Currently , LED industry has entered a period of deep integration . With the official support of the implementation of government policies , as well as LED technology matures, the future value of LED lighting industry will usher in the explosive growth . According to global market research firm Trend Force Division ‘s green energy market report , the global market penetration of LED lighting is rapidly upgrading , 2014 LED lighting output value will reach $ 17.8 billion , the overall number of LED lighting products shipped 1.32 billion , compared to 2013 growth of 68%.
The industry believes that the global LED lighting products to replace the influx from the rapid decrease in the price , with the most obvious alternative source products , bulb and lamp are most welcomed by the market to replace the light source type , accounting for 2013 LED lighting products 38 % and 25 %. In addition , integrated LED lighting product types future demand will gradually rise , especially in conjunction with intelligent lighting applications products, it is expected that in 2014 the proportion of LED lighting products will be expected to increase year by year .
However, despite the LED industry has been rapid growth, but due to the lack of LED technology standards , excess capacity, enterprise -throat competition , many LED lighting products detect the presence of substandard results , but also allow consumers to talk about LED lights on the discoloration. Therefore, consumers in the purchase of LED lamps must pay attention to choose the regular company of LED products.