LED application market scale exceeds 200 billion


Affected by factors such as market energy-saving renovation and the increase of listed companies, China's LED industry has accelerated the pace of integration this year. Recently, following the acquisition of NVC by Dehao Runda and the acquisition of Taiwan's Yuanyuan by Sanan Optoelectronics, the recent acquisition of Tongfang, which is listed in Hong Kong, is a representative of LED integration.
According to statistics, the mainland LED application market last year exceeded 200 billion yuan, of which indoor lighting accounted for nearly 30%. It is estimated that by 2015, the proportion of indoor lighting will further increase to more than 40%. According to the regulations, from October 1, 2014, the mainland will ban the import and sale of 60 watts and above of ordinary lighting incandescent lamps, indoor lighting will become one of the biggest drivers of the growth of the mainland LED application market, will continue to promote LED industry integration .

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