Benefiting from manufacturers' capacity expansion, LED price decline, environmental protection considerations and government subsidies, the demand for LED lighting is rapidly increasing; according to the NPD DisplaySearch Lighting Market Forecast Report (LED LighTIng Market and Forecast Report LED), the demand for LED lighting will increase to 33 million, doubling the 16 million in 2012 and will triple in 2016. NPD DisplaySearch expects that the demand for all LED lighting products such as spotlights, LED lamps, street lamps, LED bulbs and fluorescent tubes will reach 90 million in 2016, and the penetration rate will increase from only 5% in 2012 to 26%. The continuous growth of commercial lighting, the implementation of government subsidies, and consumer demand for energy-saving products are the main reasons for the increase in LED penetration rate. The fastest development is that LED lamps replace fluorescent lamps for commercial lighting and LED street lamps. And all kinds of new LED lamps. "Government subsidies and consumer demand for high-tech and efficient light sources have made LED a leading role in the lighting industry." She Qingwei, an analyst at NPD DisplaySearch, said: "As more and more consumers choose more efficient LED lights To replace traditional bulbs, the growth of LED demand in the next three years will be more significant. " LED lighting requirements for different applications from 2012 to 2016 (Source: NPD DisplaySearch) In terms of regional markets, Japan has been the largest LED lighting market since 2011; NPD DisplaySearch predicts that Japan ’s leading position will remain until 2016, with the main driving forces being LED bulbs, spotlights, fluorescent lamps and LED lamps. From 2012 to 2016, the growth of LED lighting in the Chinese market will be higher than other regions. Its government subsidies, such as the 12th Five-Year Plan, have driven the demand for LED street lights; North America and Europe have been applying LED lighting until 2016 Demand will also increase, especially for LED fluorescent tubes. Demand for LED lighting in various regional markets from 2012 to 2016 (unit: million) (Source: NPD DisplaySearch) LCD backlighting is currently the largest application of LEDs, but it is already saturated; NPD DisplaySearch estimates that by 2014, general lighting will surpass display backlighting as the largest application of LEDs. In addition, due to the excessive investment of MOCVD equipment by LED manufacturers and the excessive supply of LED chips, the competition has intensified, prices have fallen rapidly, and the penetration rate of LED lighting has increased, but the profits of manufacturers have decreased. According to NPD DisplaySearch, LED manufacturers have begun vertical integration, LED chip factories have integrated chips, phosphors, and control circuits; LED package factories have integrated optics, heat dissipation, and circuits to provide solutions that are more suitable for lighting customers. Technology integration, optical design, brand development and channel strategy are a few key factors for success in the lighting market. Spring Fingers,Shielding Case ShenZhen Antenk Electronics Co,Ltd , https://www.antenkelec.com
