On August 17-18, 2012, the 9th Gaogong LED Industry Summit held in conjunction with the 2012 Gaogong LED Exhibition was held in the conference room on the third floor of Guangzhou Poly World Trade Center. The CEO Conference is divided into three parts, focusing on the upper, middle and lower reaches of the industry chain. The meeting invited senior executives from well-known listed companies including Taiwan Jingyuan Optoelectronics, New Century Optoelectronics and Tongfang, Guoxing Optoelectronics and Ruifeng Optoelectronics. He delivered keynote speeches and shared unique industry insights, the latest cutting-edge technologies in the industry, and lighting market strategies.

In response to the development trend of LED downstream, Zhang Hongbiao, research director of Gaogong LED Industry Research Institute, made a report on "2012 LED Lighting Market Analysis". He pointed out that from the perspective of LED lighting output penetration rate, it was close to 8% last year and is expected to reach 12% this year. By 2015, it is expected to reach 28%. In 2020, more than 70% of the world's general lighting will use LED lighting, and the penetration rate of output will reach over 90%.

Zhang Hongbiao said that the LED indoor and outdoor lighting market reached 20% of the total LED application last year, and will grow to 25% this year. Among them, outdoor lighting (street lights, tunnel lights), the market size will increase from 4% last year to 5% this year. The fastest growth is indoor general lighting, which will increase from 16% last year to 20% this year. The decline was greater in landscape lighting, which fell from 26% last year to 23% this year.

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