The LED lighting market will account for a quarter of global in 2016

Thanks to the expansion of manufacturers capacity, LED prices, environmental considerations as well as government subsidies, LED lighting demand is improved rapidly. According to NPD DisplaySearch LED Lighting Market and Forecast Report noted that the demand for LED lighting will be increased to $ 33 million in 2013, which is doubled compared with the growth of $ 16 million in 2012, and will grow threefold in 2016.

The demand of LED flood light, LED tubs, LED street lamps, LED bulbs and fluorescent tubes and all other LED lighting products will reach 90 million in 2016, from 2012 only 5% penetration rate increased to 26%. What the main reason of  LED penetration rate is that commercial office lighting continues to grow, the implementation of government subsidies, as well as consumer demand for energy-efficient products， the fastest growing is that LED lamps instead of fluorescent tubes are used in commercial office lighting, LED street lights and all kinds of new LED lamps.

 Figure I 2013-2016，according to application demand for LED lighting 

"The government subsidies and consumer demand for high-tech and efficient light sources promote LED lighting industry to become the leading role." NPD DisplaySearch analyst She Qingwei said, "As more and more consumers choose more efficient LED light to replace the conventional bulbs, the LED will be more significant growth in demand next three years. "

Since 2011，Japan has been the largest LED lighting market, NPD Display Search forecasts Japan's leading position will be maintained until 2016, the main driving force is the LED bulbs, the LED flood lights, fluorescent and LED tubs; from 2012 to 2016, the market growth of LED lighting dynamics will be higher than other regions in China, the government subsidies, such as the 12th Five Year Plan has driven demand for LED street lights; the demand for LED lighting applications will increase in North America and Europe until 2016, especially for LED tube light.

Figure II ,2012-2016, according to region， the demand for LED lighting (Unit: million)

LCD backlight is currently the largest LED applications, but has shown a saturation. To 2014, general lighting will exceed the LED display backlight to become the first major application. In addition, because the LED manufacturers overinvest MOCVD equipment and LED chip is oversupplied, which resulting in increased competition and rapid price decline, meanwhile，the penetration rate of LED lighting increase, but the profits of manufacturer decrease. So, LED manufacturers began to vertically integrate, the LED chip factory has integrated chip, phosphor to control circuit; the LED packaging factory has integrated optics, cooling and lighting circuit in order to provide the more suitable solution for customers to use. The technology integration, optical design, brand development and channel strategy is several key factors to succeed in the lighting market.

The lead lighting continue to integrate and improve lighting technology and brand channel strategy and determined to adopt qualified LED chip and driver, shell, heat sinks and other LED materials to produce more mature and energy saving that is close to our environmental needs such as soft lighting, good heat dissipation, waterproof and dustproof, low-cost energy saving LED indoor and outdoor lighting, link www.lead-lighting.com for more excellent lighting.