LED lighting market in 2014 or fully open

The incandescent lamp phase-out plans for major countries and regions in the world have come into effect in batches this year. According to the "China's Roadmap for Phase-out of Incandescent Lamps" issued by China in November 2011: Since October 2012, imports and sales of incandescent lamps of 100W and above have been banned; since October 2014, the market has been focusing on 60W of incandescent lamps. Lights will be prohibited from importing and selling. Under the drive of the government's policy to phase out incandescent lamps, China's LED lighting market was fully opened in 2014.

In fact, due to the impact of downstream lighting and backlight demand, since the beginning of 2013, China's LED industry has also maintained a high degree of prosperity. This point can be seen from the statistics of government procurement of LED lighting products in 2013. In this regard, industry analysts pointed out that the inflection point of LED lighting demand is the result of the integration of policy assistance and price marketization. The LED industry has characteristics such as high efficiency and environmental protection. It was promoted by external forces at the initial stage of development. Government procurement of LED lighting products and the government's policy of prohibiting the sale of incandescent bulbs on the one hand prompted the expansion of production capacity. On the other hand, it intensified the market competition and accelerated the decline in gross profit rate. LED lighting products The price dropped sharply.

From the statistics of China's government procurement of LED lighting products in recent years, the purchase amount of LED lighting products will continue to grow under large-scale government procurement projects. However, compared with the government procurement market with several hundred million yuan, the future billions of markets will still be in the terminal consumption area. It is predicted that China's indoor LED lighting penetration rate will grow explosively in the next two years.