2014 LED lighting demand inflection point in China

According to China in November 2011 published "China phasing out incandescent roadmap": from October 2012 onwards, banning the import and sale of incandescent lamps and 100W above; from October 2014 onwards, the main market of 60W incandescent power will ban the import and sale of. Driven by the government's policy to eliminate incandescent light, in 2014 China's LED lighting market or fully open.

Since January 1, 2014, the United States a comprehensive ban of all incandescent lamps. At the same time, this year, the world's major countries and regions of the incandescent emission reduction plan into effect. Driven by the government's policy to eliminate incandescent light, in 2014 China's LED lighting market or fully open.

2014 LED lighting demand inflection point in China

In fact, by the downstream lighting, backlight demand outbreak, since the beginning of 2013 so far, China's LED industry has maintained a high degree of tolerance. This point, from the 2013 government procurement LED lighting products in the statistical data can be seen. In this regard, industry analysts pointed out that the inflection point of LED lighting demand appears to be the result of the integration of policy assistance and price market integration.

The characteristics of LED industry with high efficiency and environmental protection, the early stages of development by external forces to promote government procurement, LED lighting products and the government banned incandescent lamp policy on the one hand to expand production capacity, on the other hand, intensified market competition, the gross margin decline accelerated, LED lighting products prices fell sharply. In recent years, China's government procurement of LED lighting products statistics, the future of LED lighting products in the procurement of large-scale government procurement projects will continue to grow. But compared to hundreds of billions of dollars in government procurement market, the future of hundreds of millions of market is still in the field of terminal consumption.

It is predicted that China's indoor LED lighting penetration rate will increase in the next two years.