The price of traditional energy sources such as oil and natural gas has soared, global inflation has increased, and demand in the electronics and daily necessities industries has been hit, and the LED and lighting markets have also been shrouded in a haze.
However, the soaring price of traditional energy has also stimulated the further improvement of awareness of energy conservation and emission reduction. The function of LED as an energy-saving product has also been further highlighted. While facing challenges, the market segments such as display and lighting have also ushered in new business opportunities.
In terms of market supply, niche applications such as new displays, automotive lighting, and plant lighting have become the focus of manufacturers' capital expenditures and industrial layouts in recent years, and 2022 will show a trend of accelerated development. However, in the short term, the global environment is unpredictable, and there are many uncertainties in the market trend. It is a hot topic for industry players to wait and see or follow the trend.
