China LED Industry Value To Surpass US $147.59 Trillion by 2020

China’s optoelectronic power house is situated in its southern province Xiamen, which is known for its strong LED lighting industry, reported Xiamen Daily.

The province is China’s top manufacturer in LED chips and bulbs, with prospects of China's market value reaching RMB 100 billion milestone by 2020, said industry insiders at a LED forum that took place recently to discuss innovative LED technologies in Haixi region in China.

At the forum, visitors spoke about the current LED industry trends and innovations in the LED luminaire, lighting systems, and other innovative technologies. Transforming light sources, luminaires, and other innovative technology. Smart lighting technology, innovative applications, promotion of LED lighting, new business models and talks on other related subjects.

It is estimated by 2020, China’s LED lighting market value will soar to reach RMB 1 quadrillion (US $147.59 trillion), said Jun Ruan, Deputy Secretary-General of China Solid State Lighting Alliance.

In 2015, the entire Xiamen LED lighting industry supply chain value reached RMB 70 billion, and LED EPI-wafer manufacturing amounted to more than 60%. LED bulb exports from the province makes up about 30% of national exports in China. The province has been a top LED EPI-wafer and bulb exporter for consecutive years in China.

A new financial cooperation strategy between Haxi optoelectronic industry and financial institutes was established at the forum.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE