Domestic LED lighting output value exceeded 300 billion yuan

  R & D and Industry Alliance Secretary-General of National Semiconductor Lighting Project on September 12 in Beijing, said China led lighting industry is developing rapidly in recent years, as technology advances drive down costs, the domestic price of led lighting products will be more civilians, is expected next year will usher in the domestic market high growth.

 Domestic LED lighting output value exceeded 300 billion yuan

  In recent years, despite the steady growth in domestic led lighting industry, but the market penetration of products is not high. State Lighting R & D and Industry Alliance Data show that in 2013, China led lighting products market penetration is only about 10%.

  China led lighting industry continued to grow in recent years, the industry over the past decade the average annual compound growth rate of 30-35%. The Alliance Data show that in 2013, China led lighting industry output value has exceeded 250 billion yuan, of which, led companies accounted for the largest downstream applications; expects domestic led lighting industry output value will exceed 300 billion yuan.

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