LED continued unpopular: lower costs, the fastest growth in the Chinese market

Continuous hot LED market has become a hot topic recently, OSRAM semiconductor division senior technical manager Chen Wencheng said, from the lighting market China and global perspective, the development of LED has become increasingly popular, this may be due to the cost of LED fell faster than the other light source.

From 2011 to 2013, the global lighting market, the traditional incandescent lamp, halogen lamp market will continue to shrink. Chen Wencheng said that from the trend of the global market, the proportion of LED lighting products market is rapidly improving, which is the most obvious growth in China's LED market.

Data show that is expected in 2020, the global lighting market will reach 100 billion euros (equivalent to about RMB 767 billion 220 million yuan), which accounted for about 83 billion euros of general lighting (equivalent to about RMB 636 billion 793 million yuan). By then, 46% of the global lighting market in Asia, China's lighting market will account for about 50% of asia.

In the rapid development of the domestic LED market, LED penetration of the domestic market will further improve. Chen Wencheng said that last year, China's domestic LED lighting product output of more than 810 million, the domestic sales of about 400 million, LED lamp penetration of the domestic market reached 8.9%. In contrast, Japan's LED market penetration in 2013 was about 19%. China's LED market penetration will still have a lot of room for improvement. "

For all the data in the LED market has become increasingly popular phenomenon, according to Chen Wencheng said, this is mainly because the cost of LED is the other light source can drop speed ratio, then the cost of LED will continue to decline, so the market will continue rapid growth. "

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