Demand for LED area of general lighting grows rapidly in 2014

by:ALLTOP      2020-01-10
It is estimated that the demand for LED area for general lighting will increase 62 in 2014. The LED penetration rate in the general lighting market in 2013 is expected to increase from 3-in-5 to 9 or so ( Based on the total lumen demand, the penetration rate can reach about 7 from the light bulb demand). FredricStahl, a UBS analyst who covers Osram and Philips, believes that the revenue from LED lighting products in 2013 has accounted for about of the total lighting revenue of Osram and Philips. It is estimated that general lighting applications will account for of LED demand in 2013, and will rise to in 2014 and in 2015. In view of the recent rapid decline in the price of LED bulbs, we may still have room for upward movement in our current estimate of LED penetration rate in 2014 (Lumen-based permeability).
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