Gong Wen: In 2014, the LED lighting market will increase by 80% over the previous year.

At the 10th LED Show just concluded, Gong Wen, general manager of Jingtai Optoelectronics, a leading domestic packaging company, said that the LED lighting market will increase by 80% in 2014 compared with the previous year. It is believed that 2014 will be the year of the LED lighting market.

2013 is a year of warming up in the LED industry and a year of consumption. Experts believe that the LED industry will step out of overcapacity in 2014 and will restart equipment investment and expand production capacity. According to the quarterly forecast report of the International Semiconductor Equipment and Materials Organization, investment in LED wafer manufacturing equipment will rise by 17% to $1.2 billion next year after a continuous decline.

The rapid development of the LED lighting market, on the one hand, the technological advancement has led to lower prices of LED lighting products, thus promoting market acceptance; on the other hand, environmental pollution has become increasingly serious in recent years, LED lighting industry as a major energy-saving emission reduction project in China, after vigorous efforts After the promotion, the indoor lighting market opened up, and the application of LED backlight technology gradually became wider, and the actual market demand really went up.

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