LED lighting has a bright future

The 2012 Photovoltaic Industry and Investment and Financing Cooperation Forum was held in Wuhan. The relevant person in charge of the National Quality Assurance Center for Optoelectronic Information Products and many experts in the field of optoelectronics are full of confidence in the development prospect of LED lighting.

According to the person in charge of the national quality inspection center for optoelectronic information products, the cost of LED lighting is about 3 to 5 times that of ordinary light sources, and the high cost has become a bottleneck in the development of LED lighting. However, with the advancement of technology, the cost of light sources and components is declining, and the market share of LED is also steadily increasing. In August this year, the Ministry of Science and Technology released the “Twelfth Five-Year Plan” for semiconductor lighting, and proposed that by 2015, the share of semiconductor lighting in the general lighting market should reach 30%. Since October, China has banned the import and sale of incandescent lamps of more than 100 watts. In the next few years, China's LED lighting market will usher in the peak of development. The market demand is expected to exceed 100 billion, and the market share will reach more than 30%.