With the global ban on incandescent lamps, the rising tide of LED replacements, the important trend in the global lighting market in 2013 is that with the rapid decline in the price of alternative lighting products, the replacement of global LED lighting products.
In China, a global LED application country, since 2012, the country has released the “Planning of Incandescent Lamps Roadmap†and decided to gradually ban the import and sale of ordinary lighting incandescent lamps from October 1, 2012. In 2013, the Chinese government further supported the LED industry. The State Council’s “Opinions on Accelerating the Development of Energy Conservation and Environmental Protection Industry†and the Sixth Committee “Semiconductor Lighting Energy Conservation Industry Planning†were successively issued, which clarified the important position of LED lighting in energy saving and emission reduction. . In addition, the Chinese government is also working hard to promote the development of the LED lighting industry through subsidy policies and an active role.
In the European and American markets, starting from 2014, European and American countries began to phase out the 40-60W incandescent bulbs with the largest consumption in the civilian market, providing a favorable opportunity for the popularization of LED lighting products. This will also stimulate global LED lighting manufacturers to accelerate the pace of layout of LED lighting, and further push up the global LED lighting penetration rate. The US government's support for LED lighting is gradually increasing, and the number of subsidies for energy stars and other lamps has increased rapidly, which has led to further reduction in the price of LED lamps. CREE and other manufacturers are optimistic about the development of the LED lighting market in 2014, and expect that the sales growth of replacement lamps will become the focus of the next business growth. In Europe, where the market is relatively mature, although large-scale subsidy policies have not been seen, its high electricity prices and differences in light culture have made the demand for commercial lighting and outdoor architectural situation lighting applications continue to exist. In the next few years, with the impact of the comprehensive ban policy of incandescent bulbs, it is estimated that the market will continue to show steady growth.
As an industrial power in the LED field, Japan has also played a very important role in promoting the development of the world LED industry. As early as 14 years ago, Japan has begun to implement the 21st Century Light Plan to promote the development and industrialization of semiconductor lighting technology. It is one of the first countries in the world to start supporting the LED industry policy. In recent years, with the support of the Japanese government, the LED lighting industry has grown rapidly. At the same time, Japan's domestic awareness of energy conservation is soaring, especially after the Great East Japan Earthquake that occurred more than two years ago, the government has proposed a low-carbon society (energy saving and carbon reduction). Among them, LED lighting products have become popular at a rapid rate and have become representative of energy-saving products.
In addition, in emerging markets such as Brazil, India, Vietnam, Russia and other countries and regions, various plans and drafts have also been introduced to support the development of the LED lighting industry. The demand for LED lighting products in these regions is obviously rising, and the LED lighting market is showing rapid growth, especially in the LED public lighting and commercial lighting markets.
According to GSCResearch, LED lighting is currently on the eve of the outbreak, and the penetration from 15-60 will be completed in the next 1-3 years, and a large number of LED lighting market demand will be released. On the one hand, favorable support policies and rapidly falling product prices have directly driven the rapid growth of the LED lighting market, but on the other hand, the current LED lighting industry still has overcapacity, price wars, rising costs, and channel construction investment. A large number of problems, as well as the dilemma of increasing income and increasing profits, have also caused some listed companies to face bottlenecks in development. In the early stage of the LED lighting era, how to solve these problems by LED lighting companies has become the focus of attention.
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