LED lighting market grows broadly

Yang Lanfang, deputy secretary-general of China Semiconductor Lighting Engineering R&D and Industry Alliance, pointed out recently that with the increasing investment from local governments, China's LED lighting industry will enter an explosive growth period in the next three years.

According to the "Twelfth Five-Year Plan" for the development of semiconductor lighting technology issued by China's Ministry of Science and Technology in August this year, by 2015, the scale of China's semiconductor lighting industry will reach 500 billion yuan, and the cost of LED lighting products will decrease to 1 in 2011. /5, the share in the general lighting market should reach 30%. In this regard, industry sources said that in the field of general lighting, LED lighting market in the next three years has about 10 times the growth space.

According to the latest research report of Orient Securities, the lighting sector policy continues, but implementation needs to be observed. Concentration of traditional Chinese holidays, enter the end of consumer products holiday season promotion season.