On the one hand, it estimates that by 2020, the yearly revenue for LED lighting will be up to 65.8 billion US$ due to the great advantages of LED lighting and the global urbanization. However, according to the report from China Taiwan industry research center about economy and its development trend, LED market in the big China will be up to 6.9 billion US$ and it is foreseen to be 11.1 billion US$ by 2015, with an increasing rate of 20%.
Modern city lighting has been searching for a harmonious and comfortable environment for the residents to enjoy, which refers to the intensity of light, its colors, ways of illumination and so on. LED lighting can meet these requirements. Its brightness and temperature can be controlled and various lamps have been manufactured, which makes ‘lighting’ more meaningful.
The colorful Guangzhou TV and sightseeing tower is made up with over 6000 pieces of LED lighting equipments and nearly 330,000 pure LED particles, which can produce changeable colors. LED technology can greatly save the operation cost for this big nightscape project. Based on a rough calculation, this tower requires 500 Kilowatts of electricity per hour, which is less than 1000RMB, only half of the cost of the traditional lighting.