2014 LED lighting market will reach 90.89 billion yuan in China

China's semiconductor lighting from the network news, as the global LED lighting market continues rapid growth of LED policy and the Chinese government's strong support, is expected by 2014, China's LED lighting market will reach 90.89 billion yuan, the annual compound growth rate of 69.2%.

According to reports, LED semiconductor lighting is incandescent, fluorescent, energy saving lamps, the human way of lighting the fourth revolution. LED energy-saving, environmental protection, long life, rich colors and other characteristics, has been hailed as the 21st century, mankind's most promising artificial light. The data show that in 2010 the global LED lighting applications market of 40 billion U.S. dollars, up 40.4%, rapid growth; 2014, the global LED lighting applications is expected to reach 73.3%.