Growth of LED lighting market drives the demand for LED chips


Posted January 18, 2022 by jojo123

In recent years, the annual growth rate of the LED lighting industry is at the rapid development of more than 30%.

 
In recent years, the annual growth rate of the LED lighting industry is at the rapid development of more than 30%. Especially in 2014, with the fully backward of traditional electric light source products, LED lighting penetration rate continues to improve in end-use applications. In February this year, six ministries jointly issued the "planning", the government has gradually promoted the use of mature technology, the energy-saving effect of LED lighting products. At the national advocate support green energy-efficient lighting and LED lighting to replace folk next tide, LED lighting industry to further accelerate the future prospects for the future. Ministry of Industry and Electronic Information Division Ding Wenwu recently predicted that domestic LED output next year will continue to maintain a 20% -30% growth. 2015 China LED general lighting demand will reach 10 billion US dollars, and 2020 China LED general lighting needs will reach 22 billion US dollars. LED Underwater Fishing Lights https://www.eneltec-led.com/led-marine-lights/led-underwater-fishing-lights.html

From the current point of view, the LED industry is a strategic emerging industry in China a few industries in the world, and hopefully from the country into a major industrial power industry. At present, China's annual output of LED lighting has reached 810 million, manufacturing and export volume ranking first in the world; the world's largest packaging factory in Guangdong, the largest LED chip factory in Taiwan; domestic chip import substitution ratio increased year by year, in 2013 amounted to 75%. led explosion proof lighting https://www.eneltec-led.com/products/led-explosion-proof-lights
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Last Updated January 18, 2022