Significant growth in lower prices LED lighting market

2014 white LED quoted in mainstream products continued to decline, which ,36 -50 lumens bulb fell 6% ,120 -140 lumen bulb fell 3 percent , the price of LED lighting products have been very close with incandescent prices, close to the sweet spot.

Significant growth in lower prices LED lighting market

LED lighting is the 2014 industry growth of well-defined , mainly because of falling prices , market acceptance has matured very strong willingness to promote manufacturers , plus LED channel change speed, large-scale sales of LED lighting products provide a new increments.

Research agency expects the global market penetration of LED lighting products are being improved rapidly , in 2014 the output value of LED lighting products will reach $ 17.8 billion , the overall number of LED lighting products shipped 1.32 billion , compared with 2013 growth of 68% year on year .

LED technology in the industry has matured, together with the upstream vendors such as China continue to overweight Sanan Optoelectronics subsequent production capacity has a high probability event , have reached a tacit understanding of the upstream and downstream LED lighting will promote them smooth, which makes the LED industry remains positive correlation the company’s performance . Wang Fei said , but the effects of the late differentiation within the industry is also evident in the resources within the same industry chain will tilt to large enterprises , have the upper hand in the company’s future first-mover advantage will be very obvious.