Himfr.com Analyzes LED Market Development

BEIJING, May 25 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B
search platforms with more than 30 B2B industry websites to its name, analyzes
the development of the LED market in China.
Amid uncertainties of economic recovery in the half-half of 2009, consumer
demand was not strong, and demand of end-consumers for electronic products
also remained still weak. However, Himfr.com's analyst estimated that the LED
industry in 2009 would sustain a positive growth driven by the growth in LED
laptops market, as the penetration rate speeds up.
Facing uncertain market prospects, the analyst believes that LED industry,
which has energy-saving advantages, will become a core industry this year;
there is huge market potential for LED lamps, outdoor display screen and LED
backlight modules fields.
LED can achieve high-light conversion efficiency, and with less power
consumption, along with its small size, light weight, long life, non-mercury,
non-radiation environmental protection advantages, coupled with a wide range
of applications, including partial lighting, backlight panel, buildings
(landscape) lighting, traffic lighting, medical and light source, such as
agriculture, fisheries and animal husbandry equipment, it becomes a
manufacturers' favorite.
There is a vast market for LED street lamps in 2009, amounting to 2.5
million calixs, with an annual growth rate of 178%. However, for LED lighting
to officially enter the mainstream, the cost is the biggest obstacle.
Manufacturers need to lower the cost of LED lamps in the long run in order to
stay competitive.
The growing popularity of LED lighting has become an irreversible trend,
and LED manufacturers are starting to explore more features to develop niche
markets. Import is an obvious choice and the focus will turn gradually to the
general lighting applications market.
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Himfr.com, +86-10-6556-9770, or my@himfr.com