2014 LED lighting industry consolidation increased market competition

From the understanding of the industry chain, the new project on the outdoor 100% are LED, according to the new project has a LED of 80%, home lighting has a LED of 90%. This year there will be no business to invest in R & D costs on the traditional lighting, and put into the LED.

2013, the scale of domestic LED lighting is 260 billion yuan, an increase of 28%. Indoor lighting growth reached 90%, the next year's growth is still very fast. From the understanding of the industry chain, the new project on the outdoor 100% are LED, according to the new project has a LED of 80%, home lighting has a LED of 90%. This year there will be no business to invest in R & D costs on the traditional lighting, and put into the LED.

2014 LED lighting industry consolidation increased market competition

Last year, the monthly production capacity of lighting manufacturers is 1 million units, the current monthly production of 8 million sets of enterprises have emerged, the end of the year will reach 10 million.

By 2015, LED lighting penetration will reach 60% in 2018 to reach 80%.

But in the next 5 years, other applications such as backlighting, display into the slow growth period, the growth will not exceed 15%.

In the context of the rapid start of indoor lighting, the number of traditional lighting to LED lighting reached the peak, coupled with the original LED enterprises, the total number of enterprises will reach 15000. The original traditional lighting market is the 10000 domestic enterprises, LED lighting is to replace the demand, the market space is fixed, the more out of the 5000 must be integrated.

From 14 years, the industry began to increase integration, market competition will be very fierce.