Taichang focuses on the mainland LED lighting market

According to statistical data from relevant market research institutions, this year, the LED lighting market has an output value of approximately US$2.6 billion (approximately RMB 16 billion), which is an increase of 18% compared with last year’s US$2.2 billion. With the deregulation of incandescent lamps, the mainland's supporting policies for the LED lighting industry have also been introduced.

With such growth rate and policy support, the LED market in mainland China has naturally warmed up significantly, and the development trend has become increasingly optimistic. This has also prompted LED manufacturers to start to seize the lighting market. While talking about manufacturers' efforts, Taiwan LED manufacturers have also begun to focus on the mainland market.

Prince Li Jian, general manager of Philips LumiLEDs Taiwan, said that the main growth momentum of LED lighting is still replacing the market, and the top three markets are estimated to be the United States, Japan, and China.

Wang Zijian also mentioned that the public electricity bill in the United States is relatively high, which also prompted the US local government to actively replace LED lighting products in order to achieve the purpose of energy saving and power saving. At present, the company with the highest street lamp market in the US is Cree, and Guanglin, which is owned by Guang Baoke, also has a certain market share. Japan, including the government and the public are actively promoting LED lighting, and Japan's own LED strength is enough, Taiwan factory to enter the difficulty is higher.

Prince Zhu believes that China actively promotes infrastructure construction. In addition to the LED street lamp market and the demand for engineering lighting, and the market in Taiwan is small, the mainland will be the main market for the future development of Taiwan plants, and there will be fewer problems in patents. Very close, there will be Taiwanese manufacturers value the mainland's LED lighting market.