LED lighting output value expands in 2013

The output value of the LED lighting market will accelerate to expand in 2013. With the retail price of LED bulbs replacing 40-watt incandescent lamps reaching US $10, the industry is optimistic and expects the overall output value of the LED lighting market to rise significantly next year, the relevant supply chain manufacturers have the opportunity to touch the light. Although the price reduction of LED bulbs is conducive to the accelerated expansion of the market, it also shrinks the gross profit of relevant supply chain operators. Therefore, how to compete for more orders to expand and grow revenue, therefore, it has become the focus of the industry's urgent breakthrough. In the first half of 2012, the progress of LED street lamp bidding in mainland China was not as good as expected, mainly due to the undecided subsidy policy and the impact of the European debt crisis on demand, which hit Taiwan's LED lighting manufacturers, which were mainly exported. With the arrival of the mainland Chinese government's supplementary labeling case and the successful handover of the recent political succession, it is estimated that the business opportunity in the LED lighting market is expected to reach 4 billion yuan in 2013.