LED niche market or drive another wave of demand

LED market in the field of lighting the fastest growing market capacity is also the largest. LEDinside estimates, in 2014 the overall LED lighting market output value of $35 billion 300 million, compared with growth of 47.8% in 2014, LED lighting penetration in 2013 will also be raised to 32.7%, of which bulb bulb and lamp penetration rate of up to 20% and 15%. Like a blue ocean.

But enterprises in the LED lighting applications market competition pressure is also the largest, international lighting manufacturers, traditional lighting and new LED lighting into the field of "layman"". LED lighting market can be described as a prosperity, brilliant. Manufacturers to seize the LED lighting market has been fierce competition.

There are also some companies began targeting the LED niche market, it is understood that LED is currently in the field of security equipment, automotive and communications and other new areas also shine.

In recent years, the lighting chiefs have entered the car LED market. In addition, LED in plant lighting, UV (Ultraviolet, UV) and medical fields also have a place.

The use of the new LED market is small, the investment is less, although is a niche market, but the margin is very high, Lunda are under development, thus unable to produce immediate contribution to revenue.

With the penetration of LED in the backlight field to reach 95% growth slowed down, the future only LED to support the overall lighting, so LED manufacturers are also actively developing new application, hoping to take advantage of the high margin, with the support of various niche markets, new application driven, another wave of demand for LED.

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