LED lighting is the trend of the next generation of lighting products. With the characteristics of Long life, high light efficiency, low power consumption, so that the advantage of LED lighting is incomparable.with traditional lighting.In addition, LED industry is in accordance with the policy of energy saving and environmental protection, to create a "green carbon,which the policy  is propagandaed by various countries at present.As an emerging industry, LED has formed a complete industrial chain of the global layout.
 
First, global energy issues in focus, LED lighting market scale continues to grow

In 2011, the energy issue continues to be taken seriously, the LED lighting market grew rapidly. According to DIGITIMES Research, the latest data show that in 2011, high brightness LED the size of the market to grow from $8.25 billion in 2010 to $12.6 billion, the annual growth rate as high as 53%. By the world's major countries policies to promote, LED luminous efficiency significantly improve the whole design and a maturing, lighting lamps and lanterns and LED lighting price forecasts a year will be 20% ~ 30% to fall, the influence of such factors as LED lighting penetration is expected to continue to ascend. From the low power residential use replace type LED light source, the high power one complete set of commercial and industrial LED lighting equipment, all kinds of LED lighting applications demand is rising sharply. Expects 2015 global LED lighting market scale will reach $21.7 billion, and is expected to drive the power supplies sales in 2016 reached 2016 sets of size, output value of $10 billion.

Second, Asia LED the world's largest industry, Japanese, Korean, in market development

In 2010, Asia has become the main LED production base, Japan, South Korea, and China's overall market share reached 81.3%. Fastest growth in Asian countries, South Korea, development of LED industry, the year 2002 in 2009 to create the LED back light liquid crystal TV market, in order to ensure the grain sources, actively expanding production, to market share has been close to 10% in 2010. Japan with strong ability of quality and technology development, firmly in the global LED industry leadership, 2000-2005, more than 50% market share, in 2006 ~ 2010 because of the influence of Taiwan's economy of scale and low price strategy, combined with China and South Korea two countries dominate preempted market actively, its global market share fell to 41.5%. For China, Taiwan area from 2003 to 2006 of around 20% market share, after increased year by year, to 2010 already amounted to 25.3%; China continued to grow slightly in 2010, the market share is only 5%. Is expected in South Korea and China under the background of continued growth, Asia will remain in the global LED industry leading position. It is estimated that in 2012 the global high brightness LED market GDP annual growth rate of 13.4%, at $10.1 billion, Japan, South Korea, China Taiwan high brightness leds combined will amount to 61.3% of the total market. Only grasp the whole domain Asia LED industry development, can better grasp the global LED industry development.

Three, Europe high electricity price and special light culture, power take-off LED lighting industry

Europe as a whole lighting market is relatively mature, but its high price, and the light of the special culture, makes the commercial lighting and outdoor lighting construction situation of the application requirement of LED continues unabated. According to statistics, in 2011, now has $2.08 billion European LED lighting market, is expected to rise to $3.01 billion this year. At the same time, influenced by the European Union overall policy to ban incandescent bulbs, market growth is expected to rise sharply, Europe LED lighting industry in 2015 is expected to reach $10 billion, 2011 ~ 2015 compound annual growth rate is expected to reach 49%, will be under a fast growing mature after Japan LED lighting market.

European high electricity price policy and special light culture is an important factor prompted the rapid development of LED industry. High electricity prices for LED lighting popularity is good, with a can replace traditional 40-watt incandescent bulbs 7 w LED bulb lamp, for example, if some eight hours a day, and the EU - 27 electricity price calculation, a LED bulbs will be a month than traditional incandescent bulbs save $2 higher electricity use outdoor lighting and commercial lighting will be able to save more. The light of the European culture pays attention to building light environment, rather than simply emphasize the kinds of lamps and lanterns or brightness. In Lyon, France, for example, the government took some budget every year in construction, lighting and lighting lighting section, set up international city joint (LUCI), the lights and the urban culture fuses in together, both tourism and economic benefits.

Four, China LED industry boom, the low profit to create growth

Although the development of OEM mode squeezed the Chinese LED enterprises profit space, but domestic enterprises confidence in the industry in the future has not diminished. Data show that 1 to July, 2012, new investment in China's LED industry plan still total 125.6 billion yuan, more than 40% of the funds is in multiple industry investment, investment and even the whole industry chain. Notable is that the LED companies some of the LED industry investment has become an important part of the LED industry to obtain investment, this kind of project total investment project by a ratio of 45%, more than 65% of the total investment amount.

China's LED industry boom is closely related to the government's support. In march, China's national development and reform commission (NDRC) clear procurement will spend 40 billion yuan for the LED street lamps, and LED street light users to provide 30% of the subsidies. The local government also will respond, said since March 1, in guangdong province, the province all fiscal investment of the construction of the new development area planning, lighting engineering and use the LED in the field of public lighting. In addition, the favour of capital market for the LED market, venture capital and private equity investment in one of the most popular industry. Data show that in 2011 there were seven LED industry enterprises in a-share ipos, accumulative total financing amount of 3.625 billion yuan. In February this year, the securities and futures commission announced IPO application in trial enterprise list, there are at least nine is LED industry enterprises.

China's LED enterprises win in low profit growth. Data show that during the period of "11th five-year plan"