According to the investigation of Beijing Guoxin Research Institute Information Center, in the LED application market in mainland China in 2008, the proportion of LED billboards was 31%, the proportion of LED lighting was 18%, the proportion of mobile phone applications was 16%, the indicator light was 14%, and the traffic light proportion was 10%. LCD backlights, automobiles, and other applications, the proportion is about 4% each. Including LED billboards, LED lighting, mobile phones and LCD backlights are the top 4 application markets, accounting for 80% of the total LED market in the mainland in 2008.
In terms of the largest LED billboards in the current market, the LED billboard market in mainland China reached 5.81 billion yuan in 2008, and is expected to grow to 6.7 billion yuan in 2009. Lin Zhixun said that the main government-led market, including major sports and exhibition activities, the mainland's economic development, and the mainland government's incentives for the development of advertising and news law, led to the demand for mainland LED billboards. At present, the main LED billboard manufacturers in the mainland include Shanghai Sansi, Liard, Luopu, Desai, Qingsong, Shenzhen BOE, etc., and now have the ability to compete with foreign companies.
LED lighting is currently the second largest application in the mainland LED industry. The market for LED lighting in mainland China last year reached 3.3 billion yuan, and it is estimated that it will grow to 3.9 billion yuan in 2009. Lin Zhixun said that architectural lighting is the most important application area, accounting for 61.7%, followed by commercial industrial lighting, accounting for 31.2%, including portable lighting, entertainment lighting, outdoor lighting, off-grid lighting, and safety emergency. Market demand for lighting, retail display lighting, residential lighting, etc., is still quite limited.
In terms of automotive LEDs, the mainland LED lamp market reached 650 million yuan last year. It was hit by the financial turmoil and is expected to grow to 700 million yuan in 2009. The mainland manufacturers currently investing include Chery, Geely, Brilliance (Golden Cup) and so on. Lin Zhixun believes that the mainland LED lamp market has great growth potential in the future.
Overall, Lin Zhixun pointed out that the overall size of the mainland LED market last year was 18.5 billion yuan, a slight decline from 2008. Mainly in addition to LED lighting and LED billboard application market to maintain growth, LED lamp market has only grown slightly, but including mobile phone applications, LED indicators and other application markets, the output value declines.
However, Lin Zhixun emphasized that the prospects of the mainland LED industry are still very bright, and the industry boom will accelerate the recovery in 2010. The main reason is that the LED lighting market has great growth potential, especially the urban landscape lighting, as well as the LED street light ten-city plan, is still the current focus. It is estimated that the output value of the mainland LED industry will exceed RMB 20 billion in 2010. In 2011, it will exceed RMB 26 billion, with an annual growth rate of nearly 30%. In 2012, the output value will exceed RMB 35 billion, with an annual growth rate of 35%.
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