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Industry Analysis-The Future Prospects of the LED Market Can Be Expected

2019-06-28


The LED lighting industry refers to the manufacture of LED lighting products that emit white light on the basis of LED chip technology, combined with the knowledge and technology of multiple comprehensive disciplines such as optics, thermals, power supply, mechanics, electronics, efficacy management, and precision production. At present, it mainly includes three specific application fields: LED general lighting, LED industrial lighting, and LED landscape decorative lighting.

With the gradual improvement of technology, the application of LED lighting has become more and more extensive, and the industrial development has accelerated. By 2020, my country's semiconductor lighting key technologies will continue to break through, product quality will continue to improve, product structure will continue to optimize, the industry scale will steadily expand, and the industry will be concentrated. Gradually increase, form more than one LED lighting enterprise with sales exceeding 10 billion yuan, cultivate 1~2 international well-known brands, and about 10 domestic well-known brands.

With the advantages of long life, low energy consumption, small light source size, and relatively economical cost, the penetration rate of LED continues to increase. The LED market scale is rapidly expanding, and the LED market scale continues to increase. It is expected that the market scale will further increase in 2019, and the market prospect is broad.


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