With the rapid decline in LED prices, the LED lighting products will be replaced. The number of global LED lighting products will reach 1.32 billion next year, with an annual growth of 68. The major manufacturers are actively deploying, and the US subsidiary Guangbao Electronics will return to Taiwan. In the three markets, Yiguang focuses on a number of certified lighting products, and Jingdian can benefit from the wave of LED lighting. The proportion of LED lighting in each factory has increased significantly.
The market-adjusting units have recently published the growth of LED lighting in the near future, mainly because of the continued growth of LED lighting market demand due to the support of government policies and the continuous decline in product prices.
Observing the LED lighting market, LEDinside pointed out that the government units in North America have gradually increased their support for LED lighting. The number of subsidies for lighting products, such as Energy Star, has increased rapidly, which has led to further reduction in the price of LED lighting products. US big companies such as Cree are optimistic about the development of LED lighting market in 2014, and expect sales growth of replacement lighting products to become the next business focus. It is estimated that LED lighting products in North America will grow by 72% next year. Light bulbs and tubes will be the mainstay, and LED lighting will grow by more than 60%.
Guanglin Group's Guanglin recently released the first self-owned brand of color-changing LED bulbs. With the warm appeal of home, LED lighting is the mainstay. Lite-On predicts that it will attack the market share of Taiwan 10 before the end of next year.
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