LED lighting is the trend of the next generation of lighting products. On the one hand, long life, high luminous efficiency, and low energy consumption make LED lighting fixtures incomparable to traditional lighting fixtures; on the other hand, the LED industry and the current energy conservation and environmental protection advocated by various countries create “green and low carbon "The policies of living match. As an emerging industry, LED has formed a complete global industrial chain layout.
First, the global energy issue has attracted much attention. The scale of LED lighting market continues to grow In 2011, energy issues continued to receive attention, and the LED lighting market rapidly emerged. According to the latest data from DIGITIMES Research, in 2011, the high-brightness LED market grew from US$8.25 billion in 2010 to US$12.6 billion, with an annual growth rate of 53%. Promoted by the policies of major countries, LED luminous efficiency is significantly improved, the overall design of lighting fixtures tends to be mature, and the price of LED lighting is estimated to fall by 20% to 30% each year. The penetration rate of LED lighting is expected to continue to increase. From the replacement of LED light sources for low-power residential buildings to the full set of LED lighting equipment for high-power commercial and industrial applications, the demand for various types of LED lighting applications is rapidly increasing. It is estimated that the global LED lighting market will reach USD 21.7 billion in 2015, and it is expected that the sales volume of power supply equipment will reach 4 billion units in 2016, with a total output value of USD 10 billion.
Second, Asian LED industry ranks first in the world, Japan, South Korea, and China market development can be expected in 2010, Asia has become the main production base of LED, Japan, South Korea and China's overall market share reached 81.3%. Among Asian countries, South Korea has the fastest growth rate. In 2002, it invested in the development of the LED industry. After creating the LED backlight LCD TV market in 2009, it actively expanded its production to ensure the source of crystal grains. By 2010, the market share has approached 10%. With its strong quality and technological development capabilities, Japan has secured its leading position in the global LED industry. Its market share reached over 50% from 2000 to 2005. It was affected by Taiwan’s economies of scale and low-price strategy from 2006 to 2010. South Korea and South Korea actively dominated the market and their global market share fell to 41.5%. As far as China is concerned, Taiwan’s market share has remained at around 20% between 2003 and 2006, and it has grown year by year, reaching 25.3% by 2010; China continues to grow slightly, with a market share of only 5 in 2010. %. Under the background of continuous growth in South Korea and China, Asia will continue to be the global LED industry leader. It is estimated that in 2012, the annual growth rate of the global high-brightness LED market will be 13.4%, and the scale will reach 10.1 billion US dollars. The proportion of high-brightness LED markets in Japan, Korea, and Taiwan will total 61.3%. Only by grasping the development of Asia's LED industry, can we better grasp the global development context of the LED industry.
Third, the high price of electricity and special light culture in Europe, helping the LED lighting industry to take off The European overall lighting market is relatively mature, but its high price and special light culture, making commercial lighting and outdoor architectural lighting applications on LED applications continue unabated . According to LED inside of the research department of Trend Force, in 2011, the European LED lighting market has exceeded US$2.08 billion and is expected to increase to US$3.01 billion this year. At the same time, due to the EU's overall ban on incandescent light bulb policy, the market growth rate is expected to rise sharply. It is estimated that in 2015 European LED lighting industry will reach 10 billion US dollars, and the compound annual growth rate between 2011 and 2015 is expected to reach 49%, which will become the successor to Japan. After the next fast-growing mature LED lighting market.
European high price policy and special light culture are important factors that promote the rapid development of its LED industry. The high electricity price is good for the popularity of LED lighting. Take a 7-watt LED bulb that can replace the traditional 40-watt incandescent bulb as an example. If you point it 8 hours a day and calculate it with EU-27, one LED bulb per month will Saving $2 more than traditional incandescent lamps, more energy-efficient outdoor lighting or commercial lighting will save even more money. European light culture focuses on creating a light environment, rather than simply highlighting the type or brightness of lamps. Taking Lyon, France as an example, the government puts out some budgets each year to invest in lighting construction, and holds lighting festivals to set up a joint LUCI (International Urban Lighting Association) project that integrates lighting and urban culture with both sightseeing and economic benefits.
Fourth, China's LED industry boom continues unabated, creating growth in low profits Although the OEM's development model has severely squeezed the profitability of Chinese LED companies, domestic companies' confidence in the industry's future has not diminished. According to the data, from January to July 2012, the total investment of China's LED industry plan still reached 125.6 billion yuan, of which more than 40% of the funds are invested in multiple industries, even the entire industry chain. It is worth noting that investment made by non-LED companies into the LED industry has become an important part of the LED industry's investment. Such projects account for 45% of all investment projects, and the amount exceeds 65% of the total investment amount.
China's LED industry boom is closely related to government support. In March, the National Development and Reform Commission of China will explicitly spend 40 billion yuan for the purchase of LED street lamps and provide 30% financial subsidies for LED street lighting users. Local governments also responded that Guangdong Province stated that since March 1 this year, all lighting projects and new planned development areas of the province's financial investment will use LEDs in public lighting. In addition, the capital market's popularity with the LED market has not diminished, and it has become one of the most favored industries for venture capital and private equity investment. According to statistics, in 2011, seven LED industry enterprises in China have achieved IPO in A-shares, with an accumulated financing amount of 3.625 billion yuan. In February of this year, the IPO application announced by the China Securities Regulatory Commission on the list of companies under review, at least nine of them are related companies in the LED industry.
Chinese LED companies have won growth in low profits. According to statistics, during the “Eleventh Five-Year Plan†period, the scale of the IC industry doubled, and production and sales revenue increased from 26.58 billion and 70.2 billion yuan in 2005 to 65.25 billion and 144 billion respectively in 2010, accounting for a global volume. The proportion of the body circuit market increased from 4.5% in 2005 to 8.6% in 2010. The size of the domestic market has expanded from 380 billion yuan in 2005 to 735 billion yuan in 2010, accounting for 43.8% of the global market for integrated circuits. In 2011, under the economic downturn in Europe and the United States, exports of China's LED and other energy-saving products continued to reverse market growth by 25%, LED indoor lighting output increased by 75% year-on-year, product prices fell by 22% year-on-year, and output value reached 18.6 billion yuan, a year-on-year increase of 38 %. According to forecasts of relevant agencies, benefiting from government support and price reduction, China's LED indoor lighting output value will reach 30.6 billion yuan this year, an increase of 64% year-on-year; in 2015 it will reach 99.3 billion yuan, and the compound growth rate of indoor lighting output value scale in the next 4 years will be It reaches 52%.
First, the global energy issue has attracted much attention. The scale of LED lighting market continues to grow In 2011, energy issues continued to receive attention, and the LED lighting market rapidly emerged. According to the latest data from DIGITIMES Research, in 2011, the high-brightness LED market grew from US$8.25 billion in 2010 to US$12.6 billion, with an annual growth rate of 53%. Promoted by the policies of major countries, LED luminous efficiency is significantly improved, the overall design of lighting fixtures tends to be mature, and the price of LED lighting is estimated to fall by 20% to 30% each year. The penetration rate of LED lighting is expected to continue to increase. From the replacement of LED light sources for low-power residential buildings to the full set of LED lighting equipment for high-power commercial and industrial applications, the demand for various types of LED lighting applications is rapidly increasing. It is estimated that the global LED lighting market will reach USD 21.7 billion in 2015, and it is expected that the sales volume of power supply equipment will reach 4 billion units in 2016, with a total output value of USD 10 billion.
Second, Asian LED industry ranks first in the world, Japan, South Korea, and China market development can be expected in 2010, Asia has become the main production base of LED, Japan, South Korea and China's overall market share reached 81.3%. Among Asian countries, South Korea has the fastest growth rate. In 2002, it invested in the development of the LED industry. After creating the LED backlight LCD TV market in 2009, it actively expanded its production to ensure the source of crystal grains. By 2010, the market share has approached 10%. With its strong quality and technological development capabilities, Japan has secured its leading position in the global LED industry. Its market share reached over 50% from 2000 to 2005. It was affected by Taiwan’s economies of scale and low-price strategy from 2006 to 2010. South Korea and South Korea actively dominated the market and their global market share fell to 41.5%. As far as China is concerned, Taiwan’s market share has remained at around 20% between 2003 and 2006, and it has grown year by year, reaching 25.3% by 2010; China continues to grow slightly, with a market share of only 5 in 2010. %. Under the background of continuous growth in South Korea and China, Asia will continue to be the global LED industry leader. It is estimated that in 2012, the annual growth rate of the global high-brightness LED market will be 13.4%, and the scale will reach 10.1 billion US dollars. The proportion of high-brightness LED markets in Japan, Korea, and Taiwan will total 61.3%. Only by grasping the development of Asia's LED industry, can we better grasp the global development context of the LED industry.
Third, the high price of electricity and special light culture in Europe, helping the LED lighting industry to take off The European overall lighting market is relatively mature, but its high price and special light culture, making commercial lighting and outdoor architectural lighting applications on LED applications continue unabated . According to LED inside of the research department of Trend Force, in 2011, the European LED lighting market has exceeded US$2.08 billion and is expected to increase to US$3.01 billion this year. At the same time, due to the EU's overall ban on incandescent light bulb policy, the market growth rate is expected to rise sharply. It is estimated that in 2015 European LED lighting industry will reach 10 billion US dollars, and the compound annual growth rate between 2011 and 2015 is expected to reach 49%, which will become the successor to Japan. After the next fast-growing mature LED lighting market.
European high price policy and special light culture are important factors that promote the rapid development of its LED industry. The high electricity price is good for the popularity of LED lighting. Take a 7-watt LED bulb that can replace the traditional 40-watt incandescent bulb as an example. If you point it 8 hours a day and calculate it with EU-27, one LED bulb per month will Saving $2 more than traditional incandescent lamps, more energy-efficient outdoor lighting or commercial lighting will save even more money. European light culture focuses on creating a light environment, rather than simply highlighting the type or brightness of lamps. Taking Lyon, France as an example, the government puts out some budgets each year to invest in lighting construction, and holds lighting festivals to set up a joint LUCI (International Urban Lighting Association) project that integrates lighting and urban culture with both sightseeing and economic benefits.
Fourth, China's LED industry boom continues unabated, creating growth in low profits Although the OEM's development model has severely squeezed the profitability of Chinese LED companies, domestic companies' confidence in the industry's future has not diminished. According to the data, from January to July 2012, the total investment of China's LED industry plan still reached 125.6 billion yuan, of which more than 40% of the funds are invested in multiple industries, even the entire industry chain. It is worth noting that investment made by non-LED companies into the LED industry has become an important part of the LED industry's investment. Such projects account for 45% of all investment projects, and the amount exceeds 65% of the total investment amount.
China's LED industry boom is closely related to government support. In March, the National Development and Reform Commission of China will explicitly spend 40 billion yuan for the purchase of LED street lamps and provide 30% financial subsidies for LED street lighting users. Local governments also responded that Guangdong Province stated that since March 1 this year, all lighting projects and new planned development areas of the province's financial investment will use LEDs in public lighting. In addition, the capital market's popularity with the LED market has not diminished, and it has become one of the most favored industries for venture capital and private equity investment. According to statistics, in 2011, seven LED industry enterprises in China have achieved IPO in A-shares, with an accumulated financing amount of 3.625 billion yuan. In February of this year, the IPO application announced by the China Securities Regulatory Commission on the list of companies under review, at least nine of them are related companies in the LED industry.
Chinese LED companies have won growth in low profits. According to statistics, during the “Eleventh Five-Year Plan†period, the scale of the IC industry doubled, and production and sales revenue increased from 26.58 billion and 70.2 billion yuan in 2005 to 65.25 billion and 144 billion respectively in 2010, accounting for a global volume. The proportion of the body circuit market increased from 4.5% in 2005 to 8.6% in 2010. The size of the domestic market has expanded from 380 billion yuan in 2005 to 735 billion yuan in 2010, accounting for 43.8% of the global market for integrated circuits. In 2011, under the economic downturn in Europe and the United States, exports of China's LED and other energy-saving products continued to reverse market growth by 25%, LED indoor lighting output increased by 75% year-on-year, product prices fell by 22% year-on-year, and output value reached 18.6 billion yuan, a year-on-year increase of 38 %. According to forecasts of relevant agencies, benefiting from government support and price reduction, China's LED indoor lighting output value will reach 30.6 billion yuan this year, an increase of 64% year-on-year; in 2015 it will reach 99.3 billion yuan, and the compound growth rate of indoor lighting output value scale in the next 4 years will be It reaches 52%.
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