Why optimistic about LED lighting? Optimistic about the three reasons for LED lighting

Three reasons optimistic about LED lighting:

(1) in the past few years, the price of LED lighting products has decreased by 15-20% per year, and this year has reached economicviability (economic feasibility), while the luminous efficiency of LED lighting has improved.

(2) the market's support for the traditional lighting to LED products.

(3) the government on fabric bulbs restrictions, and develop industry standards.

At present, about 10% of the global population is no longer in use of incandescent bulbs, and about 24% of the population in 2016 before gradually turn to use LED lighting in these areas, including the United States, Canada and Malaysia.

Estimated LED in general lighting penetration will increase to 37% in 2015, the annual output value of up to $34 billion 300 million, an annual compound growth rate of 40%.

Market capacity expansion has slowed down, the price environment favorable gross profit margin expansion.

General lighting needs to take off, the estimated LED in general lighting penetration will rise from 21% this year to 2015 of 37%, the estimated output value of up to $34 billion 300 million in 2015, the compound annual growth rate of up to 40%. The government and enterprises to change the attitude of the LED lighting, also let the strong momentum of industry.

As for the backlight market demand this year to reach the peak, annual growth in revenue could be flat next year, the annual reduction of 5% has been saturated in the TV and display backlight. Although the 4K2K panel theme on the LED backlight is positive, but still a niche market recently, is still unable to reverse the situation of the backlight market saturation.