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LED lighting is rapidly growing due to product price decline, policy bullishness and lighting manufacturers. The mainland China has gradually banned the sale and import of incandescent lamps, and promoted LED lighting applications with policies to make the first quarter revenues of related companies generally better. expected.
The legal person believes that with the traditional peak season of LED products entering the second quarter, the market demand is clear, not only the battalion of related manufacturers can continue to enhance, but also the lighting theme is expected to make the LED ethnic group, from now at least to 2015.
Mainland China will leap to the biggest market Taiwan Industrial Technology Institute (IEK) said that Western Europe is the world's largest LED lighting market, Japan is the single country with the fastest market penetration, and mainland China will be the future manufacturing and consumption center for LED lighting. It will replace Western Europe in 2016 and become the world's largest LED lighting market.
Taiwan's Tuoba Industrial Research Institute Optoelectronics Industry Center believes that in 2014, global LED overall lighting demand will be based on commercial lighting, public lighting and architectural lighting as the main growth kinetic energy, of which the general lighting penetration rate will reach 32, and indoor lighting will be about 16.
In public lighting, the main kinetic energy will come from government subsidies in mainland China, new LED streetlights in emerging market countries, and US energy subsidy programs.
Gong Zhenhua, manager of Morgan Emerging Technology Fund, pointed out that after the low tide of the previous two years, the LED industry is expected to gradually enter the world under the influence of global lighting demand. UBS Securities estimates that global LED lighting demand will increase by 60% this year, which is expected to drive demand for LED chips to grow by 25.
Moreover, with the increasingly close cross-strait economic and trade exchanges, the cross-strait LED industry is expected to be integrated, and the Chinese mainland government is working hard to subsidize the previous overcapacity problem. Market research institutions estimate that China's LED lighting products market will grow substantially in 2014. 86, is expected to significantly promote the Taiwan LED industry.