Price of LED lights has decreased compared with the previous

LED lighting is considered the prospect of unlimited sunrise industry supported by the state, but the blind expansion of production capacity also makes the industry into a short winter. Guangzhou International Lighting Exhibition, industry experts said, because the previous two years LED large-scale high-priced and can not enter the home market, nearly two years of overcapacity and price competition was to make it become a way of lighting that can be acceptable to consumers.


Released in February this year, "semiconductor lighting industry, energy conservation plan" that in 2020 the global lighting market will more than 150 billion U.S. dollars, LED lighting market is expected to reach 75 billion U.S. dollars, accounting for 50% of the global lighting market. Which, LED lighting market share and approximately $ 5 billion in 2010 compared to 15-fold expansion. In addition, Taiwan's Topology data indicate that the current global LED lighting penetration rate of only 10%, to 2015 or at the latest in 2020, a penetration rate of 50%. The industry generally believe that the next 5-8 years, LED lighting industry will usher in a period of prosperity.

As the industry technology continuously improve and prices drop rapidly, LED lighting products in the commercial aspects of the expansion can be obtained quickly.

Ruifeng power chairman Gong Weibin had an interview with reporters that now the whole industry broke the momentum is very obvious, "the price of ten dollars terminal market has, in fact, with the traditional light source has no essential difference, and this thing has a better optimization space. "