In addition, due to the shadow of the energy crisis, the world has stepped into the â€œenergy-saving eraâ€. Countries are actively adopting legislation and government guidance to rapidly 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.
Global Times Information, Australia has begun to use LED energy-saving lamps to replace the traditional fluorescent lamps, is expected to be launched in the country in the next few years, so the LED market in the coming years will be rapid development. LED has been widely used in landscape lighting, outdoor lighting, and decorative lighting, and general lighting is the future of LED industry.