LED lighting is the trend of the next generation of lighting products. It is estimated that in 2012 the output value of the global high-brightness LED market will be 13.4 percent annual growth rate, size of up to $ 10.1 billion, Japan, Korea, China Taiwan's high-brightness LED market share of the total will reach 61.3%. European high-price policy, as well as the culture of a special light is an important factor to promote its LED industry developed rapidly.
LED lighting is the trend of the next generation of lighting products. On the one hand, long life, high luminous efficiency, low energy consumption characteristics, so that LED lighting has the incomparable advantage of the traditional lighting; the other hand, the LED industry and advocated energy conservation and environmental protection, to create a "green low-carbon The life of the policy match. As an emerging industry, LED has been formed to complete the global industrial chain layout.
A global energy issues of concern, continued growth in LED lighting market size
In 2011, energy issues continue to be taken seriously, the rapid rise of the LED lighting market. According to the latest data show DIGITIMES Research, 2011, high-brightness LED market size of $ 8.25 billion growth by 2010 to $ 12.6 billion, the annual growth rate of 53%. Policies to promote the world's major countries, the LED luminous efficiency significantly improve the overall lighting design tends to mature, as well as the prices of LED lighting's estimated that 20% to 30% decline in space factors, LED lighting penetration rate is expected to continue to improve. To replace the residential use from low-power LED light source to the commercial and industrial use, full of high-power LED lighting equipment, all kinds of LED lighting applications, demand is rising sharply. Expected that the global LED lighting market size will reach $ 21.7 billion in 2015 and is expected to promote the sales of the power supply to reach 40 million units by 2016, with a total of $ 10 billion.
Second, Asia LED industry ranks first in the world, Japan, Korea, the development of the market
In 2010, Asia has become the main production base of the LED, Japan, Korea and China's overall market share of 81.3%. Asian countries, Korea's growth rate the fastest in 2002 the development of LED industry in 2009 to create a LED backlight source of LCD TV market, in order to ensure that the grain source, positive expansion, market share approaching 10% to 2010.
Japan, with a strong quality and technical development capabilities, retaining its position as the global LED industry leadership position, from 2000 to 2005 market share reached 50% from 2006 to 2010 by Taiwan's economies of scale and low-cost strategy, coupled with ROK-led and actively seize the market, its global market share slipped to 41.5 percent. Case of China, Taiwan, between 2003 and 2006 market share remained at around 20%, after growing year by year, 2010 has reached 25.3%; Chinese mainland continued to slight growth in 2010, the market share of only 5 %.
Expected background of continuing growth in South Korea and mainland China, Asia will remain at the global LED industry leadership position. It is estimated that in 2012 the output value of the global high-brightness LED market will be 13.4 percent annual growth rate, size of up to $ 10.1 billion, Japan, Korea, China Taiwan's high-brightness LED market share of the total will reach 61.3%. Only by grasping the LED industry in Asia to the overall development, in order to better seize the context of the global development of LED industry.
Third, Europe, high electricity prices and a special light culture, the power LED lighting industry to take off
The overall lighting market in Europe is relatively mature, but its high tariffs and special light culture, making the commercial lighting and outdoor architectural lighting situations continues unabated demand for LED applications. LED inside, according to DRAMeXchange (Trend Force) 's research department statistics, in 2011, the LED lighting market in Europe has exceeded $ 2.08 billion, is expected this year will increase to $ 3.01 billion. The same time, by the EU a comprehensive ban incandescent light bulbs policy implications of market growth is expected to be a sharp rise in LED lighting industry in Europe in 2015 is expected to reach $ 10 billion, is expected to reach 49 percent compound annual growth rate between 2011 and 2015, will become second only to Japan after a mature fast-growing LED lighting market.
European high-price policy, as well as the culture of a special light is an important factor to promote its LED industry developed rapidly. Electricity prices high popularity of LED lighting is a good one can replace the traditional 40-watt incandescent bulb 7 watt LED bulb lamps, for example, if eight hours every day point and EU-27 electricity prices, a monthly one LED bulb than traditional incandescent lamps to save $ 2, will be able to save additional costs with higher power outdoor lighting or commercial lighting.
The light of culture in Europe focus on creating a light environment, rather than simply to emphasize the types of lamps or the level of brightness. Lyon, France, for example, the government come up with some of the budget every year to put into light construction, and organized the Festival of Lights, the establishment of an international city lighting a joint household (LUCI), lighting and urban culture together, both tourism and economic benefits.
Fourth, the Chinese LED industry of slackening growth in low-margin record
Although the OEM model of development is severely squeezed the profit margins of China LED companies, but domestic confidence in the future of the industry has not diminished. The data show that the 1 July 2012, China's LED industry is planning to increase the total investment still reached 125.6 billion yuan, of which more than 40 percent of the funds to invest in a number of industry sectors, and even the whole industry chain investment. It is noteworthy that the non-LED into the LED industry investment has become an important part of the LED industry investment, such projects account for all investment projects up to 45%, the amount of more than 65% of the total amount of capital investment.
Chinese LED industry boom and is closely related to the support of the Government. In March, the Chinese National Development and Reform Commission explicitly will spend 40 billion yuan for the LED street light procurement, and users of LED street lamp provides 30% of the financial subsidies. The local government also will respond to, Guangdong Province, said that since March 1 this year, the province's financial investment in the construction of the lighting project and new planning and development area, in the field of public lighting all use of LED. In addition, capital markets favor of the LED market is no less, one of the most popular venture capital and private equity investment industry. The data show that in 2011 the country has seven LED industries and enterprises to achieve in the A-share IPO, the total financing amount of 3.625 billion yuan. IPO application promulgated by the SFC in February this year in the trial list of companies, at least nine LED industry.
China LED companies win the low-margin growth. The data show that the "Eleventh Five-Year" period, doubling the size of the IC industry, production and sales revenue, respectively, from 26.58 billion in 2005 and 70.2 billion yuan to 65.25 billion in 2010 and 144 billion yuan, accounting for global IC market share from 4.5% in 2005 to 8.6 percent in 2010. The size of the domestic market expanded from 380 billion yuan in 2005 to 735 billion yuan in 2010, accounting for 43.8 percent of the global IC market share. In 2011, the economic downturn in Europe and America, of LED and other energy-saving products export are still adverse growth 25%, LED indoor lighting products output rose 75 percent, prices fell 22 percent, the output value reached 18.6 billion yuan, up 38 %. According to the agency predicted to benefit from government support prices fell this year, China's LED interior lighting output will reach 30.6 billion yuan, an increase of 64%; will reach 99.3 billion yuan in 2015, the next four years the compound annual growth rate of the indoor lighting production value will to 52%.
