LED lighting there is a great market potential

China LED application products output value has more than 30 billion yuan, has become LED full color display, solar LED, landscape lighting and other applications of the world's largest producer and exporter. According to the professional advisory body StrategiesUnlimited predicted that in 2008 China's LED application market will reach 54 billion yuan. China LED display LED is the main application market, widely used in stations, banks, hospitals and other public places. China's LED display market demand in 2006 was 4.05 billion yuan, an increase of 25.1 over 2005. In 2007, the national LED display market size reached 7.2 billion yuan.

The Landscape lighting is the largest application of LED lighting market, the share of about 43%. As the LED lighting energy saving, alternative to traditional neon lights can save 60% to 70%, so the market share continues to expand. By the 2008 Beijing Olympic Games and the 2010 Shanghai World Expo to promote the Chinese LED landscape lighting in 2007 the market growth rate reached its peak. In addition, ultra-bright, high-power LED devices in China has been widely used in urban traffic lights. With the national urbanization process and the development of road construction, the new traffic junctions continue to increase, the traditional traffic lights are LED lights update. Is expected to domestic road traffic LED signal market will reach billions of dollars. In addition, highway lights, airport rail transport and other areas of the signal, such as identification class, there are also great market potential.

Some parts of China have begun to use LED lights to transform the test, once the time is ripe to the country to promote. Taiwan Optical Industry Technology Development Alliance is expected to global LED street lamp market size this year will reach 1.04 billion US dollars, the Chinese market for 560 million US dollars. China's street lamp industry statistics in recent years, the growth rate of more than 20%.