LED lamps and lanterns market outlook

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Since last year, the industry has been looking forward to LED lighting can be included in the scope of the financial subsidies, through the reduction of costs to promote the promotion and popularization of LED lighting. Previously, there have been various rumors about the LED lighting subsidy policy, and now the specifics have finally come out. Industry analysis, the subsidies, whether the scope or amount is not large, mainly to play a role in demonstration and guidance. Nevertheless, this still opened the LED lighting subsidy policy prologue. In the LED enterprise batch IPO, industrial investment overheating, overcapacity background, this subsidy policy is like manna, for the development of the LED industry injected a catalyst.

Analysis of the current rapid development of China's LED lighting industry driving factors, national policy in which plays an important role in boosting. In recent years, the state issued a number of policies to support the development of the LED industry. 2008, the Ministry of Science and Technology proposed to carry out "ten thousand ten cities" LED application pilot demonstration project. 2011, the state issued a roadmap for the phase-out of incandescent lamps in China to determine that from October 1, 2012 to start phasing out incandescent lamps. At the same time, each place has also introduced some local policies to support the development of local LED industry. The industry expects that this year may be a frequent policy period, so during this period, the development of LED-related standards is expected to accelerate. Policy support will further pry the LED lighting application market, accelerate the demonstration application and popularization of LED lighting, and is expected to fundamentally alleviate the pressure of chip overcapacity.

Industry insiders believe that the government's relevant support policies will create huge market demand for energy-saving lamps and LEDs. Media reports, the head of the relevant departments of the Development and Reform Commission has said, "Twelfth Five-Year Plan" period, the LED industry is expected to achieve the goal of tripling. The industry is generally estimated to be more optimistic: it is expected that by 2015, China's outdoor LED lighting penetration rate of 60% -80%, indoor commercial LED lighting penetration rate of 25% -30%, indoor furniture LED lighting penetration rate of about 5% -10%, the overall penetration rate of the Chinese market LED lighting will reach or even exceed 20%.

Some large domestic LED companies are quite optimistic about the prospects of LED lighting in the outdoor and commercial areas, they believe that the subsidy policy will accelerate the promotion of LED lighting in the outdoor and commercial areas. At present, the cost of LED lighting is in a downward trend, in the outdoor and commercial areas began to gradually have the advantage of cost-effective, the demand to maintain rapid growth. Industry analysis, from the point of view of this subsidy policy, the terminal lighting companies will directly benefit from the subsidy policy, packaging and chip companies can also benefit indirectly. With the subsidy, the cost-effectiveness of the product will be further improved, and will further stimulate consumer demand. Optimistic estimate, if the future reference energy-saving lamps subsidies continue to LED financial subsidies, LED lighting terminal selling price will fall 30% -50%, which will greatly stimulate end-user demand. In addition, the government bidding requirements of enterprises through the CQC quality testing and energy-saving certification, which will also help to enhance the user recognition of the quality of LED lighting. In short, the LED lighting market to accelerate the opening of the domestic LED industry will remain stable growth in the next few years.