There are 28 million to 30 million street lamps in China.In recent years, the number of street lamps added every year is 15-20%, about 3-6 million.According to the number of new street lamps and street lamps added every year, all of them are LED lamps, with an annual increase of 3 billion to 6 billion yuan.The failure rate of LED street lamps used for more than 6000 hours is less than 1%.Lighting accounts for about 19 percent of the world's electricity consumption, and if the lighting system adopted globally were to double its efficiency, it would be equivalent to removing half of Europe's electricity consumption and heat emissions.A global independent trial has been set up to save up to 85 per cent of energy on LED street lamps.In December 2011, China produced 250 million sets of lamps and lighting devices, up 12.45 percent year-on-year.From January to December 2011, the output of lamps and lighting devices in China reached 2.5 billion sets, up by 6.38% year on year.From the output of each province, the output of lamps and lighting devices in zhejiang province reached 1.07 billion sets from January to December, 2011, with a year-on-year growth of 9.13%, accounting for 42.40% of the total national output.Guangdong produced 870 million lamps and lighting installations, down 4.44 percent year-on-year and accounting for 34.43 percent of the country's total output.China's LED market will grow from $4.7 billion in 2010 to $5.8 billion in 2011, up 23%. LED has become a hot product made in China and an attractive investment field.Moreover, government support for the industry appears to be having an effect.China's LED market is expected to reach $6.9 billion in 2012 and $11.1 billion in 2015, with a compound annual growth rate of 17.7% from 2010 to 2015.China's street lamp construction has made rapid development, road lighting quality continues to improve, high intensity gas discharge lamp is widely used, to improve China's investment environment, promote rapid economic development, convenient for people's life, beautify the city and as an export-oriented modern city construction played a great role.
Market outlook forecast
According to the report's online data, the total number of street lamps in China is 9186,356.Urban lighting (counting only functional lighting such as landscape lighting and streetlights) accounts for about 4-5 per cent of China's total electricity generation, equivalent to the annual generating capacity (85bn KWH) of the three gorges hydropower project under construction.Street lighting will be the biggest application, reaching $1.5 billion in 2011 and $1.8 billion in 2012.In 2012, with the pressure of energy saving and emission reduction, the acceptance level of LED street lamps increased significantly.Local governments are speeding up the promotion of LED street lights.Chongqing plans to install 50,000 LED street lamps within two years.Zhengzhou, henan province, plans to popularize the installation of 78,000 LED street lamps by 2015.Jiangsu yangzhou plans to use LED lighting products for 100% of secondary roads and residential areas by 2015, and use LED lighting products for 30% of urban main roads.Hainan plans to replace 210,000 street lamps with LED ones by the end of 2012.Not only at home, in 2012 many foreign countries have begun to start energy-saving emission reduction plan, LED street lamp promotion is one of the main measures of energy-saving emission reduction plan.In 2012, China's total output of LED street lamps will reach 1.22 million, up 79% year-on-year.As the most critical component of LED street lamps, LED street lamp driving power supply will also get rapid development with the rapid promotion of LED street lamps in 2012. It will be an opportunity for LED street lamp driving power enterprises supported by technical and financial strength.It is predicted that by 2020, LED lighting market share in China will reach 80%, China will become the world's largest LED lighting market, the market size will exceed one trillion yuan.From January to December 2011, the national production of lamps and lighting devices reached 2.5 billion sets.The annual output will reach 4 billion in 2016 from 2.8 billion in 2012. The market demand will expand from 2 billion in 2011 to 2.4 billion in 2012. It is expected that the market demand will exceed 3.5 billion in 2016.