The rapid growth of LED lighting market drives the whole industry into a long cycle

The overcapacity of photovoltaic LEDs has left a deep impression on people. Now, the LED lighting industry is growing rapidly and is expected to bring a new atmosphere to the entire industry. From the situation in recent years, the LED lighting industry has maintained rapid growth. Ding Wenwu, director of the Electronic Information Department of the Ministry of Industry and Information Technology, has predicted that the domestic LED output value will continue to maintain a high growth rate of 20 to 30 next year. The growth share mainly occurs in civil and road lighting. public area. In addition, Lu Wenbin, deputy director of the Department of Resource Conservation and Environmental Protection of the National Development and Reform Commission, predicts that the target of 20 LED lighting market share in 2015 will be realized ahead of schedule. In 2011, China issued the "China Roadmap for Phased Elimination of Incandescent Lamps". In October this year, it also banned the export and sale of incandescent lamps of 60W or more. Promoting energy-efficient lighting products is conducive to sustainable energy use and environmental protection, as well as to the formation of new economic growth points. As the world's largest producer, consumer and exporter of lighting products, China's LED industry has grown rapidly. In 2013, the market scale exceeded RMB 260 billion. From a global perspective, the EU has recently raised the standards for LED lighting products, and the relevant domestic industry standards have become more and more perfect, which has played a leading role in the transformation of China's LED enterprises. In the view of Han Xiaoping, chief information officer of China Energy Network, the great development of the domestic LED lighting market will significantly alleviate the problem of overcapacity in China and may even drive the transformation of the global energy industry. Han Xiaoping translated this in detail. Han Xiaoping: The main reason for overcapacity is that the domestic market has not started, mainly relying on exports. In the past few years, the pressure of overcapacity has been relatively high. In some supermarkets or in some stores, LED lights can be bought, and almost all stores are selling, and they are getting cheaper. Therefore, through multiple competition, this has been achieved. Product prices continue to decline, quality continues to improve, and everyone is easy to accept. In a short period of time, we have achieved a LED market share of 20, and this speed will be further accelerated in the future, because the Chinese are very frugal, using LEDs not only saves electricity, but also the life of LED bulbs is almost ordinary incandescent bulbs. More than 10 times, so more and more people will choose LED lights, plus the price of LED lights is falling, and its performance in all aspects is better than traditional energy-saving lamps, so more and more people are getting more and more Many families will use it and will promote the development of this industry. The large amount of use in China will make the price of LED products lower. More enterprises will go to production and face the whole world, which will make a great progress in lighting and energy saving in the world, and can reduce more emissions. Reporter: From the performance of the capital market today, due to the heavyweights leading the market, today's LED sector performance is not eye-catching. However, the industry is still full of confidence in the development of the industry. Guotai Junan industry analysts believe that the LED industry has benefited from the lighting market, and it is welcoming the best situation in history, and has entered a long period of three years of high prosperity. In addition, mainland enterprises will benefit from the comprehensive advantages of technology, cost and support, and will enjoy the global LED manufacturing chain transfer premium. In the view of Yuan Jun, Aijian Securities Investment Consultant, the domestic LED lighting manufacturers' products already have a stable market, and the market scale will be steadily expanded. LED industry, especially in the field of LED chips, will directly benefit from it. Yuan Jun: At present, the overall growth rate of LED is about 23-30, and the occupancy rate has exceeded 20. Now it seems that the global LED conversion is a trend in the EU, and our pace is relatively fast. From the current situation, in addition to some security standards still need to be slightly improved, the market has been basically stable, and is gradually expanding, the future LED is relatively good, which is certain. From the current growth rate, civil and road lighting is growing at a faster rate, especially road lighting, and the government's implementation of LEDs to replace incandescent lighting. Therefore, the development of LED long-term future is optimistic. From the perspective of the overall LED architecture, this kind of corresponding sector, from the most primitive chip, is like the enterprises that produce chips such as Sanan Optoelectronics, and then like Guoxing Optoelectronics, Jufei Optoelectronics, Snowlight, etc.; The chip began to look down, from the chip to the entire lamp manufacturing, material manufacturing and product introduction, Dehao Runda, Lehman Optoelectronics and other industrial chains have opportunities, and now the chip companies are more beneficial, because ultimately At the most basic end, it is the end of the chip, and there are many uses for LEDs that are gradually emerging. Not only lighting, but also many related uses, so it is worthy of attention. Reporter: In addition, Guotai Junan believes that the stocks with LED concept are mainly: Sanan Optoelectronics, Guoxing Optoelectronics, Jufei Optoelectronics, Snowlight, Sunlight Lighting, Ruifeng Optoelectronics, Dehao Runda, Foshan Lighting, and Zhouming Technology.

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