LED lighting has four percent growth in China

According to McKinsey & Company reported that in 2012, China accounted for 45% of the lighting market in Asia, while the LED lighting account for 12% in the Chinese lighting market. According to McKinsey & Company predicted that from now until 2016, the compound annual growth rate will reach 43% in Chinese LED general lighting market.

China LED lighting market

The Dow Corning analysis, more advanced materials technology is a major factor driving this growth. Traditional materials promote the growth of low-power LED lighting market, and high-performance products, such as silicone materials help solid-state lighting products to cope increasingly demanding in the rapid developing Chinese general lighting market. Dow Corning Electronics Industry Solutions Division Vice President Eric Peters (Eric + Peeters) pointed out that "Chinese rapidly growing market increasingly demand on general lighting board chip package structure, which expand the actual performance of the traditional glass ring epoxy resin and plastic packaging materials to the limit. Currently, the industry's interest silicone materials is growing, including the constant pursuit of higher performance, and constantly improve the LED temperature performance, continuing to explore more design space, continue to cut costs. Peters said: "The needs of these emerging markets will not hinder that China develops a new generation LED lighting products, but in China, succeed in the highly fragmented and competitive market requires that designers, manufacturers and materials developers work closely together. "

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