Global LED industry development cycle is long, into the lighting application-driven era
LED downstream application market development led LED industry development, and other single market driven industry development is different from each LED technology will bring different market application development space, which makes the LED industry development cycle is long.
Up to now, the LED industry's main demand market pull force has gone through three stages of development, respectively, for the display and small-size backlight application stage, large-size backlight application stage, LED lighting application stage. From the global market, the LED backlighting market in 2014 is gradually saturated, the market share from 15% in 2013 dropped to 14%; LED display applications accounted for from 28% to 26%; LED general lighting application market share continued to increase , From 29% in 2013 to 34%. Lighting applications become a new wave of global LED application of high-speed growth.