LED lighting market will be in high prosperity in 2014

The upstream LED driver IC shows that the demand for mainland LED lighting continues to rise. The driver IC manufacturers si Lijie and angbao electronics feel the demand of the mainland LED lighting market. The current monthly revenue contribution of the LED driver IC product line is more than double that of the first half of the year. With the spontaneous demand and the growth of the export market, the market demand for LED lighting applications in the mainland continues to grow upward. Si Lijie and angbao electronics simultaneously feel the rapid rise of LED customers in the mainland, 2014 1st quarter operating performance optimistic low season don't light. We believe that from the perspective of the attributes of the semiconductor industry chain, IC design first feels the prosperity of the industry. Therefore, the current high prosperity of LED-driven IC indicates that the mainland LED lighting will be in a high prosperity period in the future. LED lighting price sweet spot appear with the countries disable incandescent light bulb time-history have come again with recent energy price high and LED light bulb price and rapid decline 2013 4th season has See (Replace 40 W) The terminal price of the product fell within US $10, and the ex-factory price of 40W and 60 w led bulbs replaced by brand manufacturers has been reduced to 4. 5% respectively. US $5 and US $8 hit the sweet spot of price, and the penetration rate of indoor LED lighting is expected to rise sharply. There will be a trend of changing LED lighting in 2014. Based on the continuous implementation of relevant bidding and subsidy policies in various regional markets in 2014, it will be of considerable help to improve the penetration rate of LED lighting. At the same time, the price difference between LED lighting and ordinary lighting, such as energy-saving bulbs, is no longer large. The Rise of consumers' awareness of environmental protection has prompted a lamp change trend, and many traditional lamp factories have closed their production lines, in 2014, LED bulbs and lamps will grow at a high rate. The penetration rate of LED lighting has risen sharply. We believe that although the essential attributes of LED lighting industry are not different from those of traditional lighting industry, LED lighting also has Semiconductor attributes and some characteristics of consumer electronics, with the penetration rate of LED lighting reaching about 17 in 2013, we expect the penetration rate of LED lighting to rise sharply in 2014. We expect the penetration rate of LED lighting to rise rapidly to 31 and 47 in 2015 and 2014, shipments grew 91 and 59 year-on-year. China's LED lighting output value in the next 2 years will be 1008 and 165 billion yuan, with year-on-year growth rates of 81 and 63 respectively.