"LED has the potential to become the second photovoltaic industry" remarks once throughout the 2013 exhibition lighting raise a Babel of criticism of, the Guangzhou International Lighting Exhibition -- the world's largest, many people in the industry once again explicitly rejects this argument. Through this year's exhibition, the LED industry presents huge growth space, a wide range of applications, the market is extremely broad.
According to authoritative forecasts, by 2020 the global lighting market size will be more than 150 billion U.S. dollars, compared with $134 billion in 2010, an increase of $11.9%. Although the overall growth of the scale is not large, but the lighting product structure will change significantly. Among them, LED lighting market share will increase from $5 billion in 2010 to $75 billion. That is to say 10 years of expansion of 15 times. At the same time, the relevant data also show that the current global penetration of LED lighting is only 10%, to 2015 or late in 2020, penetration reached 50%.
Faced with such a broad market, LED lighting companies should not only stare at the scale expansion, but should practice internal strength, master the core technology, in order to occupy a larger market share. Although in recent years, LED lighting industry presents a blowout trend, but the Chinese enterprises in the core technology and patents are quite scarce, restricting the long-term development of the LED lighting industry. With the continuous expansion of the scale of the industry, many LED lighting companies have been aware of the problem of patent technology will become the lifeblood of the development of enterprises.
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