Global incandescent lamp replacement market is about to open, in 2009 -2012 annual global lighting output compound growth rate is expected to reach 13.9%.
2010 global lighting market size of $92 billion 800 million is almost 10 times the entire LED industry, the world's incandescent lamp production ban triggered by the replacement of lighting will create a huge market demand for energy-saving lamps and LED.
This year, the price of rare earth phosphors rose nearly ten times, energy-saving lamp production costs will also increase. Three primary fluorescent powder is the main raw material for energy saving lamps, before the rise in the price of the three primary colors fluorescent powder, fluorescent powder at the beginning of the cost of energy-saving lamps accounted for only about 10%, the proportion of the cost of the current rise to nearly $60%. In order to cope with the rapid rise in the cost of the enormous pressure, energy-saving lamp companies continue to increase product prices, and accelerate the transformation of LED lighting. Rare earth prices become energy-saving lamp replacement pain.
LED industrial policy is becoming more and more perfect, the price of LED lighting products is decreasing rapidly. LED lighting industry as a new energy saving and environmental protection industry, has been well received by the state, semiconductor lighting 12th Five-Year plan is about to be introduced in September. At the same time, with the introduction of national standards for LED products, some LED products are expected to be included in this year to enjoy financial subsidies, industrial lighting, commercial lighting may start a wide range.
LED lighting industry preferred targets for honglitronic and refond. Honglitronic more than 70% of the products used in the field of general lighting, and has high and stable gross margin, and LED commercial lighting business 20%. More than 50% of the products are LED lighting. Secondly, select nationstar, Chau Ming technology and Alto electronics, this kind of company LED lighting business to further expand the growth trend; selection of Yankon, and FSL have audio based transformation of the traditional lighting companies.
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