LED Lighting in The " Knee" of The Dance Market Ushered in The Golden Harvest Period

LED lamps

With green, low-carbon energy growing popularity of the concept of life , energy saving products increasingly attach importance to the community , as represented by the green with LED lighting for its outstanding advantages began to penetrate traditional markets and in the lighting field set off a new revolution. And China 's semiconductor lighting industry has become to grow stronger foundation for the development of change in the global lighting industry transformation and upgrading of one of the fastest developing area , with a . 2014 , Chinese semiconductor lighting industry is ushered outbreak inflection point, product prices continued to fall , the terminal market is ushering in an unprecedented period of growth opportunities .

2013 , the overall size of China's semiconductor lighting industry reached 257.6 billion yuan , an increase of 34 % compared to 2012 's 192 billion yuan , becoming in 2010 after the domestic semiconductor lighting industry faster year. Upstream epitaxial chip which reached 10.5 billion yuan , reached 40.3 billion yuan package midstream , downstream of the application of the scale exceeded 200 billion yuan , reaching 206.8 billion yuan .

Meanwhile, the development of the lighting industry is mainly affected by government policies , the manufacturing costs and end-user purchase intentions and other multi- factors. According to " China to phase out incandescent road map" , from October 1 this year , China will ban the import and sale of 60W and above ordinary incandescent lighting . Compared to conventional energy-saving lamps , LED lighting products more energy efficient, more environmentally friendly, so LED lamps to replace incandescent will have a broad market space. Meanwhile, the state support for energy-saving environmental protection industry , LED industry as a strategic emerging industries , LED lighting and more energy-saving advantages of its more prominent , its market prospects are also high hopes for the industry .

2013 light cost reduction and policy -driven dual role by , LED lighting products, rapid increase in penetration , market sentiment continues to increase. 2013 , China's domestic production of LED lighting products more than 810 million , the domestic sales of about 400 million , LED lighting penetration rate reached 8.9% in the domestic market increased by nearly 5 percentage points higher than last year's 3.3 per cent , especially the growth in the commercial lighting more obvious, according to incomplete statistics, in the field of LED commercial lighting fixture penetration has exceeded 12%.

Research Director Dr. Wu Mingming CSA noted that from August 2013 to March 2014 Taobao LED bulb price from 8.08 yuan / W down to 6.10 yuan / W, a drop of 24.5 percent , two bulb export price has dropped by 66 %, but from the data reflect the view, the price rate of decline is slowing down , the price war has obvious relief, but the price will further decline.

Plus, the multi-national joint propulsion ban incandescent and energy-saving policy of the Chinese government introduced a number , are favorable conditions for the development of LED lighting , and ten years, the average annual growth rate of 39% of Chinese output , the output value of 257.6 billion yuan in 2013 , initially formation of industrial agglomeration, four regions in 2013 LED lighting market started in the application output accounting for more than 1/3. Next, the Chinese LED industry will usher in a golden period of development.

On the one hand due to technological advances and mass production has brought the cost of components and application packages rapid decline , leading the LED lighting product sales prices gradually approaching the traditional lamp price.

According to the U.S. Department of Energy predicts that by 2020 LED chip costs 82 percent lower than in 2013 , 78% of the cost of reducing the LED package , 60 -watt LED chip cost level will be reduced 66% decrease in cost will be to promote the penetration of LED lighting products one of the main promotion.

On the other hand , continued investment in the development of government resources and related policies also promote the development of the market , 2012 was the peak of the world's first wave of incandescent ban , such as South Korea , Japan and other regions into a total ban on stage , in 2014 the European Union , the United States , China and other places are also expected to enter the mainstream ban incandescent stage , will again enhance the penetration of LED lighting .

CSA pointed out that in 2014 , China 's semiconductor lighting industry will continue to maintain rapid growth, the growth rate is expected to reach about 40%. Epitaxial chip link, starting with the full application of the market, in recent years, the accumulated investment in production capacity gradually released, epitaxial silicon production in 2014 , the output value will be significantly improved, output growth is expected to reach about 35 %. Packaging industry sectors more competitive , growth is expected at around 20% , more new packaging technologies and processes to compete . But LED packaging technology evolution , always focus on the end-use costs continue to drop this topic. In the application part , with the advantage of Chinese manufacturing , output growth in 2014 will exceed 50%.

In lighting applications, in 2014 , with the further implementation of national plans to phase out incandescent lamps , LED lighting will achieve explosive growth , leading Chinese LED application market , penetration speed, the overall penetration rate is expected to LED lighting is expected to reach 20%. Intelligent lighting will follow the wisdom of the city's construction and shine , wearable electronics, optical communications, lighting and other innovative applications of plant products are a market favorite . With the start of the LED lighting market demand volume and national policies have been introduced LED , LED industry is bound to accelerate the development of the market, China LED lighting industry will also usher in a golden harvest of market inflection point