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The Taiwan International Science and Technology Lighting Exhibition held recently in Taipei has just ended, and exhibitors have exhibited a variety of latest LED lighting applications. As the global LED application market continues to expand, in addition to potential markets such as Europe, the United States and China, it is not possible to overlook a very explosive Indian market. India's demand for LED products is mainly imported. In 2004, India's LED imports amounted to US$64.7 million. In 2005, imports increased to US$71.23 million. In 2006, LED imports reached US$88.5 million. The rate exceeded 11.93. By 2007, India's economic development has grown by leaps and bounds, and LED imports have hit record highs.
After two years of development, India is expected to exceed US$1 billion in 2010, and its annual growth rate is 12, which is one of the emerging markets with considerable development potential in the global LED market. This is mainly due to the country’s electricity demand driven by economic growth. Extremely, limited by resources, only the LED application layout in advance of energy saving and carbon reduction, otherwise building more power plants is not enough.
Recently, the Ministry of Economic Affairs also estimated that if all the 2.3 million street lamps in Taiwan can be converted into LED lights in the future, 750 million kWh of electricity will be saved in one year, and the electricity bill of NT$1.5 billion will be reduced, while 51.7 million metric tons of carbon dioxide will be reduced. emission.