LED is the abbreviation of light emitting diode, which is a solid light emitting device of semiconductor. Using light emitting materials of solid semiconductor chips, carriers in semiconductor will composite, cause photon emission and produce light, when the two ends of LED are with forward voltage. LED can directly emit red, yellow, blue, green, green, orange, purple and white light.

Our country has huge lighting market of LED and also has strong industrial foundation of lighting. With the development of semiconductor lighting technology, performance improvement of LED lighting and the reducing of cost, China's LED lighting market outlook will gradually appear.

(1)   The huge demand of lighting.

In our country, lighting market is very huge because traditional lighting sources have disadvantages of big energy consumption, low brightness and unsafe. LED lighting will replace the traditional light source and lamp.

(2)   A good lighting industrial base.

As lighting industry foundation is very strong, our country is the world's largest producer of lighting sauce and light lamps. According to statistics of China Lighting Electric Appliance Association, in 2010, the outputs of national incandescent lamps are 3.8 billion and fluorescent lamp production are 6.69 billion, of which the yields of fluorescent lamps of straight tube are 1.83 billion, the yields of ring-shaped fluorescent lamps are 1.8 billion and the yields of CFL are 4.43 billion. In 2010, the national production of HID lamp is 174 million, of which high pressure mercury lamp production is 56 million, high pressure sodium lamp production is 54 million, and metal halide lamp production is 63 million. At the same time, China's lighting consumption is mainly provided by the domestic production enterprises, andthe imported products accounted for less than 5% in the domestic consumer market. Nearly 70% of domestic production is for export. A good lighting industrial basewill not only provide a reliable supply of products in domestic market of LED lighting, but also provides a very good support of promoting cost performance of LED through scale effect.

(3)   Government support policies

From a policy perspective, the State supports the LED lighting industry development through establishing the engineering research of national semiconductor lightingand industry alliance, introduce related financial support measures, policies and regulations and other means. Through fiscal subsidy way, the yields of efficient lighting products will be more than 150 million. In order to make the policy benefit more residents in rural areas, it is clearly demanded that the promotion proportion is not less than 30% of the total in this year. In addition, China will also produce hold the LED street lamps, landscape lighting and large billboard projects, which are needed in large-scale activities. These will have a great inspiration for LED industry prospects.

With the development of economy and technology, it is believed that LED will be more and more popular.