The first quarter of 2014, China’s LED industry output value reached 74.68 billion CNY, an increase of 25.9%, the industry as a whole start to perform well.
According to Engineering LED data display: the first quarter of 2014, China’s LED industry output value reached 74.68 billion CNY, an increase of 25.9%, the industry as a whole start to perform well. Among them, particularly in the following aspects stand out:
The market share of LED lighting products continues to expand. Specific features:
First, the domestic emerging LED lighting business revenue in good condition. In the first quarter, the domestic LED lighting business revenue better.
Second, the penetration rate of LED lighting in the area of continuous improvement. According to the first quarter of 2014, data for 2012 has been less than 3% LED lighting penetration increased to 7%. As 2014 will accelerate the LED lighting to replace traditional lighting industry will enter a period of rapid growth.