The main force of the future lighting industry: LED and OLED

According to market research firm SBI (SpecialistsinBusinessInformation) estimates that the current global market size of LED and OLED has more than 50 billion dollars, while the United States alone accounts for $ 1 billion in market value. This compared with 2007 growth of more than 50% full. SBI further estimates that by 2013 the global LED and OLED market will reach $ 14 billion and up to 30 billion U.S. dollars of the U.S. market.

Why LED and OLED technology, the best potential for future growth can be one of the industries it? Because the current global efforts for the green energy industry to be several times larger than in the past. With the first half of 2008 oil and other resource prices continue to rise, global climate change on human also had a tremendous impact.

LED compared to traditional incandescent in the conversion of energy is also efficient. In general, LED conversion efficiency of 80%, while only 20% of incandescent lamps. For example: the use of LED traffic signals than the use of incandescent traffic signal, can be reduced to 92% of energy use.

Long term, the establishment of the more LED or OLED application market, while many parts of the world will no longer need to build too many power plants, even if the global population, more and more for the higher electricity demand in the case. Because the LED and OLED will be able to reduce the power consumption of each user even, so once the higher penetration rate of LED lighting, the existing power plants is sufficient to meet demand.

However, SBI also warns that even if the benefits of LED and OLED so much, but its cost reduction still takes time.

So currently impeding the spread of the key LED and OLED is one of the cost. Once the rapid price declines, and perhaps the size of LED and OLED market will be larger and more popular.

Taiwan now is actively working to create the LED market. "Ministry of Economic Affairs Bureau of Energy" have been included NT 2-300000000 yuan budget, setting the standard in LED lights, the LED lamp replacement program will start. According to LEDinside estimates, Taiwan's LED market will have a 400-500 overall scale of one hundred million yuan business.

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