Japan's " Financial News " reported that Yano Economic Research Institute released a report in September " 2013 survey results on the lighting market ," pointed out last year, a substantial LED market growth and energy demand continues to maintain a high level this year, in the LED market, the high-speed growth , driven by the estimated size of the market for general lighting products will also continue to rise .
The main selling point of LED lighting , is saving more than 40% compared to fluorescent lights , and lasts for more than forty thousand hours , down conversion can be used for more than 10 years . In very high energy-conscious Japan, the popularity of LED lights come sooner than other countries in electronics stores can also see a variety of related merchandise display rack.
In contrast, China 's LED lighting market has just started to enter the popular stage , this is considered to be "universal first year ." According to market research firm estimates that China's demand for LED lighting in 2015 could rise to one trillion yen ( about 60.8 billion CNY ) . The previous step in the Japanese LED lights popular Japanese manufacturers , taking advantage also want to seize this opportunity , eating Chinese market pie .
But with the increased involvement of the LED lighting business , competition is getting fierce. In order to let the market evolve into a pure price competition , individual companies are mustering their efforts with other brands strive to develop differentiated products . LED lamp starts lighting is no longer just a simple tool , but more than a sense of design or function ( such as the timing , discoloration ) and other value-added of an interior design.
Future LED lighting market is expected to continue to expand, and whether to introduce energy-saving and long life characteristics than the product , must be an important condition of each company to compete for market share .
