Global LED industry has entered the eve of the outbreak of lighting

Global LED into a global focus on energy saving and emission reduction

The promotion of LED has become the focus of energy saving and emission reduction in global, national LED promotion plan is as follows: Japan, in 1998 launched the first in the world in twenty-first Century "lighting" plan, and complete the replacement with 50% white LED lighting and conventional lighting in 2006, the entire budget of 6 billion yen. The United States, "the next generation of lighting plan" planning since 2002 is divided into 3 stages, the timetable for implementation according to the plan, during the period of 2002~2020, the cumulative energy saving plan 760GW, reducing the discharge of pollutants 2.58 tons of coal, less to build 133 new power plants (each 1000MW), saving expenditure of $115 billion. The European Union, the "Rainbow plan" at the end of July 2003, during the 42 months of the rainbow project mainly to promote two key market growth, is a high brightness outdoor lighting, such as traffic lights, outdoor signs, car lamp; two is a high density optical disc storage, such as for multi media environment. South Korea, "solid state lighting plan" was approved by the government, the 2004-2008 government invested $100 million in 2008, the company provided 30% of the matching funds, the program aims to achieve luminous efficiency of up to 80 lumens / watt. China, Ministry of science and technology and the Ministry of information industry, Chinese Academy of Sciences, the Ministry of construction, Light Industry Federation, the Ministry of education and other ministries as well as Beijing, Shanghai and other eleven local government set up a national semiconductor lighting project coordination leading group, officially launched the "National Semiconductor Lighting project", plans to invest 100 million yuan of funds to guide in the "fifteen" period the "fifteen" period, industrial investment has more than 1 billion yuan.

At present, countries and regions around the world have been listed on the incandescent lamp ban program is as follows: Taiwan, China, in 2012 a total ban on the use of incandescent lamps. Japan, 2012 to stop the manufacture and sale of high energy consuming incandescent lamps. The EU, lighting fixtures set the minimum efficiency limit, in 2012 a comprehensive ban on the use of incandescent lamps. Australia, in 2010 banned the use of incandescent light, in 2012 a comprehensive ban on the use of incandescent lamps. Canada, in 2010 banned the use of incandescent light, in 2012 a comprehensive ban on the use of incandescent lamps.

Upstream chip market share growth

2012, the overall size of China's semiconductor lighting industry reached 192 billion yuan, representing an increase of $156 billion in 2011 of 23%, the growth rate has slowed down in recent years, the domestic semiconductor lighting industry the lowest growth rate. Upstream epitaxial chip, midstream packaging, the scale of downstream applications were 8 billion yuan, $32 billion and $152 billion. Among them, in 2012 the domestic enterprise chip revenue growth of 23%, reaching $8 billion, in 2011 the domestic GaN chip production capacity utilization rate of around 50%, the annual output of only 115 billion, output growth of 63%, far greater than the growth rate of output value. Overall, chip localization rate reached 72%, has also made great progress in lighting applications, especially small and medium power lighting application of domestic chip competitiveness gradually, although the lighting chip market share is still low, about 25%, but in 2011 17% compared to a big increase.

Midstream packaging production grew 32% last year

2012, China's LED packaging industry reached 32 billion yuan, representing an increase of $28 billion 500 million in the year of 2011, the output increased from only 241 billion in 2011 to only $182 billion, an increase of 32%. From the product structure, the most obvious growth in SMD-LED packaging, accounting for about 50% of the entire LED device output, has become the mainstream of LED packaging products. In 2012 the focus of small size backlight Jufei and focus on large size backlight REFOND dominate, is expected to continue in 2013.

The fastest growing downstream applications but the price drop

In 2012, the overall size of China's semiconductor lighting applications reached 152 billion yuan, the overall growth rate of 24%, the whole industry chain is the fastest growing sectors, but affected by the price greatly reduced the growth rate in recent years has become the lowest. Lighting products, which grew by 40%, with a market share of 28% to continue to become the largest market share of the application. Production of LED lighting products more than 300 million, the domestic market demand for rapid increase, the proportion of the export products decreased to 56%; backlight applications rose 32%, accounted for the entire application value of 19%; the landscape application of mature growth slowed in 2012, 19%, in the entire application value in the proportion of 22%, compared with 2011 the LED display is reduced; the growth rate has slowed, the application value in the proportion dropped to 13%. With the further decline in prices, downstream manufacturers have been the first to feel the spring plumbing, can focus on.

The LED sector in the first quarter gross margin, net interest rate chain has achieved growth, a few enterprises to achieve a substantial increase in sales and net profit, indicates that the entire plate bottomed; development of new industries is roughly "industry rise high margin -- the country supporting - competitors flocked -- overcapacity -- gross profit drop - end product price -- the industry, with the imminent outbreak of lighting products prices to the sweet spot, LED industry has entered the initial stage of the outbreak of the lighting, in the first half of the market can be seen in one or two.