LEDs are commonly used in indoor and outdoor lighting based on application. LED lighting solutions particularly rise in indoor application because LED lights generate light with a diode rather than a fuel source, thus costing less to run and requiring less power. LEDs are also increasingly common in walkways, street lights, parking garage lighting, another outdoor area lighting, refrigerated modular lighting, case lighting, and task lighting.
Two weeks ago, Kofi had the opportunity to attend the Hong Kong International Lighting Fair, a lively event that, together with two other significant co-located events, attracted over 66,000 attendees from 160 countries and regions, as well as nearly 3,000 exhibitors. The fair was organized in collaboration between the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC). Sharing the venue with the Lighting Fair were the Hong Kong Electronics Fair and the debut InnoEx event, which focused on smart cities and digital business, collectively drawing the impressive number of participants.
Hong Kong International Lighting Fair is an international trade fair for lighting and the biggest event of its kind in Asia. Exhibitors from around the world showcase the very latest in lighting design and technology. Visitors can see new products as well as catch up on new ideas and trends.
Now is a good time to make the investment and switch to LED light panels as they are more reliable, easy to install and most important a much lower energy consumption. As well as, panel lights have become one of the most popular choices for creating decorative lighting.
LEDs offer numerous advantages over conventional lighting products such as longer shelf life; higher efficiency; environment friendly; controllable; emits no radiation; and uses lower power. LEDs are highly energy efficient and consume significantly less power compared to incandescent bulbs.
The streets and roads application segment are likely to dominate the outdoor LED lighting market from 2022 to 2027 According to market estimates, the streets and roads segment is expected to account for the largest market share throughout the forecast period due to rapid urbanization and government efforts to reduce energy consumption by adopting LED lighting solutions. Streets and roadways are continuously illuminated; hence, there is a high requirement for energy.
