2011 global LED lighting market size of $1 billion 400 million

Affected by the trend of energy saving and environmental protection and consumer personalization, LED lighting applications come into the spotlight. According to China's Taiwan region "Industrial Technology Research Institute" IEK research pointed out that in 2007 the global LED lighting market is about $330 million, belong to the smaller niche market, but with the decreasing cost and improve the efficiency of LED, LED lighting commercialization will speed up the pace, estimated that by 2011 the global LED lighting market will grow to 1 billion 400 million dollars, including building lighting and commercial lighting will lead to become the main market. Currently on the market LED lighting product quality varies greatly, and the product itself in the heat, color, standards, business models and other aspects still have to be overcome.

Source: Chinese semiconductor lighting network