2014 LED ushered in the biggest flashpoint

LED ushered in the biggest flashpoint. At present the price of LED lighting products have entered the sweet spot, overseas incandescent ban is the biggest catalyst LED drive current round of general lighting a big market.

LED the current round of market logic is the main driver of general lighting. Unlike the previous backlight and market driven commercial lighting, general lighting is a real sense of one hundred billion market, expects global domestic lighting market scale in 2014 will exceed 100 billion for the first time, 2015 is expected to reach 160 billion yuan, the next two years to review the growth of around 60%.

2014 LED ushered in the biggest flashpoint

LED ushered in the biggest flashpoint

At present the price of LED lighting products have entered the sweet spot, overseas incandescent ban is the biggest catalyst LED drive current round of general lighting a big market. Customs data, mainland LED lighting products export growth in the second half of last year, a single month were more than 40%.

The two major North American markets in the US and Canada in January 2014 and banned 60W following the incandescent lamp, lighting and their consumption accounted for 1/4, since the channel ahead of distribution, the rapid growth of exports of North America market. This is also the second half of last year, the LED industry is not short off-season core driving factors. Taiwan market is also popular, the performance of lighting companies are better than the backlight and upstream chip companies. The current overseas market driven pattern is expected to enhance the concentration of the industry. In August last year, the EU announced a new energy efficiency standards for LED lighting products, the industry has entered a substantial increase in the threshold.