National policy to support LED lighting will accelerate the replacement of traditional lighting

Back to China, the price of LED lights continued to fall, has been basically reduced to the threshold of civil, coupled with the support of national policy, LED lighting will accelerate the replacement of traditional lighting.

In January 1, 2014, the United States announced that it would no longer produce and sell 60 watts and 40 watts of incandescent light; at the same time, Canada officially banned the use of incandescent lamps of 75 WATTS and 100 watts. The European Union in 2012 banned the sale of incandescent lamps. Back to China, the price of LED lights continued to fall, has been basically reduced to the threshold of civil, coupled with the support of national policy, LED lighting will accelerate the replacement of traditional lighting.

National policy to support LED lighting will accelerate the replacement of traditional lighting

LED market is expected to continue after the projection, the plum to open two degrees

The market is expected to increase the demand for LED lighting feel more clear, 2014 is expected to be the outbreak of the year, in the base of the year in 2013, is expected to have more than two times the expected increase in optimism, is also expected to double. "A domestic LED chip manufacturers executives said. This estimate is not without basis.

Reported that the world's major lighting manufacturers are optimistic about the light-emitting diode (LED) lighting market prospects. It is expected that in 2014 the global LED bulb demand will grow by 86%, LED demand will grow by 89%.

On the other hand, the overseas market has also given the opportunity for Chinese enterprises. General Administration of Customs estimates in the fourth quarter of 2013, LED lighting products export growth of more than 80%. 2014 the size of the global commercial and civilian lighting market will be the first breakthrough billion, is expected to reach 160 billion yuan in 2015, the next two years, the compound growth rate of about 60%. Compared with other growth industries, the current valuation of the LED sector is still relatively reasonable, the benchmark 2014 PE was only 24 times, much lower than other growth stocks.

The LED industry has performance support, is expected to achieve high growth in the first quarter. Once the performance of the industry in the future confirmed the upward trend of the industry, will bring significant excess returns.