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Joint Peace Lighting Co., Limited

ADD:No.4, Lane9, Tongpai East,Tianan Park Bantian,Longgang District´╝îShenzhen China 518129.

Contact:Annie (Sales Director)

Mobile:86-13423745087

E-mail: annie@joinpeled.com

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Exhibition

Chinese LED Lighting Market Will Enter into a Popularization Stage

Chinese LED lighting market has been expanding significantly since 2012, and the market has been fully launched. First, under the support of the government, outdoor lighting got popularity. And indoor lighting will be imported this year, both indoor and outdoor LED lighting will spread quickly. However, large number of enterprises must realize the products differentiation at the same time.

Regarding the LED lighting market scale of China, Taiwan LED Inside company (global market research agencies, LED related research institute) said: "Chinese government implemented a series of policies and measures to stimulate the domestic demand of LED lighting in 2012, general LED lighting market in China has already started." As a result, the demand of Chinese LED lighting is expected to reach $10 billion in 2015. LED Inside predicted that as the economy continues to grow and LED higher penetration rate, by 2020, China's household LED lighting demand will reach $22 billion. E-commerce and spot sales models will be have a growth, and the percentage of sale in these two filed will constantly increase.

The government strengthens the subsidies in the LED lighting

We can see that the government is supporting the LED industry positively from the "semiconductor lighting energy saving industry planning" (hereinafter referred to as "planning") published on January 2013. The planning suggests that the national development and reform commission, ministry of science and technology, ministry of industry and information technology, ministry of finance, ministry of housing and urban-rural development, general administration of quality supervision, inspection and quarantine, and the six ministries will support the semiconductor lighting industry for the led semiconductor lighting energy-saving industry healthy and orderly development and promotion energy conservation and emissions reduction. In the 12th five-year plan, the government plans to make the production of LED lighting at an average annual 30% growth rate, by 2015 to 450 billion yuan (RMB 500 billion by 10% than the original forecast) through the subsidy policy. And it also plans to increase the production of high power LED lighting products to 180 billion yuan at the same time.