LED new light source lighting has changed dramatically

At present, driven by the concept of energy conservation and environmental protection, new light source lighting represented by LED is triggering a great change in the lighting industry. As a new type of lighting source, LED not only brings new choices to the lighting market, but also opens up a new field of lighting application. This kind of new light source lighting product is continuously upgrading driven by innovative technology. From incandescent lamp to energy-saving lamp, halogen lamp to LED lamp, while realizing energy-saving upgrade of lighting products, the comfort level is also better improved, and the lighting effect is more diversified. LED lighting market pried the Golden Gate in January 1, 2014, the United States announced that it would no longer produce and sell 60-watt and 40-watt incandescent lamps; At the same time, Canada also officially banned 75-watt and 100-watt incandescent lamps. The EU completely banned the sale of incandescent lamps in 2012. Back in China, the price of LED lamps has continued to fall, which has basically dropped to the threshold for civilian use. With the support of national policies, LED lighting will accelerate the replacement of traditional lighting. LED is expected to open twice after the rear projection market. At present, the market expects that the demand for LED lighting will increase more clearly. 2014 is expected to be the year of explosion. On the base of 2013, optimism is expected to increase more than twice and cautious is expected to double. An executive of a domestic LED chip manufacturer said. This estimate is not without basis: On the one hand, it is the launch of the domestic LED lighting market. In 2012, the penetration rate of LED lighting was less than 3, while in 2013, the penetration rate increased to 6, and the industry has entered a period of rapid growth after an introduction period. On the other hand, overseas markets have also given Chinese companies opportunities. The General Administration of Customs estimates that the export growth rate of LED lighting products in the fourth quarter of 2013 will be above 80. The scale of commercial and civil lighting market will exceed 160 billion yuan for the first time in 2014, and is expected to reach yuan in 2015, with a compound growth rate of about 60 in the next two years. Our company is very optimistic about the general trend of the recovery of the LED lighting market and is ready for the upcoming outbreak of demand. Wang Qing, the secretary of San'an Optoelectronics, said. In this regard, compared with other growth industries, the current valuation of the LED sector is still relatively reasonable, and the PE for 2014 is only 24 times, far lower than other growth stocks. The LED industry has performance support and is expected to grow at 30-2014- 50, and is expected to achieve high growth in the first quarter. In the future, once the performance confirms the upward trend of the industry, it will bring significant excess returns. The growth of overseas home lighting market is expected. At present, LED penetration rate is rapidly increasing in the market. According to market research estimates, the output value of LED lighting market in 2014 was 35. 3 billion US dollars, up from 2013. 8. LED lighting penetration rate will also increase to 32 in 2014. 7. The penetration rates of widely used bulb lamps and lamps are 20 and 15 respectively. In the past, in the LED lighting market, the penetration rate of the civil market has been low due to higher prices. With the improvement of LED lighting technology and the continuous decline of prices, governments of various countries have successively issued favorable policies such as banning incandescent lamps, and the high-profile civilian market has really opened its doors to welcome the arrival of the LED era. According to Foreign UBS Securities, the demand for LED lighting will increase by 60% in 2014, of which household lighting will grow by 90% next year, far higher than commercial 37 and industrial 57. It is estimated that the demand for LED chips will grow by 25.