Policy will accelerate the maturity of the LED lighting market

LED is a LightEmittingDiode (light emitting diode) abbreviation, belongs to a compound semiconductor element, has the advantages of high luminous efficiency, environmental protection, long life, small volume and so on, is solid-state lighting (SSL) of the main technical development route. Policy accelerate the LED lighting market mature: US President Obama came to power after the actively promote environmental protection and efficient energy policy, the ELectroniCast survey report that high brightness LED devices will be contrarian growth in the financial crisis, CREE company 08Q4 revenue grew 24%, of which commercial lighting in the field of rapid growth, the latest news shows Cree cooperation has been reached in the U.S. Department of defense, the The Pentagon LED lighting installation. China's Taiwan region officially launched the LED street lighting standard in December 2008; the Ministry of finance, the national development and Reform Commission last year jointly issued the "Interim Measures" efficient lighting products to promote financial subsidies to fund management, countries adopt indirect subsidies to promote efficient lighting products, the Ministry of science and technology 'ten city lights'LED street lamp demonstration program has also been proposed and implemented. LEDinside LED lighting market is expected in 2010 will reach $700 million.