LED lighting market penetration is expected to reach 9.6% in 2014

DisplaySearch pointed out that the 2010 LED lighting market penetration rate of 1.4%, 2014 is expected to reach 9.6%. Due to the government's introduction of incentives, such as the Chinese government's 12th Five-Year plan, and with the development of the commercial market, spotlights and LED lights are expected to have a higher penetration rate. In addition, the Japanese government to implement ECO-Point stimulus plan and strengthen national awareness of energy conservation, LED bulbs and fluorescent lamp demand has also increased sharply.