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Data interpretation of the current global LED lighting development

The global lighting market can be divided into general lighting, automobile lighting and display three categories, including general lighting office lighting, home lighting, track traffic lighting, etc., the market share as high as 80%. 
$29.9 billion last year, the global LED lighting market, the market penetration rate is 27%. International research firm Technavio, according to the LED lighting technology to the traditional lighting technology substitution effect is increased year by year, by 2019, the global LED lighting market scale is expected to reach about $64.9 billion. 
In June this year, in addition, the report points out, the global instead of 40 w incandescent lamp LED bulbs retail price $9.5, down 0.2%; Replace the 60 w incandescent lamp LED bulbs retail price $12.9, down 0.1%. With LED bulbs prices fall and the market demand, replace will further enhance the speed of the LED lighting. 
According to a 2011 national development and reform commission (NDRC), China sales roadmap from October 1, 2016, banned the sale and import more than 15 watts and general lighting incandescent lamp. As the traditional incandescent lamp will gradually withdraw from the historical stage, known as "the light of the 21st century" LED lighting will also stepped into mature. 
LED the middle assembly field prospect 
From the perspective of LED industry chain, the main can be divided into upstream raw materials, chips; Middle reaches of LED packaging; Downstream LED applications. Among them, the LED chip upstream and epitaxial wafer market monopolized by foreign giants core technology. 
Relative to the chip industry, the middle reaches of LED packaging industry the most competitive, with complete packaging varieties. The current our country LED encapsulation has formed a certain scale of industry, to become the world‘s important mid-range LED packaging production base. At the same time, along with the continuous improvement of the technology and the high-end packaging market share in the field of rapid ascension, the future of LED packaging will continue to enhance enterprise competitiveness. 
Last year, China has reached about 30%, LED lighting permeability slightly higher than the world level, the future still has certain space for development. LEDinside, according to a report last year, $8.8 billion LED packaging market in China, rose 2% year-on-year. This year covering inventory demand increase lighting manufacturers, LED packaging market scale in China in 2016 is expected to reach $9.3 billion, is expected to more than 5% year-on-year growth. With the promotion of LED technology and market demand expands unceasingly, the LED industry will usher in rapid development. 
Automotive LED market promising OLED/laser gaining momentum 
Yole Developpement forecast, a new report from 2015 to 2018, due to the LED prices drop significantly, automotive LED market output growth relatively slow; But 2018 years later, due to the import of advanced light system, combined with new light source such as OLED, bits of pump laser, the size of the market will take off into the acceleration phase. Overall, automotive LED market from 2015 to 2021, a compound annual growth rate (CAGR), will be as high as 23.7%.