China’s LED chip industry has received a huge investment from 2009 to 2010. Although the output value is not yet large, there is no doubt about its great development speed and potential. According to LEDinside’s statistics, the gross output of LED chip industry in China reaches more than 2 billion RMB (~USD294 million, at USD 1: RMB 6.796) and the number of Chinese players by area is as much as 62. In light of LED chip sales in 2009, the top 10 LED chip manufacturers are ranked as follows:

To ensure the successful introduction of LED lighting and strengthen the promotion of high efficiency, high quality LED lighting products, the US Department of Energy, who does not hope to repeat the failure of CFL early-stage promotion has driven related standardization organizations to define the Energy Star standard for LED lighting products.

In order to effectively promote high quality, high efficiency LED lighting products, involving providing accurate product information as purchase base for customers, the Next Generation Lighting Industry Alliance under the US Department of Energy launched the SSL Quality Advocates program, requiring industry players to indicate clearly and accurately important specifications of solid state lighting products on the Lighting Facts label.

Focusing on the future of LED streetlight development, research institute LEDinside indicated that although streetlight standards have not been established and regulations of the product specifications are set according to different needs in different regions, LED streetlight becomes modulized, and intelligent control system of LED streetlight will be more complete. It is estimated that a total of 870,000 units of LED streetlights will be installed in 2010, an increase of 42.62% compared to 610,000 in 2009.

Governments around the world began to commit in promoting energy-saving policies, and the cost of LED lighting began to fall; these factors help to stimulate the growth of the energy-saving market. Research institute LEDinside indicated that with the ban on incandescent bulbs, business opportunities of 10W and below LED light bulbs began to emerge, and that light makers have cut prices in order to compete in the market that supplies nearly 20 billion units of incandescent bulbs per year.