According to the IEI estimates by the Taiwan Industrial Technology Research Institute, the LED lamp market will grow from 690 million US dollars in 2007 to 1.2 billion US dollars in 2011. From the market penetration rate of 8%, the annual growth rate is as high as 13%, and Asia will be the region with the most growth. Due to the promising prospects, many LED manufacturers have flocked to this potential market, and the LED market has now entered the Warring States period.
In the use of LEDs, the current global penetration rate of vehicle brake lights is the highest. As for the headlights, LED lights are not a competitor of HD. It is expected that the penetration rate will be only about 3% by 2011. The development of the lamp market has gradually entered a mature stage, and the advanced light source system has become the key to the development of the lamp. In 2007, the global market for headlights was 13.2 billion US dollars, and by 2011 it is expected to grow to 15 billion US dollars.
Taiwan-funded manufacturers Weiwang Bulb said that the current application of LEDs is mainly locked into the mature indicators on the technical level, such as the number of lights, brake lights, and household lights. The headlights are due to the high technical threshold of the light source system and insufficient product stability. The penetration rate cannot be compared with other types of lamps. Manager of Weiwang Lamp Factory said that LED lights have the advantages of low power consumption, dimming, high color rendering, long life and reliability. At the same time, the LED lamp has a short reaction time, a light weight and a point light source, which not only improves the safety of driving, but also creates the advantage of the car. In terms of safety and design, LED lights are widely used. He said that due to the high forward-looking LED and the added value, many small light bulb manufacturers have stepped into this market. Even the electronics factory and the hardware factory want to take a slice of the market. The market is like a warring country.
Manager Jiang said that many light bulb manufacturers such as Philippine and Osram have not officially entered this market, mainly because the big manufacturers believe that the maturity of the products is not enough. Just as many small factories each produced and developed their own LED bulbs, they let the LED specifications follow the chaotic state of the Warring States. Manager Jiang said with helpless hands, this is the result of the absence of a unified system in the Warring States market. The LED market is fiercely competitive. Are there any Taiwanese-invested companies thinking about resource integration instead of each? Manager Jiang said that three or four years ago, some bosses of Taiwanese-owned light bulb factories really thought about strategic alliances and cooperated in producing each other's expertise. Light bulb project. However, I did not expect that due to the fluctuation of the economy and poor management, some manufacturers have their own advantages, and resource integration can only stay at the stage of talking on paper.
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