According to the market research agency ,it is estimated that in 2012 the global LED lighting market size is of approximately $ 10.4 billion, representing a growth of 183% over 2011. Mainly due to the rapid decline in product prices (in 2012 average unit price of LED bulbs over 2011 has fallen by about 29%), driven by the growth in demand, especially high compatibility and low price, the more rapid development of LED lighting to replace the light source. With continued declined LED lighting prices , the number of scale rapid amplification of ITRI Industrial Economics and Knowledge Center Energy Research Team Leader the Lin Zhixun pointed out that the scale of the global LED lighting market to maintain 30% growth rate in 2013 should be period,in 2020 $ 65.8 billions for global LED lighting output point. Lin Zhixun said that the focus of future development of LED lighting market is still mainland China, Europe, the United States, but also must pay attention to the relevant standards, norms, and energy efficiency requirements, local protectionism and non-tariff trade barriers. Asia is the global LED lighting sales area as well as the largest LED lighting application area, in 2011 the market share of 40%. Mainly by government support, high economic growth, frequent construction activity pushed up. Among these are the Japanese market who is most positive to promote for LED lighting applications. In 2011 The scale LED replaced the lighting market size is $ 952 million, it is estimated that the market size of 2012 will be one million U.S. dollars.
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LED May Increase By 30% In 2013 And Be Up 65.8 Billions In 2