Rapid decline in costs, LED market is exploding

On November 26th, at the semiconductor lighting industry exchange conference, the continued hot LED market became a hot topic. In a speech at the conference, Chen Wencheng, senior technical manager of the semiconductor division of Osram Lighting Co., said that from the lighting market in China and the world, LED development is becoming more and more popular, which may be due to the fact that LED cost is falling much faster than other light sources.

“From the global lighting market from 2011 to 2013, the traditional incandescent lamp and halogen lamp market will continue to shrink further.” Chen Wencheng said at the meeting yesterday that from the global market trend, the market share of LED lighting products is rapidly increasing. Among them, the LED market in China has the most obvious growth rate.

The data shows that by 2020, the global lighting market will reach 100 billion euros, of which general lighting accounts for about 83 billion euros. By then, 46% of the global lighting market will be in Asia, and China's lighting market will account for 50% of Asia.

"In the rapid development of the domestic LED market, the penetration rate of LED in the domestic market will be further improved." Chen Wencheng said that last year China's domestic LED lighting products output exceeded 810 million, domestic sales of about 400 million, LED lamps domestic market penetration rate Reached 8.9%. In contrast, Japan's LED market penetration rate in 2013 was about 19%. "China's LED market penetration will still have a lot of room for improvement."

For all kinds of data, the LED market is becoming more and more popular. Chen Wencheng said that this is mainly because the speed of LED cost reduction is incomparable to other light sources. "The cost of LED will continue to decline, so the whole market will continue to be fast. growth of."

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