LED industry enters the boom cycle

With the arrival of the light source replacement tide in the range, the big cycle of LED lighting has started this year, and the quarterly reports of many listed companies have shown growth. The LED industry has entered a boom cycle, and various signs show that the big cycle of LED lighting will start in 2014, and the supply and demand pattern will return to the boom peak in 2010. According to China's roadmap for phasing out incandescent lamps issued by the National Development and Reform Commission and other five ministries in 2011, since October 1, 2012, the import and sale of ordinary lighting incandescent lamps will be gradually banned in stages according to the power level. The specific time schedule is: from October 1, 2012, it is forbidden to import and sell 100 watts and above. After October 1, 2014, it will be forbidden to import and sell 60 watts and above. After October 1, 2016, it will be forbidden to import and sell 15 watts and above. As a major producer of lighting products, China has supplied more than 30 incandescent lamps and 85 energy-saving lamps to the market. LED lighting products have clearly become the development direction of the next generation of new light sources. In terms of scale, domestic LED lighting was 260 billion yuan in 2013, up year on year. By 2015, the penetration rate of LED lighting will reach 60, and by 2018 it will reach 80. With the rapid decline in the price of LED lighting products and the elimination of incandescent lamps, the demand for LED devices in China will usher in an explosive growth. The scope also continues this trend, and experts predict that the compound growth rate of the LED market will reach more than 40 in the next 7 years. Since January this year, the United States has stopped selling 40-watt and 60-watt incandescent lamps, and a wave of light source replacement has arrived. Recently, Wal-Mart announced a number of plans to purchase energy-saving LED ceiling lamps for new shopping malls in the United States, major stores in Asia and Latin America, and ASDA supermarkets in the UK. Compared with previous lighting sources, the new lamps will save 40 energy consumption.