The Chinese LED lighting market will develop rapidly in the next few years

LED lighting is the first alternative to halogen lamps in China. At present, halogen lamps are mainly applied in store business facilities. If replaced with LED lighting lamps, there could be a large reduction in energy consumption and electricity fees.

It is expected that during 2010-2013, China’s LED market will see rapid development momentum. The street lamp LED market scale’s annual average compound growth rate will reach 38.8%, and the landscape lighting LED market scale’s annual average compound growth rate will reach 21.5%.