The general lighting became the largest applications of LED packaging in 2012, the growth trend of LED technologies will continue to 2018. In addition to lighting, the other LED application market is also developing rapidly.
LED packaging market will reach $ 16 billion in 2018
The packaged LED market is $ 13.9 billion now, the growth rate slow in the next five years and will peak in 2018 – $ 16 billion. At the same time, the share of lighting applications will continue to grow – from 45% to 65%. Nevertheless, the displays still share a pretty large market of the overall market. At present, LED technology is used for many products, the growth of OLED market will enable that the market is facing price pressure, and the share began to decline from 2013/2014. Price declines in the general lighting increases the market demand, the difference is that the display field is due to overcapacity in the resulting in lower prices and market downturn.
Continued growth of the LED market will reach $ 16 billion by 2018
There are three main factors that will determine the deepening development of industry and market: the costs must be further reduced so that the market further develop; the consolidation of LED industry and the lighting industry has just begun; new substrate technology may change the game rules of the industry. Despite the Sapphire and silicon carbide still is the main substrate epitaxial growth of GaN, but many research institutions are working to develop better technologies. For example, silicon nitride can make the LED production turn to 8-inch wafers，which can be processed on cheap and highly automated CMOS and ultimately significantly reduce costs. However, before that, many problems also need to be overcome. As far as the silicon GaN LED is concerned, the production yield is still too low, but can not achieve full compatibility with CMOS processing. The obstacles that silicon GaN is similar to substrate homogeneity (GaN-on-GaN) is: this technology is still facing with the problem of high costs and lack of gallium nitride substrate supply.
With the global acceleration of urbanization, the occupancy ratio of energy consumption of urban public lighting and home lighting upward year by year , as the major industry of the LED package -LED lighting because of adopting the semiconductor light-emitting diode lighting as the lighting principles is famous for excellent energy saving features, which is the third-generation of high-tech lighting that is more desirable than other fluorescent lamps commonly used , coupled with the global warming and countries have abolished incandescent light，moreover the CFL with low energy efficiency contain mercury and cadmium and other heavy metals polluting the atmospheric and fatal to the human, the semiconductor LED lighting is from the LED package to the fore, it is currently popular in commercial lighting and industrial lighting and other lighting industry.
Nowadays，the LED flood lights and LED tube light are the most widely used as the representatives of the decorative lighting and the home lighting in daily life，the LED tube light enjoys a great popularity in our corridor, restaurants, shopping, leisure and entertainment, galleries, exhibition halls and other indoor environments everywhere, the LED flood lights is mainly used in city squares, parks, stadiums, the facades of large commercial buildings and hotel, stage, waiting rooms, airports etc. where the higher brightness is needed to illuminate,meanwhile，there are a large number of factories engaging in developing and producing the LED light，Lead Lighting is just one of them，which adopts high brightness SMD as the light source of the LED tube and highly integrated and high brightness COB as the light source of the LED flood lights so that fully guaranteed stable and soft light of the LED tube light and octahedron breadth and brightness irradiation range of the LED flood lights, while low voltage constant current driver ensure the AC can be converted into the DC to improve energy efficiency of the LED tube light and LED flood light and reduce the waste heat energy and stroboscopic effect exciting the human eye, the most important is that the LED lighting without adding mercury and other heavy metals harmful to our body and pollution the environment, that’s why the LED light is Known as energy-saving and environmental protection. Browsing http://www.lead-lighting.com to know more awesome LED tube lights and other LED lighting.