Analysis of LED industry future market development

According to a forecast of the United States show that, within 5 years of the global LED market will grow from $3 billion 200 million in 2004, increased to $5 billion 600 million in 2008. After 2006 high brightness LED especially high brightness LED (UHB - LED), the growth rate of sales is extremely alarming. HBLED to 2008 revenue is estimated to reach $2 billion 640 million, while the UHBLED is expected to account for the global LED market 22%. General lighting equipment will be the mainstream of the future is expected to reach $844 million in 2008. Is expected next year will be an important key to the development of LED. At present, the standard and indicator LED accounted for the bulk shipments though, but the future of HBLED and UHBLED will appear significant revenue. The report summary, is expected in the next 5 years, application of automobile signal lamp and backlight will account for 60% of the market volume. Super bright LED development speed of over 50%. Reported high brightness LED market in 2001 was $1 billion 200 million, about $1 billion 600 million market in 2002. Domestic LED industry is also in the stage of rapid development, more and more companies to invest in China LED. According to a preliminary understanding, the domestic engaged in LED industry, more than 400 units (excluding foreign), employing more than 50 thousand people, of which more than 5000 technical personnel. 2002 LED output of more than 15 billion, the output value of more than $8 billion; in 2003 LED output value of more than 10 billion yuan, output of about 20 billion, of which there are billions of ultra-high brightness LED. In recent years, the development speed of LED is more than 30%, of which the development rate of ultra high brightness LED is more than 50%. At LED lighting products, has a stable of three consumer groups: the first major consumer groups are engineering company, to provide lighting design and production of personalized engineering; second consumer groups are industrial enterprises, industrial development needs special LED, applied to the products; third is the domestic lighting brand, OEM processing. Of course, also includes the international lighting brand oem. LED industry is a sunrise industry, but there are many problems. One is the technical foundation is relatively poor, the lack of core competitiveness, and there is a gap between the international market; second, the lack of industry standards, LED lighting product quality inspection standard, market sales of the product quality is uneven, leaving hidden dangers of consumer rights; thirdly, conventional products, technology products have matured into a vicious price competition trend in, blindly reduce the cost on the basis of neglecting the research and development of new products, leading to the development of the whole industry is restricted. Future changes LED industry, will be with the technology to solve the bottleneck of high power LED products in the lighting industry, once popular, will replace the traditional light source, triggering a revolution in lighting industry. At the same time, with the growing development of the LED industry, the gradual increase in competition, LED industry reshuffle day will not be far away. From application of industrial division at LED, a high-end display, traffic lights, car lights, backlight; in the end is Home Furnishing lighting, outdoor lighting, solar energy products are low-end toys and other products. We choose the end of the lighting industry, mainly in the export market, for example, in the development of a floor lamp products there are many products: such as the square, sidewalks, underground parking, walls, ceilings, etc.. At present, a lot of companies choose some low-quality LED for LED lighting, which is very wrong, there are many engineering quality problems. Because the real meaning of LED is that it has a long life. Undeniable, LED has the advantages of other sources can not compare, but now the LED market is very competitive, LED enterprises are facing price competition situation, regardless of the quality of the phenomenon have occurred. LED manufacturing enterprises only pay attention to quality has the opportunity to remain invincible.