Domestic LED Industry Will Develop Side Shuffle Side

LED indoor lighting product

19, held in spring 2014·Engineering production and research emerging industry investment strategy meeting, Zhang Institute of Engineering LED industry standard that, LED industry in 2014 will enter a new golden period of growth . Engineering Research Institute released a set of research data show that in 2013 China LED output value of 263.8 billion yuan downstream , an increase of 28% in 2014 LED industry output value will be more than 320 billion yuan , of which the output value of about 70 applications% , and indoor and outdoor lighting and accounted for a large proportion of them , especially the first time more than interior lighting landscape lighting has become the main driving force to promote the sustained and rapid development of the industry .

From the many listed companies reported results notice , the sharp advance by many companies , for example, the country star power , Chau Ming Technology and other companies in 2012 net profit up sharply in general , and in 2013 it achieved a significant advance by both approaches or exceeds 100% , exceeding market expectations.

At the same time , we also noted that from 2010 to 2013 , the domestic LED indoor lighting products prices fell by more than 20 percent annually . In this context , some less competitive companies into " income does not increase profits" of the situation. From the industrial chain, the upstream chip due to enter higher barriers, competition is relatively no package midstream and downstream applications fierce . In packaging and application areas , due to technical threshold is not high, so capacity can be quickly released, is the main cause product prices gradually downward . Related companies are also listed on the profitability decline in danger to Ruifeng power ( market share it traded points ) , for example, from the third quarter of 2010 to 2013 , the gross profit margin was 30.97% , 27.15% , 22.10% , 20.98% , substantial decline means profitability. The same phenomenon is widespread downstream lighting applications , such Hongli Opto-electronic ( market share it traded points ) , Foshan Lighting ( market share it traded points ) .