LED lighting industry: this year into the growth period

2014, China and the United States PV market will remain the main source of incremental global PV market. Domestic distributed photovoltaic power generation has a larger space for development.

In the context of income doubling plan, China will enter a stage of consumption upgrade. 2014 LED industry will begin to reshuffle, the probability of future business turnover in the tens of millions of below the probability of survival. 2014, China and the United States PV market will remain the main source of incremental global PV market. Domestic distributed photovoltaic power generation has a larger space for development.

LED lighting industry: this year into the growth period

2013 is an exciting year, due to the rapid development of the lighting industry, driven by the middle and lower reaches of the production capacity has been fully exploited, but also to allow overcapacity has slowed. 2013 is also a very anxious year for the industry, although a lot of orders, revenue growth, but because of the price war, resulting in lower gross profit margins.

With the development of LED technology in China, the price performance ratio of LED lighting products is getting close to or even lower than that of traditional lighting. 2013 was considered a lot of LED industry is the best year, product sales all the way to go, but the product homogeneity, price war, low margin and other issues also plagued the development of the industry as a whole.

Forecast, in 2013 China's LED industry output value will reach 263 billion 800 million yuan, an increase of 28%. The next five years, LED applications in addition to indoor and outdoor lighting, automotive lighting, special lighting, other areas will enter a period of slow growth.