Global LED lighting application market development status and trend analysis

In 2020, while the world is responding to the challenges of the energy crisis and the gradual deterioration of the environment, China is also committed to strengthening the adjustment of the industrial structure, promoting energy conservation and emission reduction, and transforming the mode of development. Semiconductor lighting has gradually established an important position in the lighting industry due to its superior performance and green characteristics. With the rise of emerging applications such as the Internet of Things, the trend of intelligence has accelerated, providing a major opportunity for the development of the LED industry.