Taiwan LED street light potential business opportunity exceeds 40 billion Taiwan dollars


The Ministry of Economic Affairs of Taiwan officially announced the draft standard for LED street lamps in early December this year. The LED standard and demonstration projects of various counties and cities will also start to light up and light up the business opportunities of LED street lamps in Taiwan. Following the recent release of LED streetlights in Taipei County and Taichung City, Taipei City also planned three LED streetlight demonstration projects. LEDinside believes that although the budget for LED streetlights proposed by the Energy Bureau of the Ministry of Economic Affairs of Taiwan is only about 2-3 billion NT dollars, with the introduction of township local governments, the future consolidation benefits are considerable, and the initial estimated potential is as high as 400. - NT$50 billion.

LEDinside pointed out that in terms of road lighting specifications, one street lamp is needed every 25 meters. If all are replaced by LED street lights, there are about a few million LED street lights in Taiwan. The price of each LED street lamp is estimated to be about NT$1 to NT$1 million. Even if the LED lighting efficiency is improved in the future, the cost will be reduced. The overall potential market size is still NT$50 billion.

Although LED street lights still have technical problems such as cost, structure, luminous efficiency, and longevity, LEDinside emphasizes that the technological progress of the industry is continuous. In fact, LED manufacturers in Taiwan have also said that the technical problems of LED street lights will improve with the application surface as they start and change. The future includes the installation of LED street lights, the old-fashioned project, and even how the exterior design is combined with the surrounding landscape, and the quality of the product itself, which will be the joint efforts of manufacturers and government units.

The Ministry of Economic Affairs of Taiwan announced the draft standard for LED street lights in early December this year, summarizing the results of the operation of the academic and academic circles in the past two years, and combining China Electric, Jingdian, Lite-On, China Meng Optoelectronics, Qiqi Optoelectronics 7 manufacturers, such as Precision, Weiming, etc., form LED lighting standards and quality research and development alliance, and cooperate with Taipei City Government to build LED energy-saving lighting standard demonstration points, which are expected to be 228 Peace Park, Nanyang Street, Fuzhou Street, etc. 3 Locations for LED streetlight demonstration projects.

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