Guangdong LED industry scale of 120 billion next year

Reporter yesterday from the Guangzhou Municipal Economic and Trade Commission was informed that the Guangzhou International Lighting Exhibition will be opened on the 9 of this month, the exhibition feedback information shows that the blowout of domestic and foreign led LED investment demand, caused by heat, each capital will be eating in this emerging industry trillion market. 2015, Guangdong is expected to exceed 300 billion yuan LED scale.

Market size over one trillion

Reporters yesterday from the Guangzhou Municipal Economic and Trade Commission was informed that the Guangzhou International Lighting Exhibition has become the world's first lighting exhibition, the exhibition this year reached 200 thousand square meters, the exhibition began in June 9th set up the Asian LED exhibition, LED products covering 12 pavilions, display size of 100 thousand square meters, accounting for half of the show, and LED more than 1400 exhibitors.

Experts Chinese Lighting Appliance Association said, "12th Five-Year" plan will LED into one of the strategic emerging industries, at the same time, energy saving and environmental protection has become one of the indicators of local government assessment, the country vigorously promote green lighting, traditional lighting products lead to upgrading the national street light peak, replacement, there are 450 billion of the market, the market size will not be less than trillion. In the last year, the national Ministry of industry to solve the problem of LED standards. All capital therefore have rounded out the LED industry.

60% of the country's lighting companies gathered in Guangdong. According to the economic and trade departments concerned, LED is listed as one of the top three emerging strategic industries in Guangdong Province, Guangdong Province, according to the LED development plan, by 2012, the scale of LED industry reached 120 billion yuan; by 2015, LED industrial scale exceeded 300 billion yuan. In the "12th Five-Year" period, a total of 3 million outdoor LED lighting applications, the promotion of the interior of the 30 million LED lighting, urban lighting to achieve the goal of saving electricity by 20%.

For the application to achieve 30 million indoor LED lighting lamps, will encourage schools, government agencies and businesses to make the transformation of LED lighting engineering scale, the provincial finance and the municipal government according to the application of the scale, giving 20% ~ 30% subsidies. According to estimates, if the LED products to replace the province's millions of street lamps, the potential market size of up to tens of billions or even hundreds of billions of dollars.

Exports will exceed 10% this year

According to the Guangzhou International Lighting Exhibition Organizing Committee official Pan Wenbo introduction, because some countries have limited the use of incandescent lamps, making the LED lighting market is rapidly expanding. Last year, lighting electrical products exports amounted to 18 billion 570 million US dollars, and this spring in a Chinese lighting and electrical accessories supplier survey, 2011, up to 93% of the respondents expected exports this year will achieve the supplier double-digit growth is expected, some suppliers will rise more than 30%.

Some experts pointed out that large-scale replacement of LED lighting will be launched by the end of 2011, early 2012, the next two years will be an important investment point LED lighting industry. Pan Wenbo reminder, when companies invest in LED, we must take into account the saturation of the LED industry chain, to prevent duplication of investment.