For consumers, lighting is a very common concept for consumers, the only thing to do is wait for the decline in the price of cheap LED flashlight. With the introduction of national policy, as well as the cost of lighting products rapid decline in demand for LED lighting is expected to be rapid growth.
LED interior lighting growth is expected to reach 64% in 2012. According to statistics, the 2011 LED applications, the output value of 116 billion rmb, an increase of 22%. Industry application output growth slower than expected, mainly due to the excessive impact of rapidly falling prices. In addition, the unstable international economic factors affect the market of the European debt crisis, the U.S. trough economic growth in demand, are also important factors. However, as countries around the world to the introduction of the policy support for LED applications, combined with the LED application products and applications continue to mature, the LED application market in China will be rapid growth. 2012 China LED application output is expected to reach 150.4 billion rmb, the growth rate will reach 30%.
DisplaySearch expects LED lighting products will account for the entire lighting ratio to 9.6% 2014, when the LED chips for lighting will exceed the size of the backlight TV. Foster policies to promote domestic LED industry, the strong demand of the downstream LED lights and commercial lighting will continue to drive the domestic LED industry application output value of more than 25% growth.
By the chip technology upgrading and rapidly falling prices, LED lighting products are cost-effective rapid promotion. 2011 LED interior lighting products output rose 75 percent, the 2011 LED indoor lighting products prices fell 22 percent. LED lighting products, an alternative to traditional lighting products is accelerating. LED indoor lighting output in 2011 reached 18.6 billion rmb, an increase of 38%. Prediction, China LED gadgets output in 2012 will reach 30.6 billion rmb, an increase of 64%; in 2015 will reach 99.3 billion rmb, the next four years the compound annual growth rate of the indoor lighting production value will exceed 50% to 52%.
LED interior lighting growth is expected to reach 64% in 2012. According to statistics, the 2011 LED applications, the output value of 116 billion rmb, an increase of 22%. Industry application output growth slower than expected, mainly due to the excessive impact of rapidly falling prices. In addition, the unstable international economic factors affect the market of the European debt crisis, the U.S. trough economic growth in demand, are also important factors. However, as countries around the world to the introduction of the policy support for LED applications, combined with the LED application products and applications continue to mature, the LED application market in China will be rapid growth. 2012 China LED application output is expected to reach 150.4 billion rmb, the growth rate will reach 30%.
DisplaySearch expects LED lighting products will account for the entire lighting ratio to 9.6% 2014, when the LED chips for lighting will exceed the size of the backlight TV. Foster policies to promote domestic LED industry, the strong demand of the downstream LED lights and commercial lighting will continue to drive the domestic LED industry application output value of more than 25% growth.
By the chip technology upgrading and rapidly falling prices, LED lighting products are cost-effective rapid promotion. 2011 LED interior lighting products output rose 75 percent, the 2011 LED indoor lighting products prices fell 22 percent. LED lighting products, an alternative to traditional lighting products is accelerating. LED indoor lighting output in 2011 reached 18.6 billion rmb, an increase of 38%. Prediction, China LED gadgets output in 2012 will reach 30.6 billion rmb, an increase of 64%; in 2015 will reach 99.3 billion rmb, the next four years the compound annual growth rate of the indoor lighting production value will exceed 50% to 52%.
