LED industry has undergone big changes. Based on the potential market demands, many companies have mushroomed all over the world in recent years. However, an oversupply comes after the large capacity expansion. What’s worse, due to credit crisis, LED development in European market has slowed down. And it also has influenced Asian LED manufacturers which rely on the external market. As a result, partial manufacturers have seen a slowing increase in their revenues.
Despite the troubles, governments still sustainably promote LED lighting. The latest market report published by LEDinside, a research division of TrendForce showed that LED outdoor lighting replacements will be popular worldwide from 2013 to 2015, with Asian countries including China, Japan, and Taiwan acting most aggressively. Promoted by the policy, the LED outdoor lighting market value will be up to 2,478 million USD in 2013, an annual growth over 46%.
In light of bright outlook in LED industry, LEDinside has invited global giants and domestic famous companies , as well as LEDinside professional analysis team, to share their viewpoints on the aspects of technology and market demand, respectively.
LEDforum 2013, organized by LEDinside ,CNLEDW and Guangzhou International Lighting Exhibition, will be held at the Chinese Export Commodities Fair Pazhou Complex, Area B, Room #8 on June 11, 2013.
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