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LED policies in Japan to see its meet the 2020 target

Time:2015-12-03 Views:2708 Compile:SUNPER

Over the recent years that have passed, many countries from all over the world have become concerned with the energy plus the environmental issues. Both of these two are closely related with the human survival. The low carbon economy has become a very famous global issue. The high reliability of the LED lightings, low energy consumption, low pollution, long lifespan as well as high quake resilience has made it to be an energy efficient and environmental product which is widely recognized. Due to the large market potentials and the positive industry outlook, many countries have launched industry development policies to enable rapid growth of the LED industry.

Above is also the reason as to why Japan has established LED policy in the country. The Japanese government is known for interfering with the economy through the flexible policies. The government has also applied this in the LED industry. Japan started promoting the semiconductor lighting technology since year 1998. This was as per its 21st Century Lighting Project. This is considered to be one of the earliest countries to initiate the LED industry policies.

The Lighting plan of Japan in 21st century is as follows.

Just after the Japanese government released its series of the related policies with quest to promote the LED lighting, the move made the Japanese market to be the first country to achieve a market penetration of 50 percent of the LEDs products. Other related statistics also revealed that the Japan’s LED market growth was 2.7 times in the year 2008 which resulted to 86.5 billion Japanese Yen which is equivalent to US $110 million as compared to year 2009.

The recent Japanese polices that have stimulated proliferation of the LEDs includes the following. Firstly, Japan became a signatory of the Minamata Convention on Mercury in year 2013. Before ratifying the convention, the Ministry of Environment in Japan submitted a proposal to the diet which asked banning of batteries plus fluorescent lights which had mercury in February 2015. This will become effective year 2016 once all the 50 countries will have ratified the convention. It is also expected to lead to newer business opportunities for the UV LED sector.

By year 2020, the lighting market of Japan is expected to have reached to 70 percent. It is also expected to cut the total energy consumption of the nation by 7 percent. This will be equivalent to bill reduction by US $8.4 billion. However, in order to achieve this target by the said date, the LED production costs should be reduced to a fifth of the current costs. This is the only way the target will be achieved unless they get other alternatives.

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