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Supported by the government, high economic growth, and frequent construction activities, the Asian region is currently the main sales area for LED lighting in the world and the largest application area for LED lighting. In 2011, the market share even reached 40.
Since 2010, Asia has become the main production base of LED. The overall market share of Japan, Korea and China has reached 81.3. Among Asian countries, South Korea has the fastest growth rate. In 2002, it invested in the development of LED industry and created LED in 2009. After the backlight LCD TV market, in order to ensure the source of the crystal, and actively expand production, by 2010 the market share has approached 10.
For Japan, which has strong quality and technology development capabilities, it has consistently maintained its leading position in the global LED industry. According to the data, the market share reached more than 50 in 2000-2005, and it was influenced by Taiwan's economies of scale and low price from 2006 to 2010. The impact of Canada and China and South Korea actively led to seize the market, its global market share fell to 41.5. In 2011, Japan's LED replacement lighting market reached 952 million US dollars, in 2012 the market size reached 1,203 million US dollars.
Compared with China, the market share in Taiwan from 2003 to 2006 has remained at around 20, and has increased year by year to 25.3 in 2010. Mainland China has continued to grow slightly, with a market share of only 5 in 2010. In 2013, in terms of LED lighting terminal products, the focus of outdoor lighting is on the development of LED street lamps. The biggest difference between this product and general consumer products is that the market size depends on the government budget. Although the standard specifications of mainland LED street lamps are being formulated, and the situation is still heard, it is estimated that the mainland LED street lamp market will exceed 1 million in 2013, with a total of 32 million, accounting for 32% of the global market. .
Industry players expect that Asia will remain the leader in the global LED industry in the context of continued growth in South Korea and China. With the support and promotion of LED lighting policies by various governments, the promotion and use of LED lighting products took the lead in the public lighting field, especially driving the rapid development of the LED street lamp market.
Analytical data, in 2009, the global LED street light installations were about 2.5 million ç›, and the penetration rate reached 1. In 2010, the global LED street lamps could reach 4.5 million ç› and the penetration rate reached 2. The report predicts that the global LED street lamp market will grow rapidly after 2010, with a compound growth rate of 97.75 from 2009 to 2013. By 2013, the global LED street lamp market has reached US$2.159 billion.
Under the influence of relevant policies, China's LED street lamp market will continue to grow. By 2013, China's LED street lamp market is expected to reach 8.663 billion yuan, accounting for about 50% of the global market, becoming the most important LED street lamp market in the world. one. Of course, only by grasping the overall development of the LED industry in Asia can we better grasp the global development of the LED industry.
In 2013, China's LED street lamp market reached 8.663 billion yuan.