What is the trends for lamp solar street light?

       In 2017, the global LED market will pick up, lamp solar street light companies continue to expand production and actively transform. In 2018, global lamp solar street light production have an increase of 12.77% in one year. In the case of larger volume, there is still very good growth.According to the data, the penetration rate of domestic lamp solar street light increased to 42% in 2016, and the data shows that the penetration rate of global lamp solar street light in 2016 also reached 31.3%. The latest data estimates that the global LED lighting inventory penetration rate is about 39% in 2017 and is expected to reach 50% in 2019.

           In June 2017, the European Union banned halogen point sources and will ban other halogen lamps in September 2018, which will also promote the rapid development of European lamp solar street light products. The European lighting market is a mature market, but the market potential of commercial lighting, architectural lighting,lamp solar street light lighting or entertainment lighting continues to be visible. Major US manufacturers are actively deploying LED lighting business. LED commercial lighting ,industrial lighting and lamp solar street light lighting are developing rapidly, and they are beginning to develop into new application fields such as intelligent and optical communication. China is an important global lamp solar street light lighting production base.China companies producing more than 80% of the world"s LED lighting products. At present, due to the excessive number of enterprises in China"s lighting industry, the future trend is still mainly integrated. On the one hand, the merger and reorganization of the strong is becoming stronger, and on the other hand, a group of uncompetitive enterprises are eliminated. At present, the demand for construction, engineering lighting and lamp solar street light lighting is still good. So the trends for lamp solar street light is increasing and will keep to increased in the recently 5 years.