Overview of China Lighting Market

First, market overview

1, lighting electrical products is the national economic development and people's daily necessities, with the development of the mainland economy and the improvement of people's living standards, the mainland market demand for lighting electrical products is also increasing. Lighting electrical industry in the past 20 years has been rapid and stable development, the mainland has become a major producer and consumer of lighting appliances. According to Euromonitor data show that in 2014 China's total production of lighting and lighting equipment amounted to 418 billion 500 million yuan (if no special explanation, this article involves the currency is RMB), an increase of 10.7%.

2, a variety of factors to support the development of the mainland lighting market:

Functional lighting of the city: airports, railways, ports, urban rail transportation and other infrastructure needs lighting. In addition, the city square, green spaces, roads, buildings, flood light, has been developed from the big cities to small cities, with the continuous development of urbanization in the mainland, urban lighting project demand potential.

Industrial and commercial lighting: Lighting factory pay more and more attention to improve the production efficiency of enterprises, commercial enterprises to attract customers willing to spend more money for shopping malls lighting, office buildings, schools, hospitals, the lighting is also significantly improved.

Consumption upgrade: with the escalating consumption structure, people pay more attention to the choice of home lighting, coupled with the development of real estate, indoor lighting will maintain growth. With the development of the domestic real estate industry, high-grade residential communities, villas have emerged in the market, making the garden lights, lawn lamp demand began to increase, the demand for high-grade lighting is also growing.

In recent years, environmental protection and energy saving: Chinese China to promote environmental protection and energy conservation, "people's Republic of China energy conservation law", "on accelerating the development of energy-saving environmental industry views" and other policies and regulations have been introduced to support the development of environmental protection industry. At the same time vigorously promote energy-saving environmentally friendly products, led to the rise in demand for energy-saving lighting appliances.

3, landscape lighting market mainly in the streets, squares and other public places lighting market. With the support of the state's preferential development of energy conservation and environmental protection industry policy, it will continue to play a major role in promoting the development of LED.

4, home lighting is no longer as a simple lighting, but the need for emotional life. Consumers pay more attention to the lighting in the room to create an atmosphere, will consider the lighting in the shape and material with the home decoration. The shape, style and color of the lamps are more and more sophisticated, more and more pursuit of artistic effect.

5, fashion, personality, energy saving, environmental protection lighting has become a popular trend in home decoration. Mainland market demand for personalized lighting is on the rise, the color, design is also diversified.

6, the lighting function is also more suitable for segmentation, lamps in different situations is gradually coming out, such as haze lights, writing lights, fluorescent lamp, lamp, floor lamp, dinner. In addition to different functions, but also developed specifically for children's lighting series. Energy saving, environmental protection and high-tech elements are also the main direction of development.

7, in the "national semiconductor lighting project" under the impetus of the formation of Shanghai, Dalian, Nanchang, Xiamen, Shenzhen, Yangzhou and Shijiazhuang, seven national semiconductor lighting engineering industrialization base. In February 2013, the national development and Reform Commission, the Ministry of science and other six ministries jointly issued the "planning" semiconductor lighting industry, to promote energy-saving emission reduction targets, semiconductor lighting industry output value of the average annual growth rate of around 30%, and efficient energy-saving lamps and other traditional lighting products market share stable at around 70%, while the LED functional lighting products market share is more than 20%.

8, in accordance with the "China phasing out the incandescent road map", clearly from October 2012 onwards, according to the size of the power gradually ban the import and sale of incandescent lamps. In October 2012 banned the import and sale of 100 watts and above ordinary incandescent lighting since October 2014, will ban the import and sale of 60 watts and above ordinary incandescent lighting; in October 2016 to ban the import and sale of 15 watts and above ordinary incandescent lighting.

9, energy-saving lamps (CFL) is an alternative to incandescent lamps, demand will gradually increase. On the other hand, in the international trend of green lighting, the implementation of the national energy-saving subsidy policy and the strengthening of consumer awareness of energy conservation, will promote the overall market performance of energy-saving lamps. As of the end of 2013, the country's fiscal subsidy policy has been to promote efficient lighting products 780 million, to speed up the application of energy-saving lamps, LED lamps and other efficient lighting products, and gradually eliminate incandescent and other high energy consuming products. According to the national development and Reform Commission announced in 2014 the country to promote financial subsidies to energy-saving lamps up to 100 million.

10, with the incandescent lamp of the ban, LED market development. China actively promote street lamp LED, launched in 2009, ten city million program, then expanded to the fifty cities of the two million, the policy to promote the development of the market to accelerate the LED lamp. LED is known as the fourth generation lighting source or green light source, can be widely used in a variety of instructions, display, decoration, backlight, general lighting and urban landscape and other fields. LED lamp luminous efficiency and service life are higher and longer than CFL lamp and incandescent lamp, but the price is also more expensive. Furthermore, LED lights will not be harmful to the environment and human health, and therefore favored by consumers. According to market research, in 2014 China's LED market grew by 14.4%, reaching $12 billion 600 million, is expected in 2015 and in 2016 the market size will be