, Chinese lamps, crystal lamps, and Euro-style lights, etc. Moreover, LED light source will be a selling point of the competitive market in 2014.
4. Led lighting products will gradually be as good as T5 lights in quality. One of the biggest characteristics of Led lighting products is its light emitting efficiency can get close to or held the same quality level with T5 lights. Moreover, Led lighting products have better decorative effects and more flexible plasticity.
5. Led lighting products will become a relatively new indulgence in market, in which has been regarded as main adornments in recent years. There are different market needs between Led lighting products, for adults prefer a large, stately residence, modernized and simple style and children are fond of cartoonlized lighting products.
6. New Chinese style will continue to flourish in the years to come. Compared with traditional Chinese style, New Chinese lighting products will be more modern in materials, color, and design.
7. Modern lighting products will continually earn abundant favor by young consumers. Modern lighting products in fashion and simple style will become the first option of young consumers to replace their home lighting devices.
8. Low-voltage lighting products will step into a low point in 2014, and a large number of lighting companies have to make totally transformation to survive. It is mainly because lighting quality is in different states in their grade levels to directly lead to consumer confidence crisis.
9. LED streetlights will strengthen its promotion and procurement volume and welcome a new round of development opportunities. Therefore, the market competition is also under an unprecedented intensified environment.
10. Energy-saving lighting products are facing with landslides in market share and large crowds of lighting enterprises must make preparations of transformation. This transition will bring huge losses to enterprises, which is extremely painful for the LED lighting manufacturer.
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