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Asian LED markets glow bright

Posted: 26 Oct 2011 ?? ?Print Version ?Bookmark and Share

Keywords:LED market? lighting market? LED standard?

According to Digitimes Research, Asian LED markets will surge in the next five years. By 2015, the LED penetration rate for Japan will top 70 percent while South Korea will see LEDs account for more than a third of total lighting sales. China gave an optimistic forecast of 90 percent and 60 percent growth in 2014 and 2015, respectively.

As manufacturers become increasingly concerned about their presence in the LED lighting market, LED standards are playing an ever more important role. LED lighting standards not only provide a model for manufacturers to follow when creating products, but also ensure consumers' peace of mind with regard to issues such as safety and performance.

Asian LED market

Japan has a higher LED light bulb usage rate than other countries, but power shortages in the wake of the March 2011 Tohoku earthquake and tsunami have accelerated the pace of the country's switch to LED lighting. The government of South Korea has launched the LED Lighting 15/30 Popularization Plan that aims to make LEDs account for 30 percent of the total lighting market by 2015. China has a potentially enormous LED lighting market that is also poised for growth.

While China has a vast potential market, Taiwan has the world's second largest LED industry by value, as well as an advanced and constantly advancing level of LED technology. Taiwan-based firms therefore attach a great deal of importance to their presence in the China market. In recent years, China and Taiwan have also entered into discussions regarding the creation of joint standards for LED lighting.

LED standards in China and Taiwan have a great deal of overlap, with LED lighting products used in major public construction projects showing particularly strong similarities. Taiwan has made more rapid progress than China in terms of indoor LED lighting standards, and it is entirely possible that future standards for indoor LED lighting in China will adopt the specifications of the Taiwan standards. Such a move would be of great potential benefit for the establishment of shared standards for the two regions.





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