The federal government in 2002 launched the “national semiconductor lighting project”, and “energy law”, the enterprise can get a $50 million annual funding support, 10 years a total of $500 million in funding support. Congress on LED lighting project funding from $2003 in 3 million, rising to $2007 in 30 million, 2009 and 2010 funds continue to rebound. 2011 and 2011, according to the economic stimulus plan, the us congress for LED lighting research and development spending increased by $50 million and $37.8 million respectively, and makes the two years of total funds of nearly $140 million.
States are very high public spending on electricity, LED street lamp replacement is very necessary. Around to replace the LED street lamp will be more positive. Europe is limited by poor economic conditions, we haven’t really replace business opportunities fermentation, now is the LED companies to prepare the best time, once the economy improves, has been an accompanying huge replacement business opportunities, LED lights will have a broader market.
Europe and the United States LED street light permeability gradually increase
Compared to other parts of the global, European and American area of electricity is higher, and under the environment of electricity on the high side, the demand for street lamps energy-saving effect is also more urgent. Therefore, LED street light products in the local promotion will imperative, Europe and the United States of street lamp to replace the development of the market has faster speed, LED street lamp replacement also will be more quickly. Local governments will also be on the basis of energy conservation and emissions reduction, actively promote the popularity of LED public lighting products.