LED lighting still maintains high demand in the US market


American energy-saving lighting manufacturer PrecisionParagon recently released a survey report on the status quo of the lighting industry. More than 5,000 lighting industry professionals have been surveyed for this project.
More than half of the respondents believe that there was moderate or significant growth in the energy-efficient lighting market in 2013, compared with only 20.
The lighting companies interviewed said that in the past few years (mainly since 2010) their performance has achieved varying degrees of growth from 57 to 64.
63 of the lighting companies surveyed said that their 2013 revenues met or exceeded their expectations. And up to 82 respondents expect the lighting industry demand to continue to grow in 2014.
Although the sales of fluorescent lamps remained strong in 2013, respondents indicated that they have accounted for 37% of LED lighting products in 2013. And from 2011 to 2013, the annual growth of LED lighting products is about For 8.
In addition, respondents believe that by 2014, LED lighting installations will surpass fluorescent lamps for the first time and dominate the lighting market.
Based on the above survey, LED lighting will continue to maintain high demand in the future US market.

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