Recently, the author learned from foreign media reports that the market research company Research and Markets released the promotion factors, opportunities, trends and forecast reports for the LED market in Turkey from 2015 to 2020. From 2016 to 2022, the Turkish LED market is expected. Will increase the compound annual growth rate of 15.6%, the author learned from foreign media reports, market research company Research and Markets released the promotion factors, opportunities, trends and forecast reports for the LED market in Turkey from 2015 to 2020, from From 2016 to 2022, the Turkish LED market is expected to grow at a compound annual growth rate of 15.6%. By 2022, the market size will reach 344 million US dollars. The LED market analysis report is based primarily on the main application areas of the product: lighting, display and backlighting, mobile devices, signage and billboards and other products. The field of lighting is further divided into indoor lighting and outdoor lighting. The products are divided into light bulbs, street lamps and spotlights. In the Turkish market, LEDs are expected to have the highest growth rate in the application market for signs and billboards. Turkey decided to develop intellectual property rights for LED products and replace LED lights as lighting to reduce energy consumption, which greatly promoted the development of the Turkish LED lighting market. As the government coordinated and increased the use of LED wicks, other LED products began to grow at a high speed in the country. Due to the government's investment in outdoor lighting replacement, the popularity of LED lighting in Turkey will increase exponentially during the forecast period, replacing traditional halogen and incandescent lamps in rural areas. The ban on the use of halogen lamps in Europe also provides some opportunities for Turkish exporters to manufacture and export LED lighting products to European manufacturers. Some Turkish manufacturers, such as Atil Aydinlatma, have begun exporting LED lighting products to European countries.
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