An industry sector is the highest growth rate during the penetration rate from 15 percent to 60 percent of the stage. Now, LED lighting in the early stage of the outbreak period, will be completed next 2-3 years from 15% to 60% penetration, and then followed by 1-2 years to complete 60% to 80% penetration. This is similar to the penetration of smart phones, has grown rapidly over the past two years, has now reached 60% penetration. LED lighting industry has reached two years ago, the state of intelligent machines.
Compared with introduction period of previous years, in 2011 LED lighting growth has slowed, mainly because 2011 LED prices drop avalanche occurred, the beginning of the current price of only 11 to 30%. Overall shipments have doubled in growth, but output growth of around 40-50%.
2012 LED overall market size grew 26 percent, but the LED general lighting would increase 40%.
In next two years, LED lighting demand will remain around 100% annual growth, but by the impact of lower prices, output growth will be lower than the demand.