LED lighting is a very important industry

At present, we focus our LED technology market on lighting. Nowadays, the global lighting demand has reached about 2 trillion kilowatts, which will generate a lot of carbon dioxide emissions every year. One technology I think can reduce carbon emissions is LED lighting. If you turn the current lighting market into LED lighting, it is estimated that by 2019 or so, it may reduce emissions by about 50%.

Now, LED lighting is more expensive and heat-resistant, but the LED lighting market is relatively large. In the lighting market in the world, the proportion of LED advertising will increase by about 15% in 2012 and about 30% in 2016; LED shipments will increase from 3.5 million in 2007 to about 185 million in 2012. The growth is very high. If LED lighting becomes a daily lighting device in the future, the growth rate will be even faster, and it may increase by 19% in China in the future. This is a very important industry. Enterprises with patented technologies will quickly lead the market. Nanjing has very good opportunities for development.