The LED industry will see explosive growth in the next three years. Yesterday, at the 2013 meeting of Chongqing LED Lighting Research and Development and Industry Alliance, Wu Changjiang, president of NVC Lighting Holding Co. , Ltd. , said. For the future of the LED industry, many industry participants believe that with the maturity of technology, the price of LED lighting products will become more and more down to earth, and the industry will usher in structural opportunities. For LED lighting enterprises, 2013 is both a year full of opportunities and a non-year. Under the homogeneous competition, many well-known LED lighting enterprises such as Shenzhen Yiguang and Qili Optoelectronics closed down; At the same time, the explosive market growth has made some LED lighting companies earn a lot of money. At present, LED technology is increasingly mature, and the life of LED lighting lamps is generally 20 thousand ~ After about 30 thousand hours, its price is gradually approaching that of traditional lighting products, and the acceptance degree of consumers is getting higher and higher. At present, the LED lighting industry has recovered obviously. Wang Shuxue, deputy general manager of Chongqing Tianyang Jineng Technology Co. , Ltd. , said that in order to cope with the explosive growth of the market, the company has invested 10 million yuan to purchase new equipment and will expand its production capacity by 200 in the coming year. Another well-known LED lighting manufacturer, Chongqing bangqiao Technology Co. , Ltd. , said that the company's sales in medical lighting increased significantly last year, and the company will make further efforts in medical lighting in the future. At present, there are more than 20 LED lighting enterprises with a certain scale in Chongqing, with an industry growth rate of 10 ~ 20, higher than the national average. Yesterday, Chen Weimin, deputy secretary general of the National LED Lighting Research and Development and Industry Alliance and secretary general of Chongqing LED Lighting Research and Development and Industry Alliance, introduced. The next three years will be the outbreak period of LED lighting, especially energy-saving replacement will be a big market. NVC Lighting President Wu Changjiang said at the annual meeting yesterday that NVC Lighting's LED sales in 2013 have exceeded 1 billion yuan. To 2015 NVC Lighting LED lighting products will accounted for the company sales total of 50.