Wheat in 2011 China accounted for the first application of LED street lights

Wheat in 2011 China accounted for the first application of LED street lights

Discovery
Chinese LED market in 2011 from $ 4.7 billion last year rose to $ 5.8 billion, up 23%, LED has become a popular Chinese-made products, and is very attractive investment. In addition, the government's support of the industry seems to have an effect. Chinese LED market is expected next year will reach $ 6.9 billion in 2015 to reach $ 11.1 billion 2010-2015 compound annual growth rate of 17.7%.

Chinese LED market covering a variety of applications, including LED displays, traffic lights, car lights, LCD backlighting, keypad, digital camera flash, decorative lighting, street lights and general lighting.

LED street light will be the largest application areas, this year will reach $ 1.5 billion in 2012 to $ 1.8 billion. As the large-size LCD TVs and notebook computers using LED, LCD backlighting market will usher in strong growth in 2015 annual sales of $ 713 million from this year to grow to $ 1.8 billion.

Medium and long term, driving the growth of the LED industry is a new factor in the general lighting market. In view of reducing carbon emissions, global trends, the Chinese general demand for LED lighting will be very strong. LED's low power consumption, and environmental protection. IHS iSuppli's data show that the field of LED in general lighting shipments will account for 15.5% of the overall LED market.

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