Major countries in the world formulate policies to promote LED development

According to the latest statistics, the market size of high-brightness LED will grow from US$8.25 billion in 2010 to US$12.6 billion in 2011, and the annual growth rate will be as high as 53%. Among them, the number of LED lighting used will increase from 4.8 billion in 2010 to In 2011, 12.4 billion pieces were mainly due to the replacement of traditional incandescent lamps by LED bulbs in 2011.

Following the LED backlight TV, LED lighting will become an application product that drives the LED industry to grow at a high level.

Although the proportion of LED lighting in the total lighting market in 2010 is still not high, only 3.2% of the output value, but under the awareness of energy saving and carbon reduction, the world's major countries have set LED lighting policies and actively promote the development of LED lighting industry. According to Lin Feihui, analyst and project manager of DIGITIMESResearch, the global demand for LED bulbs will grow from 596 million in 2011 to 2.5 billion in 2013. In terms of street lamps, China, the United States and Europe have promoted demonstrations in major cities. According to the project, it is estimated that the LED street light will increase from 2.2 million in 2011 to 9.8 million in 2013, which will further increase the penetration rate of LED lighting in the next few years.

Under the influence of LED lighting policy promotion, LED luminous efficiency, and estimated LED lighting price to fall by 20~30% per year, Lin Fenhui estimates that LED demand for lighting will be from 2009 to 2013. The annual CAGR will reach 97.4%, which is higher than 62.6% of the large-size LCD LED backlight CAGR, and the LED lighting market will reach 15.4 billion US dollars in 2011. The penetration rate of the overall lighting market will exceed 10% for the first time, reaching 10.6%.

 

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