LED lighting is the only alternative to incandescent lamps

After the elimination of incandescent roadmap published, LED lighting plate has become a hot market, China Securities Journal reporter on some issues of concern to investors on the China Lighting Electrical Association chairman Chen Yansheng interview. Chen Yansheng said that the elimination of incandescent lamps can bring a certain market space for LED lamps, but led is not the only alternative, the industry is currently in the shuffle stage.

LED is not the only substitute

Reporter: according to phase out incandescent roadmap, October 1, 2012, ban the import and sale of 100 watts and above ordinary incandescent lighting; October 1, 2014, ban the import and sale of 60 watts and above ordinary incandescent lighting; from October 1, 2015 to September 30, 2016 for the mid-term evaluation period, to evaluate the policy, adjust the following October 1, 2016, banned the import policy; and sale of 15 watts and above ordinary incandescent lighting, or as the mid-term evaluation results are adjusted. How much of the market space can be eliminated by the elimination of incandescent lamps?

Chen Yansheng: in Beijing, such as large cities, the use of incandescent light is very small, but in the rural areas, including the underdeveloped areas, the amount of incandescent lamp is still very large, the annual output of about 1 billion. In the future, there will be energy-saving lamps, LED and halogen lamps in the future, and the domestic use of halogen lamps is still relatively small. The proportion of LED is relatively small, because the development of lighting in the field is not very mature, and the price is relatively high.

Reporter: in the process of substitution, LED lights the opportunity?

Chen Yansheng: LED is not the only alternative, there are certain opportunities, but the proportion of energy-saving lamps should be greater.

Reporter: energy-saving lamps pollution problems will become a hidden danger in the development process?

Chen Yansheng: energy-saving lamps mainly refers to the pollution of mercury in the lamp tube, there should be no big problem. On the one hand, the amount of mercury injection is less and less, the effect is obvious; on the other hand, the recovery measures will be improved in the future.

Reporter: some experts said the domestic LED light source output in 2010 was 150 million, in 2015 is expected to more than 1 billion 400 million, how do you see the market prospects of LED lamps?

Chen Yansheng: LED lighting in the application has just started, the market has not yet opened, the future prospects are broad. From the entire lighting industry, showing a sustained, rapid and stable development trend, the next five years, an increase of more than 10%. According to the industry "12th Five-Year" plan, the lighting industry in 2015 sales of 460 billion yuan, of which exports amounted to $25 billion. At present, LED lighting sales of 200-300 billion yuan, the future market share will be bigger and bigger.

Policy support should be adjusted

Reporter: policy has long been started to support the LED lighting industry, why now seems to be not obvious improvement?

Chen Yansheng: This is not the right way to support, the problem is not the enterprise, while the policy. Policy does not support the basis of research and development, support are "speculation", even as long as the investment LED to give money. Policy should not interfere with the investment of enterprises, and should allow enterprises to determine the direction of investment. It is not a normal phenomenon for enterprises to invest in government rather than experts.

Reporter: LED lighting industry, the emergence of business failures, the industry encountered any difficulties? What kind of enterprises can win after the reshuffle?

Chen Yansheng: LED lighting industry chain, including chips, packaging and downstream applications. After a period of overheated investment in the industry, the packaging of the production capacity is relatively large, but the downstream demand is not so large, resulting in some difficulties, the situation began to collapse. Relatively speaking, the higher profitability of the upstream link, but also have to do a good job, have their own core technology. The future will be able to win after the reshuffle must be in the economic strength, technical advantages of enterprises.