The rapid decline in the cost of the LED market showing explosive growth
2014/12/01
November 26, in the semiconductor lighting industry exchanges meeting, continued to hit the LED market has become a hot topic. Osram Lighting Co., Ltd. Semiconductor Division Senior Technical Manager Chen Wencheng when making a speech at the meeting, said the Chinese and the global lighting market watch, LED development of increasingly popular, it may be thanks to the LED costs down much faster than other light sources."From 2011 to 2013 the global lighting market, the traditional incandescent, halogen market will shrink further." Chen Wencheng said at the meeting yesterday, the trend in the global market, the market share of LED lighting products is rapidly improving, LED market growth in China which is the most obvious.
Data show that is expected by 2020, the global lighting market will reach 100 billion euros, of which the general lighting accounts for about 83 billion euros. By then, 46% of the global lighting market in Asia, China will account for 50% of the lighting market in Asia.
"In the rapid development of the domestic market under the LED, LED penetration in the domestic market will further increase." Chen Wencheng said that last year Chinese domestic LED lighting products output over 810 million, domestic sales of about 400 million, LED lamps domestic market penetration reached 8.9%. In contrast, Japan 2013 LED market penetration of about 19%. "China's LED market penetration will still have much room for improvement."
For all kinds of data in the display LED market has become increasingly popular phenomenon, Chen Wencheng said that this was mainly due to the cost of the rate of decline is other LED light source and can not be compared, "The cost of the next LED will continue to decline, so the market will still continue fast growth. "
