Incandescent light bulb ban starts LED business opportunities below 10W
In the face of global climate change and rising energy prices, governments have begun to list some energy-intensive products as the primary ban, such as incandescent bulbs are the most obvious case. The ban on incandescent bulbs began with the first fermentation from the EU and Japan, and governments began to follow suit. From the timetable of banned incandescent bulbs in various countries, LED inside said that after 2012, most countries began to gradually ban incandescent bulbs, which also brought huge business opportunities for LED lighting.
Lighting accounts for 19% of global electricity consumption
According to the current stage, the proportion of global electricity consumption is 19%, and the total energy consumption is 2651 TWH. If the existing light source can be replaced with energy-saving light source, it is expected to save 30% energy consumption. If we further combine energy-saving light sources with sensors, smart grids and other related applications, we can save another 30% of energy consumption. If you can save 50% of energy by 2030, it will be equivalent to reducing CO2 emissions of 2 billion barrels of oil.
LED bulb business opportunities below 10W emerge
As governments around the world are striving to promote energy-saving policies and the gradual decline in LED lighting costs, which will help stimulate energy-saving business opportunities, research institute LEDinside said that with the ban of incandescent bulbs, LED bulbs below 10W have emerged, and major lighting manufacturers have cut prices to grab Attack nearly 20 billion incandescent bulbs every year.
However, due to the difference in electricity tariffs and usage habits in various countries, the penetration rate of LED lighting in various countries will be greatly reduced. In Germany and Japan, where electricity costs are the highest, for example, although the retail price of LED bulbs is high, the savings in electricity bills and the extension of the use of Shouming will offset the problem of high retail prices, so consumers in these areas are LEDs. The acceptance of lighting is relatively high.
Especially in Japan, the Japanese government signed the Kyoto Protocol in 1997 with the goal of reducing nearly 300 million tons of carbon dioxide emissions by 2015 compared to 1990. The Japanese government has introduced a series of subsidy policies in order to catch up with the promise of the Kyoto Protocol. For example, enterprise users will be given a certain degree of subsidy if they use LED lighting. With the approach of 2012, the demand for LED bulbs to replace incandescent bulbs will emerge in large numbers.
The challenge of traditional fluorescent bulbs, the cost performance of LED bulbs needs to be improved
Although the incandescent bulbs have withdrawn from the market, there is a lot of room for LED bulbs to grow. But the big problem with LED lighting is to compete with traditional fluorescent bulbs. At this stage, whether it is luminous efficiency or retail price, LED bulbs are still difficult to challenge with traditional fluorescent bulbs. Therefore, in marketing, the main demands are on the issues of service life, electricity saving, and mercury.
Take the 7W LED bulb as an example. At the beginning of 2009, a 7W LED bulb cost nearly $15 to $20, and retail prices were mostly above $50. However, with the reduction in LED costs, the current cost of 7W LED bulbs has dropped to around $12. Retail prices are also pushing down to around $30. As the cost of LED bulbs declines, the advantages of LED bulbs replacing incandescent bulbs become more apparent.
However, in competition with traditional fluorescent bulbs, LED bulbs still have room for improvement in price/performance. At present, the retail price difference between LED bulbs and fluorescent bulbs of the same brightness has been reduced from 20 times in early 2009 to about 12 times. In the future, with the advancement of technology, whether it is the improvement of LED luminous efficiency, or the price reduction of power supply related components. The cost of LED bulbs has a chance to decline further. According to DOE's plan, the cost of LED lighting will have a chance to approach traditional fluorescent bulbs by 2015.
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