Optimistic about China's LED lighting market

　　With the global "ban white", for the elimination of incandescent vacancy caused by market,  industry insiders are optimistic about LED lighting.

　　LED lighting global market penetration is rapidly improving, 2014 LED lighting output value  will reach $ 17.8 billion, the overall number of LED lighting products shipped 1.32 billion,  compared with 2013 growth of 68%. In fact, "the outbreak of the first year," the concept of LED  industry has been proposed for several years. An industry analyst told reporters, in fact, in  recent years, LED lighting has been in a period of rapid development.

　　Data show that in 2009, China's semiconductor lighting market has reached 11.4 billion yuan,  while in 2013 the rapid development of more than 45 billion yuan, an annual growth rate of  industrial scale in more than 30%.

　　Related statistics show that from the three applications of LED - display, backlight and  lighting to the analysis, the current penetration rate of LED-backlit LCD TVs in 2013 has  reached more than 90%, the global LED backlight output has peaked, future growth was mainly  driven by lighting.

　　Meanwhile, the global lighting market gradually revealed "no white" effect, the price of LED  lighting products is growing at 15% to 20% annual rate of decline, the price difference between  the traditional lighting products gradually reduced, with a competitive advantage and general  lighting .