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Chinese led manufacturers is looking to step into trillion markets
Dec,01,2017
Chinese led manufacturers is looking to step into trillion markets
The semiconductor-driven lighting revolution is under way over time. LED luminaires from Chinese led manufacturers lighten up millions of families instead of traditional incandescent bulbs. China has become the top manufacturer, consumption, and exporting nation for LED street lighting across the globe. According to the current 13th five-year national plan for semiconductor lighting industry, by 2020 china semiconductor lighting industry is looking to step into trillion markets.
Semiconductor lighting includes LED lighting and OLED lighting, featuring low electricity consumption, long life span and rich colors, etc. It is praised as “a technological revolution for lighting industry. In the couples few years, LED lighting achieved a rapid progress, which reasons covers technological innovation and national guidance. This pushed green transition for lighting industry.
Generally speaking, one LED bulb can last for 50,000hours, while incandescent bulb only about 1,000 hours. Quote a research from US Electric Power Research Institute as an example, a LED bulb keeps on for 10 hours per day, and the whole year will costs 30yuan, while 160yuan will be on pay bills by the end of the year. The reason is 90% energy of incandescent bulbs wastes for heat release instead of lighting. While, LED is on the contrary.
Lighting energy consumption accounts for 14% in national electricity consumption. It is a key step of green development to make use of lighting energy saving. With the support of technology development, LED lighting transition has been octuplet in last decade.
It is generally hold that now is the crucial transition time for china to walk into lighting superpower. Only innovation and change can embrace the future. It need to recognized that there have been long distance in technology innovation, employment with developed countries.
According to the 13th five-year national plan for semiconductor lighting industry, by 2020 semiconductor lighting will hikes a big step and upgrade the industrious structure, which draws out a clear blueprint for china semiconductor industry development.