global market led lighting
According to market research SBI (SpecialistsinBusinessInformation) estimates, the global size of the market led lighting today with the OLED has more than 5 billion U.S. dollars, while the United States alone accounts for one billion U.S. dollars market value. This compared with 2007, a full growth of over 50%. SBI further estimates that in 2013 and led lighting the global OLED market will reach 14 billion U.S. dollars, while the United States up to three billion U.S. dollars of the size of the market.
Why is led with the OLED technology, the best potential for future growth can be one of the industries do? Because the current global efforts for the green energy industry, but also a lot more than ever before. This is thanks to first half of 2008 of oil, and other resources are constantly rising prices and global climate change had a tremendous impact on human beings.
Compared to traditional incandescent led the conversion of energy is also efficient. In general, led conversion efficiency of 80%, while only 20% of incandescent lamps. For example: use led to traffic signals than traffic signals using incandescent lamps, can be reduced to 92% of energy use.
The long term, the establishment of more of the led or the application of OLED market, then in many parts of the world will no longer need to build too many power plants, even if the global population, more and more demand for electricity and the higher the circumstances. Because it led with the OLED will be able to reduce the power consumption of each of them even users, so once led the higher light penetration, then the existing power plants is sufficient to meet demand.
However, SBI also warns that even led with the benefits of OLED are so many, but its cost reduction still takes time.
So, currently impeding the popularization led one of the keys with OLED is the cost. Once the rapid price declines, and perhaps led with the OLED market size will be larger and more popular.
Taiwan is now also actively led efforts to create the market. Energy Bureau Ministry of Economic Affairs Provision NT 2-300000000 yuan budget, led street light standards are established, led street light replacement program will start. According to LEDinside predicts that Taiwan led the overall market will have a size of 400-500 billion in business