With the global "ban white", for the elimination of incandescent vacancy caused by the market, industry insiders are optimistic about LED lighting. According to the relevant institutions predict that in 2014 the global LED lighting output value will reach 35 billion - $ 40 billion. McKinsey predicts that, by 2020, global LED lighting products will account for 69 percent of GM sales in the lighting industry.

In fact, "the outbreak of the first year," the concept of the LED industry has been proposed for several years. Semiconductor Research Center of CCID Consulting analyst Han Yun-analysis, in fact, in recent years, LED lighting has been in a period of rapid development. Data show that in 2009, China's semiconductor lighting market has reached 11.4 billion yuan, while in 2013 the rapid development of more than 45 billion yuan, an annual growth rate of industrial-scale in more than 30%.

Han Yun analysis pointed out the three LED applications: display, backlight, and lighting to the analysis, the current penetration rate of LED-backlit LCD TVs in 2013 has reached more than 90%, the global LED backlight output value has reached its peak, the main driver of future growth from the lighting. led grow lights https://www.eneltec-led.com/products/led-grow-lights

It is reported that in 2015, the LED lighting penetration rate will reach 60% in 2018 to reach 80%. "LED lighting is currently usher in development opportunities, the futures market is still relatively optimistic." Han Yun said. Meanwhile, the global lighting market gradually revealed a "no white" effect, the price of LED lighting products is growing at a 15% to 20% annual rate of decline, the price difference between the traditional lighting products gradually reduced, with a competitive advantage and general lighting. best led headlights http://bestledheadlight.com/