PHILPS: Lighting growth momentum of the year after the next year or up to the sweet point

LED in lighting applications market demand gradually mature, Philips Lumileds Asia Marketing Director Zhou Xuejun pointed out that as LED increases efficiency and price decline, will reach the sweet spot, the market will grow rapidly, the previous boom has doubts, especially Chinese, from the fourth quarter, the first half of next year to continue to grow.

Zhou Xuejun said, LED in lighting applications market is mainly driven by the demand for replacement, at present, the market penetration rate of about 20% street, restaurants, hotel decorative lamp is 15%, office lighting is less than 10%, because the first half, because of corruption led to a lot of public project pause, also let LED some growth retardation.

Continental holiday has been pulled ahead of time

TrendForce's LEDinside senior analyst Wang Fei pointed out that China stock adjustment, 7-8 month has a downturn, with lighting into the fourth season season, coupled with the international brand to customers next year and the Spring Festival holiday to pull ahead of the goods, so that the LED market began to warm from October this year, the estimated LED value of shipments growth compared to last year 6, output growth of 30% this year and next year, the market is quite, but because of this period has been high, therefore, the growth rate will not exceed this year next year.

Zhou Xuejun also said that with the street lamp case started from the fourth season, in the commercial and indoor lighting, driven by demand has begun to warm, the first half of next year will be back, which is, LED lighting market demand growth factor. He pointed out that the lighting market in the second half of last year after it, with LED lighting product prices continued to decline, the efficiency is raised, the next two years to estimate consumers expect the sweet spot, will further enhance the substitution effect.

Lighting growth is still the largest

Zhou Xuejun said that the 2014 -2018 LED application, still lighting growth kinetic energy is maximum, estimating the value of the annual compound growth rate is still as high as 19%, followed by 9% for automotive lighting, a compound annual growth rate of photographic applications also has 4% Flash LED. The current application of the largest panel backlight applications, it is because the penetration rate is close to 100%, the future is facing the pressure of recession, the annual compound growth rate of -5%.

Although the company actively involved in car market layout, but mainly in medium and small power car, the headlights must use high power LED lamp, this part of the entry threshold is higher, so is OSRAM, PHILPS and Nichia to carve up the market.

LED manufacturers across the Taiwan Strait actively into the lighting application market, with the growth of the lighting market, the market share of the two sides increased significantly. From the 2013 statistics, Japan is still leading the LED industry, the market share reached 27%, South Korea remained at 27%, the Taiwan and mainland respectively to 16% and 10%, the market share of about 13%, Europe is 8%. Zhou Xuejun optimistic about the status of Taiwan LED manufacturers in the global market, Taiwan plant in the power market leader, and to high power products.

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