Forecast: LED lighting market potential will continue for ten years

Review: the market looks firm LED industry chain information shows that the next 3~5 years, LED lighting will be large-scale popularization, the industry will be a small amount of excess capacity to tight balance, prices tend to stabilize.

At the end of the year and the beginning of the overall market downturn, but the upstream LED industry has showed a good trend is not short off-season ". After a brutal baptism of the market, in 2014 the LED industry boom beyond last year, full of vitality. The market firm bullish LED industry chain information display the next 3~5 years to mass adoption of LED lighting industry production by a small margin of excess to tight balance, prices stabilized, will achieve LED lighting revolution in the true sense.

Forecast: LED lighting market potential will continue for ten years

Predicted that in 2014 the global LED lighting products shipments will grow by 68% compared to 2013. Among them, the growth rate in North America is expected to reach 72%, the Chinese mainland market LED lighting product usage growth rate will reach 86%. Meanwhile, under the support of the policy, the progress of domestic LED manufacturers will be significantly accelerated, in terms of industrial integration and technological progress may open a new situation. From a deterministic point of view, the agency generally believe that the LED lighting industry in 2014 to determine the growth, penetration into a sharp rise in the stage, and therefore optimistic about the growth of the LED industry.

For example, a research report said: incandescent ban global plan of major countries and regions of the batch effect stage and the decline in the cost of LED lighting to enter in 2014, the outbreak will trigger the LED general lighting market. The LED lighting market is a large market of hundreds of billions of levels, will be expected to make the industry to maintain a wave of 3~4 year cycle opportunities. LED industry has experienced over the past few years, leading to rapid price decline in capacity of pile up in excess of requirement of enterprise gross margin decline and serious adverse situation, the price dropped to a certain extent, incandescent ban policy into effect, stimulating rapid increase in demand for LED general, LED corporate earnings is expected to enter the fast rising channel.