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LED industry trends 2

Aug 30, 2016

LED lighting market in China, according to the 2015-2020 prospective analysis of forward strategic planning and investment analysis report, LED lighting market has been considered to be LED the most important and most promising applications. Overall, very favorable macro-environment for the development of LED lighting applications, mainly: 1) energy conservation a matter of global concern and get push; 2) the traditional light source technology grows so slowly, facing bottlenecks; 3) LED lighting technology and costs are reduced, market barriers has not for a long time.