LED lighting market applications include alternative light sources, font lights, architectural lighting, retail display lighting, consumer hand-held lighting, residential lighting, entertainment lighting, mechanical imaging/inspection, security & security, outdoor lighting, commercial 12 industrial applications, such as industrial lighting and off-grid lighting, among which architectural lighting applications accounted for the largest, accounting for about 45% of the overall market in 2007, followed by font lights and consumer handheld lighting, respectively, accounting for the overall market 14 % and 13%, the remaining applications are not large, only 0%-6%. Global LED lighting market and regional market analysis The global LED lighting industry is limited by the high price of LEDs, undetermined industry standards, and technical issues such as light shape, longevity and reliability. In 2007, the market size was only US$330 million, of which the main market source was architectural lighting applications. The market size is 150 million US dollars, accounting for about 45% of the overall market. Global LED lighting market analysis 3D Printing Tungsten Part,Tungsten 3D Printer,3D Printing Tungsten,Tungsten 3D Filament Shaanxi Xinlong Metal Electro-mechanical Co., Ltd. , https://www.cnxlalloy.com
Looking forward to the future, with the continuous improvement of LED technology and wide application areas, it is estimated that the market size will reach 1.6 billion US dollars by 2012, and the compound growth rate will reach 37% in 2007-2012.
