Published:2010/10/12 4:00:00 Author:Michelle From:SeekIC
After nearly 40 years for the development of LED lights, It is time for it to be promoted into the market. With the development of LED lighting technology and its maturity, it is used in many applications. As a brand new lighting tool, LED has become more and more popular and also will be the next generation of alternative. Therefore, the 21st century will be an century which is led by new lighting technology, and it is also a century which the main duties are the emission reduction and energy saving for modern people. Besides, market that is dominated by energy saving lights occupies a large share, which becomes a new opportunities for both the government and the manufactures.
In many developed countries, energy saving lighting industry is supported largely by their governments and they offer some subsidies to manufacturers in oder to let them focus on it and get much more profits as well. As there is not a standard for street lighting and LED lights are not permitted by lighting departments in China, as a result, there are some difficulties in the country. Furthermore, prices are of much difference home and abroad.
Although the market is much better in abroad than in China, the crisis has a dramatic influence all over the world as well as in the LED lighting market, As is well known, LED in China does not have a deep fundamental, so the market is of great potential for China. The most important issue for the current LED street lighting market is the support from the government, only in this way, will the promising industry develop smoothly. Related chip is:T7942S .
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