Analysis of the global market development of LED industry

LED lighting is the trend of the next generation lighting products. On the one hand, long life, high luminous efficiency, low energy consumption characteristics, the LED lighting has the incomparable advantages of traditional lighting lamps; on the other hand, energy saving and environmental protection, to create a "LED industry and the current national advocacy of green low-carbon life" policy. As a new industry, LED has formed a complete global industrial chain layout.

First, the global energy issues of concern, LED lighting market continues to grow

2011, energy issues continue to be recognized, the rapid rise of the LED lighting market. According to the latest DIGITIMES Research data show that in 2011, the high brightness LED market size grew from $8 billion 250 million in 2010 to $12 billion 600 million, an annual growth rate of up to 53%. By the world's major national policies to promote LED lighting luminous efficiency significantly improved, the overall design maturity and LED lighting price forecast year will affect 20% ~ 30% down space and other factors, LED lighting penetration is expected to continue to increase. From the use of low-power residential LED light source, to a high power commercial and industrial use of a full range of LED lighting equipment, various types of LED lighting applications are rapidly rising demand. Global LED lighting market size is expected to reach $21 billion 700 million in 2015, and is expected to drive sales of power supplies reached 4 billion units in 2016, the total output value of $10 billion.

Two, Asia LED industry ranks first in the world, Japan, Korea, the market can be developed

In 2010, Asia has become the main production base of LED, Japan, Korea and China's overall market share reached 81.3%. Asian countries, South Korea's fastest growing investment in 2002, the development of LED industry, 2009 to create the LED backlight LCD TV market, to ensure grain sources, actively expand production, to 2010 market share approaching 10%. Japan with quality and strong technical development capabilities, leading position in the global LED industry, from 2000 to 2005 market share reached more than 50%, from 2006 to 2010 in Taiwan affected the economies of scale and low-cost strategy, coupled with China and South Korea leading to seize the market, its global market share fell to 41.5%. It China, Taiwan area from 2003 to 2006 years, the market share remained at about 20%, then increased year by year, to 2010 has reached 25.3%; China, continued slight growth in 2010, the market share of only 5%. South Korea and China is expected to continue to grow in the context of Asia will remain the global LED industry leadership. It is estimated that in 2012 the global high brightness LED market value of the annual growth rate of 13.4%, the scale of $10 billion 100 million, Japan, South Korea, Taiwan, China, the proportion of high brightness LED market will reach up to 61.3%. Only grasp the Asian LED industry development in order to better grasp the global development of the LED industry context.

Three, the high price of electricity in Europe and special light culture, help LED lighting industry took off

The overall lighting market in Europe is relatively mature, but its high price and special light culture, making commercial lighting and outdoor architectural lighting applications demand for LED continued unabated. According to technology (Trend Force)'s research department LED inside statistics, in 2011, the European LED lighting market has exceeded $2 billion 80 million, is expected to increase to $3 billion 10 million this year. At the same time, affected by the comprehensive ban of incandescent bulb policy, the market growth rate is expected to rise significantly, is expected in 2015 the European LED lighting industry will reach $10 billion, 2011 to 2015 compound annual growth rate is expected to reach 49%, will become Japan after a fast growing mature LED lighting market.

European high price policy and special light culture are the important factors to promote the rapid development of LED industry. High price for the popularity of LED lighting is good, with a 40 watt incandescent bulb to replace the traditional 7 WATT LED bulb lamp as an example, if every 8 hours, and the EU-27 price calculation, a monthly LED than traditional incandescent bulbs will save $2 in electricity consumption, higher outdoor lighting or commercial lighting will save more costs. The European light culture focuses on creating a light environment, rather than simply emphasizing the type or intensity of the luminaire. In France as an example, the government budget every year to come up with some light construction, and the establishment of the International Festival of lights, city lighting (LUCI), the joint household lighting and city culture together, both tourism and economic benefits.

Four, China's LED industry boom unabated growth in low profits

Although the development model of OEM squeeze the profit margins of Chinese LED enterprises, but the confidence of domestic enterprises in the future of the industry has not weakened. Statistics show that from 2012 to 1 in July, China's LED industry plans to add a total investment of up to 125 billion 600 million yuan, of which more than 40% of the funds are invested in a number of industrial sectors, and even the whole industry chain investment. The concern is that non LED enterprises entered the LED industry of investment has become an important part of LED industry investment, such projects accounted for 45% of all investment projects, total investment amount of more than 65% of the amount.

China's LED industry boom is closely related to government support. March, China's national development and Reform Commission will spend 40 billion yuan for the purchase of LED street lamps, and LED street users to provide financial subsidies of 30%. Local governments have responded, Guangdong province since March 1st of this year, the province's financial investment in the construction of new lighting engineering and development of new areas, the use of LED in the field of public lighting. In addition, the capital market has not diminished the degree of favor of the LED market has become one of the most favored investment in venture capital and private equity. Data show that 2011