The next two years, LED lighting market is still the focus of investment

Due to the increasing demand for energy saving and emission reduction in the commercial and industrial enterprises, the government has more stringent requirements on the emission reduction of the large power consumers, and the LED lighting market is relatively active in the whole market downturn.

LED lighting to replace the traditional fluorescent lamp in the home side of the impact is still there is a gap, but the government supports the development of the project and the commercial sector is showing rapid momentum. In the process of LED lighting products and the rapid decline in the price of traditional lighting in the process, LED backlight penetration time of rapid rise.

Since the commercialization of LED, the cost per lumen decreased by about 20% per year. According to the U.S. Department of energy, the cost of the lumens of white LED package from 25$/klm in 2009, fell to 2$/klm in 2015, the average annual decline in the cost of more than 30%, while the average annual decline of nearly 40%. years 2010-2012 we believe that 2011-2012 will be LED with the traditional lighting price difference time of most rapid decline, LED lighting penetration will produce a leapfrog growth during this period.

LED light source on the same process will be repeated, LED lighting products, the first alternative in the commercial, industrial areas, after a good demonstration effect, and then gradually spread to the field of home lighting. At present, the traditional lighting including fluorescent lamps, incandescent lamps, halogen lamps, HID general lighting, each accounted for revenue of 36%, 23%, 16%, 13%. with the incandescent lamp in the disabled, alternative will replace the incandescent lamp, LED lamp for fluorescent lamps for incandescent lamp and fluorescent lamp is synchronized.

According to our estimates, using $/lm as a measure of two times in 2012 about the cost of LED lighting will be reduced to a fluorescent lamp, such as the calculation of the LED relative fluorescent lamp is about 2.5 times, will make life, around 2012 the total cost of LED lighting ahead of fluorescent lighting. Therefore, we believe that large-scale replacement of LED lighting will be launched by the end of 2011, early in 2012, 2011-2012 will be an important investment in the LED lighting industry.