LED lighting warms up in 2014

According to LED research institutions LEDinside prediction by hand-held terminal and LED lighting products demand growth of influence 2013 LED output value will is 2012 growth 12 up to 12. 4 billion beauty yuan. Although the overall oversupply of LED during the year is still difficult to reverse, LED companies will seek strategic alliances to ensure orders and increase profit margins. In 2012, the development of LED industry was not ideal. The market shrank, the sales volume declined, the sales volume decreased, and the product price dropped rapidly. Most small and medium-sized enterprises and even some large-scale enterprises closed down because they could not bear losses, the rest of the enterprises are struggling in difficulties. LEDinside predicts that in 2013, the demand for LED lighting products will grow rapidly and will gradually be pushed to civilian use. Before that, whether it was miner's lamp, street lamp, commercial lamp or decorative lamp, the procurement subject was the government or enterprises. The popularization rate of ordinary people was not high. However, with the continuous promotion of LED lighting product technology, with the continuous decline in prices, LED lighting is expected to usher in civilian use in 2013. In 2012, the LED industry went through a big reshuffle, and the enterprises left behind all have certain qualifications and relatively sound market channels. With the economic recovery and the overall recovery of the manufacturing industry, these enterprises will play a more important role in 2013 and will drive the entire industry back to life.