Recently, continued to hit the LED market has become a hot topic, from China and the global lighting market watch, LED development of increasingly popular, it may be thanks to the LED costs down much faster than other light sources.

"From 2011 to 2013 the global lighting market, the traditional incandescent, halogen market will shrink further." From the trend of the global market, the market share of LED lighting products is rapidly improving, wherein the LED market growth in China's speed is most evident.

Data show that is expected by 2020, the global lighting market will reach 100 billion euros (equivalent to about 767.22 billion yuan), which accounts for general lighting around € 83 billion (equivalent to approximately RMB 636.793 billion yuan). By then, 46% of the global lighting market in Asia, China will account for 50% of the lighting market in Asia.

"In the rapid development of the domestic market under the LED, LED penetration in the domestic market will further increase." Last year, LED lighting products in China had more than 810 million productions, domestic sales of about 400 million, LED lighting penetration rate of 8.9% of the domestic market. In contrast, Japan 2013 LED market penetration of about 19%. "China's LED market penetration will still have much room for improvement." led grow lights https://www.eneltec-led.com/products/led-grow-lights

For all kinds of data in the display LED market has become an increasingly popular phenomenon, mainly because of the cost of the rate of decline is other LED light source and can not be compared, "The cost of the next LED will continue to decline, so the market will still continue rapid growth. " best led headlights http://bestledheadlight.com/