China’s LED in­dus­try gal­lops to Rs 250 tril­lion in 2011

Electronics For You - - LIGHTING - Source: A press re­lease by IHS isup­pli China Elec­tron­ics Sup­ply Chain Ser­vice

Tak­ing full ad­van­tage of govern­ment sup­port, China’s LED in­dus­try clocked sales of over Rs 250 tril­lion in 2011—23 per cent more than in 2010—by of­fer­ing a wide range of in­no­va­tive prod­ucts. The in­dus­try is poised to grow al­most dou­ble to Rs 460 tril­lion by 2015.

The LED mar­ket cov­ers LED bulbs, LED dis­plays, traf­fic sig­nals, au­to­mo­tive ap­pli­ca­tions, LCD back­light­ing, hand­set key­pads, dig­i­tal still cam­era flash­lights, dec­o­ra­tive light­ing, street light­ing and gen­eral il­lu­mi­na­tion. A new de­mand driver for LEDs in the medium to long term will be the gen­eral light­ing mar­ket. Given the global trend to re­duce car­bon emis­sions, China’s de­mand in the gen­eral light­ing seg­ment will be strong for LEDs, which of­fer low power con­sump­tion and are en­vi­ron­men­tally safe. The Chi­nese, how­ever, are not happy since most LED wafers are im­ported. China trails due to the lack of tech­no­log­i­cal and R&D ca­pa­bil­i­ties. China’s LED players en­joy am­ple fund­ing from the govern­ment, which sub­sidises at least 70 per cent of the pur­chase price for metal-or­ganic chem­i­cal vapour de­po­si­tion equip­ment em­ployed in LED man­u­fac­tur­ing. Fur­ther­more, tax and util­ity pay­ment ben­e­fits are of­fered to en­cour­age investments in the do­mes­tic LED in­dus­try, prov­ing to be anad­di­tional boon for local players.

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