U.S. demand for lamps lighting market to grow at a rate of 3% per year

According to Freedonia, according to a new report shows that in the future the U.S. market demand for lighting would be more than 3% per year growth rate of 2012, the U.S. lighting market sales value will reach 21.6 billion.

2002-2007 years, U.S. demand for lamps is the annual average growth rate of 3%, but this period of growth was mainly due to price increases expected from 2007 to 2012, the demand for lamps will significantly increase. First, be optimistic about the prospects for the U.S. construction market, especially housing and LTC4068EDD-4.2 datasheet and transport infrastructure, which will greatly increase the demand for lamps; U.S. manufacturing market will increase the demand for lamps, it is because American car production will increase . From the national market, the demand for new lamps will be increasing, such as high intensity discharge lamps (HID) lamps and LTC4068EDD-4.2 price and light-emitting diode (LED), because these products than traditional incandescent lighting to more energy efficient.

Residential market growth prospects are good. 2002 to 2007, increased demand for lighting fixtures since 2001 thanks to a large number of houses built, with the saturation of demand for housing in 2005, and LTC4068EDD-4.2 suppliers and the mortgage market, credit crisis, housing completions dropped, leading to residential lighting lighting a corresponding decline in demand. In 2007 to 2012, the real estate market will pick up again, the demand for lighting would be greatly increased.

In the automotive market, expected demand for OEM lighting demand will be higher than in the past. 2007-2012 is expected to revive the U.S. auto industry, vehicle production will be re-climb record high; it also benefited from the advanced lighting in the car on a wide range of applications, including use of HID headlamps and LED light sources.

Energy-efficient light sources and lamps will share opportunities. By 2012, the fastest growing lighting products is expected to be advanced energy-efficient products. With rising energy costs and increasing environmental issues, corporate and home energy efficiency requirements of lighting will also be increasing. Therefore, the use of efficient light fixtures needs (such as fluorescent lamps, halogen lamps and HID lamps) will show a steady growth trend.