News

新闻中心
Current Location:Home > News > Industry News

Industry News 行业动态

Current and Trend Analysis for High Power LED Market

In recent years, with rapid development, the worldwide high power LED market has already reached $12.399 million (about RMB 82.235 billion) in 2015, from $5.053 million (about RMB 33.514 billion) in 2008. And it’s expected to reach about RMB 85 billion in 2016.

High power LED is with rated operating current of LEDs. Ordinary LED power is generally 0.05W, current is 20mA, and high power LED 1W, 2W, or even dozens of Watts can be achieved, to hundreds of Ma operating current can be dozens of Ma. High power LED as the fourth generation light source, is small, safe low voltage electro-optical conversion efficiency, long service life, high response speed, energy saving, environmental protection and other excellent features.

In recent years, with rapid development, the worldwide high power LED market has already reached $12.399 million (about RMB 82.235 billion) in 2015, from $5.053 million (about RMB 33.514 billion) in 2008. And it’s expected to reach about RMB 85 billion in 2016. With rapid development, it’s expected to usher in a massive growth in some special lighting areas, and win a greater share in the general lighting in medium and long-terms, seeing a good prospect.

In the LED market, high power LED has a good future as it can not only be applied to traditional outdoor lighting, strong torch light market, but also gradually penetrating into the headlights, mobile phone flash and UV LED lamp etc. areas. Worldwide high power LED market escalates year by year, and ceramic packaging has irreplaceable advantages compared with PPA/PCT package. Ceramic substrates become a necessity for high power LED.

The high power LED obtains multiple advantages compared with traditional lighting, the kind street lamp has more long life up to 50,000 hours above; more energy-saving than high pressure sodium lights by saving 80% above; more green without lead mercury etc. pollution elements; More safe using, anti-knock; light is within visible range without UV and infrared radiation, without filament and glass shell etc. traditional problems. LED lights can also replace traditional lighting as can realize product compatibility and interchangeability, as well as normalization and standardization of modules. Also with low light attenuation of less than 5% a year, 10 years’ using can still achieve the road illumination requirements, while the traditional has already declined by over 30% in about a year.

Market, technology and cost are complementary and mutual influence. Technological progress generates new markets, while cost reductions contributed to the pace of technology penetration into emerging markets, the rising emerging markets put forward higher requirements to the technology and costs, it’s no exception to the LED industry. Since 2013, besides the traditional outdoor lighting market and strong flashlight market, the high-power ceramic package lighting source has gradually penetrated into the headlights, mobile phone flash and UV LED lamp etc. areas.

China LED package market is huge, with about RMB 18.5 billion in 2008, and had already grown into RMB 61.5 billion in 2015 and continues rising. Especially in recent years, it’s developing very fast, with an average annual growth rate of RMB 10 billion in 2014 and 2015.

It’s expected in the next few years, the high power LED applied areas like LED street lighting, automotive lighting, landscape lighting etc. will usher in a new round of development, which will drive its market share and further improve the prospects.