2014 domestic LED lighting market to maintain rapid growth

2014, China's LED industry will continue to rise in 2013, continue to maintain rapid growth, is expected to grow at around 40%.

2013, China's semiconductor lighting industry as a whole to pick up, the overall size of 257 billion 600 million yuan, an increase of more than 2012 of 34%, while the LED general lighting market has become a strong driving force to become the biggest driving force. According to an authoritative survey shows that China's domestic LED lighting products yield more than 810 million, domestic sales of only 400 million months, LED lighting market penetration reached 8.9%. Exports doubled compared to 2012, reaching 410 million. Exports also increased by 71% compared to 2012, reaching $5 billion 500 million. 2014, China's LED industry will continue to rise in 2013, continue to maintain rapid growth, is expected to grow at around 40%.

Many research institutions expressed optimism about global demand for LED lighting. Foreign securities forecast, in 2014 the global LED lighting demand will increase by 60%, of which the largest growth in household lighting, will be greatly increased by 90%. Some good news is undoubtedly into the tonic for LED enterprise development in 2014:

2014 domestic LED lighting market to maintain rapid growth

Incandescent out of the U.S. market

Beginning in January 1, 2014, inefficient incandescent will be fully withdrawn from the U.S. market, 40 watts and 60 watt incandescent lamp will eventually stop production. To some extent, this is equivalent to the government involved in the lighting market, before the end of the incandescent lamp is eliminated by consumers. Many of the world countries and regions have also promulgated a comprehensive incandescent lamp of policies and regulations, the European Union and Japan. In 2012 a total ban on the use of incandescent lamps, such as the United States and Canada from 2012-2014 most of the phasing out of incandescent lamp.

In November 2011, China issued the "China phasing out the incandescent light road map", is expected in 2016 after the general lighting incandescent lamp will exit the domestic general lighting market. From 2013 China's LED lighting exports, the EU is China's largest export market for LED lamps, accounting for 28% of the total, North America is China's market of second, accounting for more than 18%. As can be seen, incandescent exit the market is undoubtedly the biggest good news LED development.

Retail price drop

LED products from the procurement and distribution center - Huaqiang LED Trading Center learned that the price of T5LED fluorescent lamp at around 30 yuan, with the average market price of ordinary fluorescent lamp. 5W bulb price is generally at 20 yuan, to further narrow the price and energy-saving lamps.