LED lighting is further driven by policy to promote market size
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As the world's most watched new generation of light source, LED is known as the most promising green lighting source in the 21st century due to its high brightness, low heat, long life, non-toxic, recyclable and other advantages. As the world's most watched new generation of light source, LED is known as the most promising green lighting source in the 21st century due to its high brightness, low heat, long life, non-toxic, recyclable and other advantages. China's LED industry started in the 1970s. After nearly 40 years of development, it has formed 7 national semiconductor lighting engineering industrialization bases in Shanghai, Dalian, Nanchang, Xiamen, Shenzhen, Yangzhou and Shijiazhuang. The products are widely used in landscape lighting. And in the field of general lighting, China has become the world's largest producer of lighting appliances and the second largest exporter of lighting appliances. Industry analysts pointed out that in the LED industry with the theme of environmental protection and energy conservation, LED lighting companies can be said to be flooding, a new technological breakthrough, lighting companies that invest in LED technology are springing up everywhere. According to statistics, the annual output value of China's LED industry has exceeded 140. Although there are many LED brands, there is a lack of leading companies. In 2010, LED lighting has begun to ferment. Compared with 2009, the market demand has increased greatly. Enterprises that do LED packaging and LED display screens have also entered the field of LED lighting. At present, the number of companies that only do LED packaging in the Chinese market is very small, and most of the packaging companies have begun to develop and produce LED lighting products. The enterprise boundaries in the field of LED applications have become increasingly blurred, and the LED product lines of various companies have become longer and longer. Although the technical level of LED products has been greatly improved compared with previous years, most companies occupy the market at a price, but at the expense of the quality of the products, and also lead to a gradual decline in product profit margins. However, many LED companies have begun to increase their R&D investment and move toward high-tech, high value-added, and intelligent products. In the packaging and application side, some products of individual companies can already compete with international LED manufacturers. "2014-2018 China LED Home Lighting Industry Market Research Report" shows that in 2012, the National Development and Reform Commission formulated a roadmap for eliminating low-efficiency lighting products (incandescent lamps), promoting high-efficiency energy-saving lighting products, and further promoting China's green lighting projects. The surface is an unprecedented technological change, and behind it is a huge business opportunity. LED energy-saving lamps are more energy-efficient than traditional incandescent lamps, 90 than fluorescent energy-saving lamps, and the entire lighting market is facing a new generation, and the traditional market will be thoroughly cleaned.