2013 Guangdong LED Output Value Increased Three Percent Corporate Income Does Not Increase Profits Probably Will Continue

LED lighting

After experiencing the 2011 to 2012 market downturn, overcapacity , the domestic LED market ushered in the turning point in 2013 , the industry pick up signs of obvious.

City of Guangdong, for example with LED . According to Guangdong Semiconductor Lighting Industry Joint Innovation Center on Feb. 28 released a report in 2013 in Guangdong LED industry output value of 281.1 billion yuan , an increase of three percent . Shenzhen LED output value of which exceeded 100 billion mark for the first time , ranking first in Guangdong Province.

" On the one hand technological advances resulting in lower prices of LED lighting products , thus contributing to improve market acceptance ; hand began to promote public lighting , indoor lighting market gradually opened , and the increase in demand for backlighting , prompting higher demand real ." The center responsible said .

According to director of the Joint Innovation Center of Guangdong Province semiconductor lighting industry , Shenzhen LED Industry Association president Sui Sai Wing introduced Guangdong LED street reconstruction project will wrap up by the end of this year , the future of the province will shift to indoor lighting market , and public indoor lighting will be the first start .

Data show that in 2009 only 39 billion yuan output value of Guangdong LED , four years sevenfold . Sui Shirong said 2013 LED output value of 281.1 billion yuan in Guangdong , an increase of 29.52% over the previous year , in the province of the eight strategic emerging industries, the output value ranked second , the growth rate of the first .

From the point of view of market segments , LED lighting lamps , accessories and packaging materials class device class to occupy the top three , respectively, accounting for 19.76% , 19.33% and 15.07% . Notably , LED chip wafer Guangdong is still weak , the output value of only 1.159 billion yuan .

LED market rebound largely due to public lighting renovation project propulsion and landing. Guangdong province last year tender LED lights and tunnel lights totaling 991,300 , of which a total of nine cities in the Pearl River Delta tenders 808,600 , accounting for 81.57 percent of the province the number of tenders .

In addition to the LED market in Guangdong , Guangdong enterprises have obvious advantages. "Last year, the National Development and Reform Commission 1 billion yuan project bidding and tendering of 2 billion yuan , Shanxi , Guangdong enterprises bid up to eighty percent ." Sui Shirong said .

Terms of the number of listed companies , according to statistics , 25 listed companies in Guangdong LED , with a total market capitalization exceeded one hundred billion yuan

In addition, Guangdong LED industry leader is also reflected in the patent application . As of the fourth quarter of last year , the province's total LED-related patent applications 50,061 , accounting for 26.63% of the national total LED patent applications.

Exports, exports of Guangdong LED related products totaled 68.804 billion yuan , and showed increasing trend by quarter , the fourth quarter in which exports 21.81 billion yuan , accounting for 31.7 % of the total year-round . The main exporters are still Asia, North America and Europe. In this regard , the aforementioned sources, LED continuous improvement in Europe under the access threshold , the growth of Guangdong LED indicates its main export product quality is improving .

Up to now , the PRD has been basically completed nine cities street reconstruction task , "Pearl River Delta region of LED lights bidding completed, the remaining work is expected to be completed in May this year ." Sui Shirong said . This means that the two-year implementation of Guangdong LED public lighting scheme into the closing stages , the LED application market by taking over the leading role of indoor lighting .

According to reports, the Guangdong indoor lighting retrofits will be in full swing this year , and the use of contract energy management, lead in promoting public indoor lighting from the Pearl River Delta region.

But several insiders told the "Daily Economic News" reporter said , LED market continues to improve not only in hopes of Public Works, the civilian market is a real force in the future .

This trend is emerging . According to the Shenzhen LED Industry Association latest survey , Shenzhen, home improvement market share of the entire lighting LED lighting market share has risen to 30%. I do not want to be named , said insiders , the future market competition will become more intense, the reshuffle is inevitable , many LED companies income increased profits without fear of embarrassment will continue.

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 ) .