Philips LED lighting revenue growth rate will reach 40 in 2013

In the face of more competitors to join, Philips Lighting division's annual revenue growth rate in 2012 is still double-digit, 10. 5; Looking forward to 2013, it is estimated that the annual revenue growth rate of LED lighting will reach 40. Driven by this product line, the total revenue of its lighting industry is estimated to be 87. Euro 0. 8 billion (About US $11. 7 billion). If Philips is compared with major lighting companies in Europe, the commonality is that LED will account for more than 30 of the total lighting in 2013, of which Philips will account for 33. 7. From this, it can be seen that under the limitation of the growth space of traditional lighting, the future product lines of large lighting manufacturers are all focused on LED development. Due to the increasingly fierce price competition in the retail market, Philips focuses on the development of professional lighting, with a proportion of 75. PhilipsLumileds mainly produces high-power LED components, so it has a competitive advantage in LED outdoor lighting. Compared with the main products developed by other European manufacturers, Osram's Automotive LED components are relatively strong, while ZumtobEL and Philips are relatively similar, focusing on the development of intelligent lighting control systems. Philips is optimistic about the future digital intelligent lighting product line, which will strengthen the proportion of research and development in this field, with an estimated of research and development expenditure in 2015. 6. In addition, it is estimated that the proportion of LED lamps and systems in the total lighting market will expand to 57. 5% by 2020. 4. This reflects that the future lighting combined with intelligent control system will be the mainstream, which will greatly increase the output value of LED Terminal lighting.