In addition, due to the energy crisis, the world has stepped into the 'energy-saving era'. Countries are actively adopting legislation and government guidance to quickly replace incandescent lamps with LED lamps. The demand for LED lighting market is promising. Taiwanâ€™s ITRI estimates that the global market will reach US$1.6 billion by 2012, and the compound growth rate will be 37% from 2007 to 2012.
Australia has already begun to use LED energy-saving lamps to replace traditional fluorescent lamps and is expected to be launched nationwide in the next few years. Therefore, the LED market will develop rapidly in the next few years. LED has been widely used in landscape lighting, outdoor lighting, and decorative lighting, and general lighting is the future of LED industry.