China’s LED package industry market scale reached US $7.2 billion in 2013, up 20 percent from the year before, according to the recent “2014 China Package Industry Market Report” from LEDinside, a green energy research division of TrendForce. China has become the largest manufacturer of LED products. Rapidly increasing LED lighting penetration rate is driving up LED component demand volume, making China the most contended market among LED package manufacturers.

Over the past few years, Japan has seen an upsurge in energy conservation awareness. In the wake of the Tohoku earthquake in 2011, the government has even proposed plans for a “low-carbon society”. LED products have since experienced rapid popularization becoming the poster child for energy saving products. A recent survey shows the Japanese LED market size will undergo explosive growth in 2012 of 195 percent to $420.4 billion Japanese yen (US $4.2 billion),as reported by Liberty Times.