2015 LED lighting accelerate integration of mergers and acquisitions industry trend

Introduction: this year is the popularity of LED lighting, next year, the popularity of LED lighting will accelerate, LED lighting output next year is expected to exceed the value of traditional lighting, lighting industry has become a turning point. At the same time, LED industry consolidation intensifies next year will be more mergers.

Universal acceleration

National semiconductor lighting engineering research and development and Industry Alliance executive vice secretary Nguyen yesterday (9), said the 2015 LED lighting will accelerate the popularity of. Last year (China LED lighting products) exports $5 billion 500 million in the third quarter of this year has reached $7 billion, is expected to be over $10 billion, an increase of double. Ruan Jun said. Nguyen army then said that China from October 1st this year out of more than 60 watts of incandescent light; economic recovery in Europe and the United States, a few BRIC countries, the India government is also promoting the popularity of LED lighting, so the popularity of LED accelerated. Wang Donglei also said: next year, the popularity of LED lighting will usher in the peak, in 2015 the goal is 50% of the product for LED lighting. "

According to the forecast, in 2013 ~2015 global lighting market overall growth was 36%, 37% and 38%, of which residential LED lighting market demand grew by 157%, respectively, over the same period, and 62%. Industry insiders expect the LED industry next year will have nearly 30% growth, which will increase the indoor LED lighting next year will be as high as 50%~60%. Next year, the penetration rate of LED lighting will reach 50% in 2017 to reach further penetration of 80%. 2015 is the rapid popularization of LED lighting years, will become a turning point, LED lighting output value will exceed the traditional lighting. The above said.

More mergers

With the acceleration of popularity, "another problem is competition," Nguyen said, "small and medium enterprises, greater pressure. Industry mergers and acquisitions is a trend. "

Industry research also believes that next year more intense competition. This year a lot of corporate cash flow is tight, some gross margin declined, forced to collapse. Next year more failures, mergers, because many SMEs are difficult to do. This year a lot of manual workshop closed down next year, the larger the enterprise will collapse. Recently, the packaging factory in Guangzhou 'huge' on the upside, because the quality, price than the listed companies, however, into the scale, profit growth back. "

In recent years, LED industry mergers and acquisitions. LED chips in the field of mergers and acquisitions, larger space. Wang Donglei believes that the peak of the domestic 60~70 home LED chip factory, some mismanagement, discontinued, and now only more than and 20. LED chip project investment is huge, due to the back of each LED chip factory, most of them have local government support, so it is the most difficult to integrate.

However, recently a lot of (chip) factory to find me (talk about mergers), Wang Donglei revealed. But he believes that most will be gradually phased out, there is no acquisition value, LED chips in China, the integration of the world are required".

As for the technical direction, the industry believes that LED technology has changed a lot, the technical direction of upstream, midstream and downstream are not fixed, the flip chip is currently only in the high power field alternative dress chip, can become the trend remains to be seen. The Nguyen army believes that LED flip chip is a trend, because single chip efficiency, cost reduction, but the packaging plant, customer acceptance takes time.