The industry said that China's LED market regulation simulation exceeded 100 billion US dollars in 2015

Optoelectronic experts at home and abroad and representatives from the business community are optimistic about the market prospects for the renovation of China's lighting sources. Experts said that in the next few years, the market size of China's LED light source will exceed 100 billion US dollars.

The low market share is the development potential of the Chinese LED market. According to industry insiders, "If half of China's light bulbs are replaced by LEDs, the annual electricity consumption will be equivalent to the power generated by 2.5 Three Gorges power stations, which is close to 210 billion kWh." This means saving 105 million tons of raw coal per year and reducing emissions by 1400. Tens of tons of waste gas and dust are of great significance to China, which is pursuing green development.

The LED penetration rate in China is still not high, and the biggest problem is cost. At present, the cost of LED lighting fixtures is about 3-5 times that of ordinary light sources, and many Chinese people are difficult to change quickly in concept. However, the acceleration of global industry transfer to emerging countries and regions will also bring new development opportunities to China's LED industry.

With the continuous maturity of the foreign LED market and increasing competition in the industry, the global LED industry has seen a new trend of shifting from Europe and the United States to the Asia-Pacific region. The world's LED giants such as Cree and Osram have settled in China. While sharing China's huge market, they have also brought world-leading manufacturing technology and production technology.

In contrast, although China's local LED companies started late, they have grown stronger over the years and began to attack the high-end market.

Tsinghua Tongfang management said that if you want to develop in the long-term development of the LED lighting industry, there are only two ways: either have their own core technology, and then rise to the leading enterprises; or do some large enterprises to support, over time, lose competitiveness and then collapse or transform . Obviously, Tsinghua Tongfang chose the former, and this sense of competition has also been recognized by more and more Chinese companies. Mastering the core technology has become an industry consensus.

The industry believes that with the attraction and promotion of the market, the pace of LED technology will continue to accelerate, and the production cost will fall at an average annual rate of 30%, which will greatly shorten the cycle of replacing the traditional light fixture with LED light source.

China's new policies have also greatly benefited the LED industry. In August this year, the Ministry of Science and Technology of China released the “Twelfth Five-Year Plan” for semiconductor lighting. It is proposed that by 2015, the scale of China’s semiconductor lighting industry will reach 500 billion yuan, and its share in the general lighting market will reach 30%. From October this year onwards. China has banned the import and sale of incandescent lamps of 100 watts or more. By 2016, all incandescent lamps of 15 watts or more will be eliminated.

The industry expects that with the promotion of national policies, the decline of manufacturing costs and the continuous breakthrough of luminous efficiency, the demand for LED market in China will continue to expand, thus driving the rapid development of the industry. In the next few years, China's LED industry will explode. By 2015, China's LED market is expected to exceed the US$100 billion mark and will surpass the world's advanced level in the technology field.

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