The door of LED lighting market will be completely opened in 2015

In 2014, the door of LED lighting market will be completely opened. 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 told reporters. 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 the 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. The capital market is also optimistic about this long-term trend. UBS Securities analyst Chen Li believes that 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.