2013LED civilian market or open

According to LEDinside, an LED research institution, LED global output value in 2013 will grow by 12% compared to 2012, reaching 12.4 billion U.S. dollars, due to the increase in demand for handheld terminals and LED lighting products. Although the situation of LED oversupply is still difficult to reverse during the year, LED companies will seek strategic alliances to ensure orders and improve profitability.

In 2012, the development of the LED industry was unsatisfactory, the market shrank, sales fell, sales decreased, and product prices dropped rapidly. Most small and medium-sized enterprises and even some large-scale enterprises collapsed due to their inability to sustain losses. The remaining companies are Struggling with difficulties.

LEDinside predicts that by 2013, the demand for LED lighting products will grow rapidly and will be gradually pushed to civilian use. Before that, no matter whether it was miner's lamp, street lamp, commercial lighting, or decorative lamp, the procurement subjects were government or enterprises. The popularization rate of ordinary people was not high, but with the constant promotion of LED lighting product technology, the price has continued to decline. LED lighting is expected to usher in civilian use in 2013.

In 2012, the LED industry has undergone a major reshuffle, leaving behind companies with certain qualifications and relatively sound market channels. As the economy recovers and the overall manufacturing industry picks up, these companies will play an even more important role in 2013. The role of this will drive the entire industry back to life.