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Light industry prospect

2015 has become the past, LED industry has experienced a very hard time. How will be the trend of 2016 LED industry? What kind of opportunity will all aspects of LED market will face?

Due to Future LED industry uncertain factors, the annual compound rate is difficult to exceed 10%.

Many uncertain factors still exist in China LED market, which includes the changes of government policy, the selling of OSRAM and PHILPS group will also affect too much to the LED industry.

LED industry haste low ebb ever since, Chinese manufacturers still continue to expand the scale of merger and acquisition

LED industry competition expands, manufacturers have turned to niche applications, while the car with LED is one of the few volume and price can maintain the blue ocean market. This year, the output value of the vehicle outside the LED market is expected to reach US $2.29 billion in 2020, , the compound growth rate will arrive up 8%.

With a further reduction of LED lighting products to enhance the performance and price, believe industry lighting will become the focus of the field of LED lighting .

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