LED lighting applications are developing rapidly

According to the 2013 financial report released by various LED companies one after another, it can be analyzed that compared with 2012, 2013 is indeed a year when the LED industry began to reverse, however, on the whole, the growth and profit of downstream packaging is higher than that of upstream chips. At present, the main growth momentum of commercial lighting comes from bulb lamps and lamps. LED lighting demand will enter a period of rapid growth with the promotion of falling product prices and favorable government policies. At present, the demand for replacing LED lamps in emerging markets and Chinese markets is strong, however, in the Chinese market, under the low-cost competition of local LED manufacturers, the advantages of Taiwanese LED manufacturers are no longer, and they have turned to develop emerging markets such as Indonesia. Although many small factories have started to close down, many large factories have taken this opportunity to carry out mergers and acquisitions, integration and other actions. Obviously, resources will become more and more concentrated in the future, and it is foreseeable that the market will be reshuffled. Compared with the traditional off-season in the previous quarter, the LED revenue in the 2014 quarter can be said to be not weak in the off-season, while the second quarter will enter the traditional peak season of LED, and LED manufacturers are optimistic. Judging from the development of LED lighting markets in various regions, the North American market government's support for LED lighting is gradually increasing. Us energy star (EnergyStar) The number of subsidies for lighting products is growing rapidly, and the price of LED lighting products is further reduced. CREE and other manufacturers are optimistic about the development of LED lighting market in 2014, and expect the sales growth of alternative lighting products to become the next business focus. In North America, 2014 LED lighting products amount of growth is expected to reach 72. In addition, in Latin American countries such as Brazil, the LED lighting market is showing rapid growth, with an estimated growth rate of 64 for LED lighting products, especially the LED commercial market. The European region, which belongs to the mature market, has not seen a large-scale subsidy policy, but its high electricity price and the difference of light culture make the application of commercial lighting and outdoor building situational lighting continue to exist, in the next few years, with the influence of the total ban on incandescent bulbs, it is estimated that the market will continue to show a stable growth trend, and the growth rate of LED lighting products in 2014 is expected to reach 69. In the Chinese market, not only the emerging LED manufacturers actively lay out the LED light source market, but also the traditional lighting manufacturers with brand and pipeline advantages actively adopt a two-pronged approach of network and physical stores to expand the LED lighting business, the Chinese government is also trying to play an active role in promoting the development of LED industry through subsidy policies, while at the same time resolving the problems of overcapacity and enterprise bankruptcy caused by excessive upstream equipment subsidies. It is estimated that the growth rate of LED lighting products in China will reach 86. 5% in 2014.