LED lighting development enters fast lane1

Recently, the LED industry has performed well in the market. We believe that it is mainly due to the fact that LED development has entered the fast lane. Compared with traditional light sources, LED has many obvious advantages such as high luminous efficiency, no pollution and long service life, and is setting off a new green revolution in the lighting field. However, due to the high power consumption and short life span of incandescent lamps, governments of various countries have launched plans to eliminate incandescent lamps one after another. 2014 will be the final stage for major countries around the world to enter the abolition plan of incandescent lamps. A large number of incandescent lamp replacement markets will also force the growth space of LED lighting products with the support of governments of various countries. At present, LED accounts for only 1 of the number of lamps, and we think it has a very large space for improvement. Judging from the market product quotation, LED product prices continue to maintain a downward trend, and some product prices are close to energy-saving lamps, with outstanding cost-effective advantages. At present, the LED industry has entered the traditional peak season in April. With the continuous integration of the industry, the decline in prices will put pressure on the gross profit level of enterprises, and the LED industry will gradually differentiate. from the Past capacity competition to technology competition, cost competition, industry concentration will increase. Therefore, we are optimistic about the future leading enterprises with technological advantages, scale advantages and cost advantages, while downstream enterprises with channel advantages and more brand added value in application fields. In addition, companies that produce supporting facilities in the industrial chain such as optical inspection and power drive can also pay due attention. In the future, LED will usher in a better growth in the field of automotive lighting.