LED Landscape Lighting sales growth 37.2% – R&M

Research and Markets has announced the addition of The Research of China’s LED Lighting Market 2007 to their offering.Under the global energy crisis and the growth awareness of environmental protection, semiconductor LED lighting has been considered by the world as a best measure to protect and save energy. In 2006, global LED lighting market realized 7 billion U.S. dollars, an annual growth more than 20 per cent. In the next five to ten years, the expectation of global semiconductors will make 50 billion to 100 billion U.S. dollars potentially.

Since 2004, the Chinese government has begun to implement the LED lighting project. There are five bases of LED lighting in Shenzhen, Shanghai, Nanchang, Dalian and Xiamen in China.

The growth of high-brightness LED (HB-LED) is faster than the LED. There were 50% growth of high-brightness LED devices in 2005 and 2006, but, the same period, the growth of the LED was 20% and 26.7%respectively. China’s companies produced 25 billion high-brightness LED devices in 2006.

In terms of the upgrading technology and luminous efficiency, large-size LCD TV backlighting, automotive, commercial and industrial lighting are the major application fields of LED lighting. From 2006 to 2010, LED display with a compound annual sales growth of 19.2 percent, landscape lighting of 37.2% and LCD backlight of 31.5 percent.

SOURCE:: RESEARCH & MARKETS PRESS RELEASE  

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