【Home Secret News】On April 7, House Secretary learned from TrendForce Jibang Consulting that the demand for high-specification LED products in the lighting market will enter the climbing stage, and it is estimated that the output value of the lighting LED market in 2022 will have the opportunity to reach 8.11 billion US dollars (equivalent to about 51.6 billion yuan), an annual increase of 9.2%. Looking ahead, due to factors such as health lighting and smart lighting, it is expected to reach US$11.1 billion (equivalent to about 70.6 billion yuan) in 2026.
2021-2026 lighting LED market output value
TrendForce Jibang Consulting said that in the green and low carbon emission environment, in recent years, some countries have achieved net zero emissions through measures such as energy efficiency and low-carbon heating. In addition, because smart lighting can achieve timely energy saving, the market demand for LED lighting introduction and smart lighting upgrades is strong, further promoting the demand for led products with higher specifications, including high light efficiency, high color rendering and color saturation, low blue light human health lighting and smart lighting.
2020-2021 lighting LED manufacturers revenue ranking
From the perspective of the 2021 manufacturer revenue ranking, the revenue of many lighting LED manufacturers has shown growth. Specifically, MLS is still a leading manufacturer of lighting LEDs, ranking first in revenue, with annual revenue growth of up to 34% in 2021. It was followed by Samsung LEDs, Lumileds, Nichia and CREE LEDs.
In addition, ams OSRAM, Lumileds, CREE LED and SamsungLED mainly benefited from industrial, outdoor and plant lighting orders last year, with annual revenue growth of 26%, 18% and 8% respectively. In terms of price, TrendForce Jibang Consulting expects that the price of lighting LEDs will be more stable in the first half of 2022.