China's LED industry will continue to have high prosperity in 2014

Last year, China's LED industry was affected by downstream lighting and backlight, and the LED industry developed well. In 2014, China's LED industry will continue to enjoy high prosperity and have broad market development prospects. According to statistics, the penetration rate of NB backlight was only 16 in 2008 and rose to 89 in 2010. In 2010, the backlight penetration of large-size TV began, and only about 10 of could not penetrate, from 2010 to 2011, from to, and from to. Starting from 2013, with the double promotion of policy and price reduction, the lighting penetration rate has increased rapidly from 10, the prosperity has been continuously upward, and the lighting market of hundreds of millions will gradually open. In 2014, the government will promote the development of LED outdoor lighting through municipal procurement in the early days. In the future, the government will stimulate the development of civil lighting through terminal consumption subsidies. With technological progress and commercial innovation, the price of LED bulb lamps continues to decline. At present, the market price of LED bulb lamps is 0-higher than that of energy-saving lamps. 15. As LED lamps are more efficient, energy-saving and environmentally friendly, the penetration rate will continue to increase. In the future, outdoor lighting will continue to grow under large-scale government bidding. Commercial lighting is booming at present. Hundreds of millions of markets in the future will still be consumer terminals. With technological progress and product design concept improvement, the price of LED lighting products will drop sharply, and the penetration rate of indoor LED lighting in mainland China will increase explosively in the next 2 years. At present, grassroots research results show that LED lighting manufacturers are working overtime to catch up with orders, traditional energy-saving lamp dealers are distributing goods in large areas, the penetration rate of LED lamps in sales channels is as high as 90, and civil lighting is ready to go. The LED industry has the characteristics of high efficiency and environmental protection. In the early stage of development, it was promoted by external forces. Government policies promoted the rapid expansion of production capacity, intensified competition, and accelerated the decline in gross profit margin. the general decline in gross profit margin of LED listed companies in the third quarter also confirms this point. With the reduction of policy subsidies, the profit model will shift from government subsidies to marketization, and industry integration will accelerate in the future.