The compound growth rate of global LED lighting industry will reach 32% from 2010 to 2020

Date Announced: 23 Jan 2013

Taiwan LED lighting industry alliance expressed that, the compound growth rate of global LED lighting industry will reach 32% from 2010 to 2020. Commercial lighting will lead the charge and bring life to LED industry.

Although LED backlight will still be the main source of operation in 2013, enterprises have already layout LED lighting industry in advance due to high permeability. Companies such as Delta, Everlight, Lite, Edison and Chicony positively foresee that the total revenue from LED lighting industry will even be double in 2013. .

Director of ITRI Green Energy Institute, convenor of LED Lighting Industry Alliance, Tong Qianxiang said, "Started from street lights LED lighting applications will quickly entered into indoor general lighting in the future. It is estimated that half of the global lighting market in 2020 will come from LED lights, and commercial lighting will lead the charge.".

Kingsun Optoelectronic Co., Ltd Address: Hengjiangxia Administration Zone, Changping, Dongguan, Guangdong, China Tel: +86-769-83395678 ext 8096


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