The cost is rapidly declining, China's LED market is exploding

On November 26th, the fourth-generation semiconductor lighting industry exchange conference hosted by Foshan Lighting and Lighting Association, the 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 market for traditional incandescent lamps and halogen lamps will continue to shrink. Chen Wencheng said at the meeting yesterday that from the trend of the global market, the market share of LED lighting products is rapidly increasing, and the growth rate of LED market in China is the most obvious. 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, the global 46 lighting market will be in Asia, and the Chinese lighting market will account for 50 in Asia. With the rapid development of the domestic LED market, the penetration rate of LED in the domestic market will further increase. 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 2013 LED market penetration rate is 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 unmatched by other light sources. Then the cost of LED will continue to decline, so the whole market will continue to be fast. increase. Yesterday's exchange meeting also held the four-year celebration of the establishment of Foshan Lighting Association. The ceremony released the key work of Foshan Lighting Association, in addition to mentioning that the association will cooperate with China Lighting Association, China Lighting Association, China Semiconductor Industry Association and provincial and municipal lighting associations to connect with national and provincial associations. In particular, next year, we will cooperate with enterprises to explore emerging markets and channels. Specifically, next year the association will focus on organizing companies to participate in a number of exhibitions, including international lighting exhibitions.

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