LED lighting to boom in 2H13,says Ledlink Siu Han
Ledlink Optics,a Taiwan-based firm that specializes in producing secondary optical lenses for LED lighting,was listed on the OTC market on June 5,2012.According to chairman Te-Lung Tang,the market has been vying for"the year of LED lighting",but the price of LEDs has not reached its sweet spot.The revolution of indoor LED lighting will begin when the price of 160lm/W LED lighting decreases 50%.This is likely to take place in second-half 2012-2014.
According to Digitimes Research,the CAGR of the LED lighting market from 2012-2014 is approximately 85%.According to Tang,Ledlink's orders are likely to increase with this market trend if other factors(such as the debt crisis in Europe)do not affect the economy.Currently,the penetration rate of LED lighting is around 8-10%.It is very likely the penetration rate will exceed 10%in 2012,said Tang.
The firm indicated its global market share in the LED lighting market is about 35%and the firm has more than 2,000 secondary optical lenses.Ledlink's customers include industry leading firms such as Philips,Osram and GE.
