In 2009, in response to the global economic downturn, the Chinese government promoted the public project to revitalize the economy, and the LED street lamp investment plan is in line with its needs. The Ministry of Science and Technology is expected to promote the “Ten Cities and Ten Thousand Miles” LED streetlight deployment plan in 2009, and also attracts 21 provinces and cities including Beijing, Shanghai, Shenzhen, Wuhan, Heilongjiang and Hebei.
Economic development and government public investment promote the growth of the global street lamp market The size of a national street lamp market is related to the length and type of local roads and the living standards of the people. In theory, the longer the road, the wider the road, and the higher the ratio of important roads (such as highways), the number of street lamps will increase. However, the demand for street lamps and the number of actual installations will be affected by the national standard of living. The higher the national standard of living, the higher the demand for road use frequency and road safety, and the greater the number of street lighting devices. For example, in 2005, the length of the Belgian road was 170,000 km, the number of street lamps was 1.75 million baht, and the length of the Polish road was 2.6 times that of Belgium, reaching 450,000 km, but the number of street lamps was only about 2 million baht, only 12.5% higher than Belgium. .
According to the IEA (International Energy Agency) survey data, in 2005, global street lamps (including street lights) consumed a total of 114 TWh (Terawatt-hours = 1 watt-hour × 10) of energy, which estimated the global street lamp market to reach 130 million baht. With the global economic growth, the global street lamp market will show a year-on-year growth trend. It is estimated that the global street lamp market will reach 1.6 to 180 million baht in 2010.
In 2009, China's LED street lamp market was about 80-100 million. China is basically a country with energy shortage. With the economic development, the energy supply problem is even better. In October 2008, the Chinese government launched the “Regulations on Energy Conservation in Public Institutions”, requiring government agencies at all levels to incorporate energy-saving products and equipment into the government's centralized procurement catalogue and strictly monitor energy consumption. At the same time, it also promulgated the "Civil Building Energy Conservation Regulations" stipulates that the construction unit should select suitable renewable energy sources for heating, cooling, lighting and hot water supply. It is precisely because of the implementation of these two regulations that it provides the source of legal basis for local governments to purchase LED and other related energy-saving products.
In 2009, in response to the global economic downturn and the promotion of public projects to revitalize the economy, China's LED street lamp investment plan is in line with its needs. Taking Guangdong as an example, this year, Guangdong Province began to implement the “Ten Thousand Miles” high-power LED street lamp industrialization demonstration and promotion project, which is about 1,500 kilometers in Guangzhou, Dongguan, Foshan, Zhongshan, Zhaoqing and Shantou. The demonstration and promotion project of LED street lights with a scale of about 100,000 baht. The Ministry of Science and Technology is expected to promote the “Ten Cities and Ten Thousand Miles” LED street lamp setting plan in 2009, and also attracts 21 provinces and cities including Beijing, Shanghai, Shenzhen, Wuhan, Heilongjiang and Hebei. Due to China's unique planned economy, the central government's leading plan will lead the local government's governance direction. In 2009, China's LED street light market will take off, and the market size is expected to be around 800,000.
The summary street light is basically a public project, and government investment is a key factor driving market development. However, if there is no added value or social benefit for any product, it is quite difficult to form a sound market by government investment alone. That is, the government may let the market surge in the evening, or it may disappear overnight, especially in China. In a country with a high policy enforcement power, the market is more uncertain.
Recently, China's relevant government standards and plans have been proposed, so that most manufacturers are more optimistic about the size of the domestic LED street lamp market. However, in fact, many construction or government standards have a significant gap between the scale of implementation and the scale of the plan.
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