Rapid growth in global demand for LED lighting

  In recent years, phase out incandescent lamps , coupled with a huge government subsidies for export of energy-saving lamps , LED lamps based industry companies, the market is a tremendous positive . After 30 years of development , China's LED industry has experienced buying the device, to buy chips, buy a wafer after the road has been achieved production of epitaxial wafers and chips , initially formed a relatively complete industrial chain, has become the world 's major purchase LED products ground. With the expanding global LED outreach , China's LED lighting exports will face unprecedented opportunities.

Rapid growth in global demand for LED lighting

  Our energy-saving lighting market has great potential . Currently, lighting accounts for about 12% of electricity consumption of the whole society , if at all incandescent replaced with energy efficient lighting products , saving 48 billion kwh a year .

  According to global market research firm estimates that in 2014 the output value of LED lighting market $ 35.3 billion , an increase of 47.8% compared with 2013 , 2014, LED lighting penetration rate will increase to 32.7% ; And, in the past in the LED lighting market , because prices are Higher reason , the civilian market penetration has been low , and as LED lighting technology to improve and change their prices continue to move to the sweet spot. In 2014 the global LED lighting demand will surge 60% , with the largest increase household lighting , next year will be greatly increased 9 percent, well above the 37% and 57% of industrial commercial , in which the most widely used light bulb and Lamp penetration rates of 20 % and 15% , a huge high-profile LED lighting market prospects civilian space .

  Due to vigorously promote environmental awareness and government , LED lighting rapid penetration in emerging markets such as Russia , India, Southeast Asia , Middle East, Africa and other countries or regions due to the high heat of infrastructure investment , the demand for LED lighting products showed a significant increase in trend , or will become in 2014 the global LED market is another bright spot.

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