LED drive power market reached 17.85 billion yuan in 2014
[Text|High-tech LED Industry Research Institute (GGII)] In 2014, the LED lighting market was improving. The annual LED lighting revenue in China was 222.6 billion yuan, a year-on-year increase of 41.3%. Benefiting from the lighting market demand, China's LED lighting driver power supply market developed well in 2014. The annual market size reached 17.85 billion yuan, a year-on-year increase of 35.7%.
From the scale of the LED lighting driver power supply market in recent years, it can be found that the market growth rate in recent years is above 30%, which is better than other LED supporting and auxiliary materials industries. The reason is mainly because the price of raw materials for LED lighting power supply is relatively stable, and secondly, the requirements for technology are also high. Therefore, the price of power supply is relatively flat, and the increase in demand directly drives the rapid growth of sales.
From the scale of the LED lighting driver power supply market in recent years, it can be found that the market growth rate in recent years is above 30%, which is better than other LED supporting and auxiliary materials industries. The reason is mainly because the price of raw materials for LED lighting power supply is relatively stable, and secondly, the requirements for technology are also high. Therefore, the price of power supply is relatively flat, and the increase in demand directly drives the rapid growth of sales.
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