Global LED Technology Application Development

Assessment and Trend of Global LED Market Size

Global LED market size is $ 4.7 billion in 2004, to grow up to $ 6.9 billion in 2008, and an annual average growth rate is approximately 13%. The Olympic radium photoelectric CEO Dr. Huang Zhenchun pointed out that, in 2010, the global LED market will reach $ 50 billion, and China will be 60 billion RMB (about 7.5 billion U.S. dollars). High brightness LED market average annual growth rate will reach 20 percent in 2008, the two together accounted for two-thirds of the overall market share, the market size of the high brightness LED alone has more than $ 1.6 billion forecast. The high brightness LED G24 light bulb product development depends on the capacity of GaN-based core. The GaN chip capacity is mainly made in Taiwan and Japan, mainland China and South Korea, the rapid growth is production capacity, has also become an important production area. Large, mature development of technology in Europe and the United States and other developed countries, the global LED market basically a monopoly position in 2000. Relative to the world market, as the representative of the developing markets is still in its early stage of development, but its market potential and future prospects immeasurable.

Applications Distribution of Global LED Lighting

In 2004, based on the mobile phone application market (LCD backlit display) accounted for more than half of the high-brightness LED market, with the saturation of the mobile application market, the high brightness GU10 LED lights market growth rate will slow down, estimated growth rate is about 20%, the total market sales is about $ 4.7 billion. Emerging application markets such as general lighting, automotive headlights, large-screen LCD backlight, etc. will become the new power high-brightness LED market growth in 2008, driven in large-screen LCD backlight, LCD backlight still occupies 26% market share to 2008 high brightness LED market doubled. The LED market total sales will be over 66.9 billion U.S. dollars in 2018.

Future LED Market

Future landscape lighting and general lighting LED market growth rate is the fastest. The data shows that the landscape lighting LED market share increased from 2% in 2003 to 8% in 2008. General lighting LED sales in 2004 was $ 94 million, and it will grow to $ 875 million in 2010, an annual growth rate will reach 52.3%, LED lighting will occupy an important position of 12000000000-14000000000 U.S. dollars in the global lighting market. In a word, from the global perspective, the future potential of LED white light-based general lighting market is generally optimistic, and its growth rate is the highest.

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