• Categories:Industry Information
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• Time of issue:2014-01-24 13:36
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(Summary description) Due to its obvious advantages in terms of energy efficiency and environmental friendliness, LED technology is being used more and more. In particular, the recent ban on incandescent lamps in the United States, Canada and Europe has led to the rise of the replacement of LED lighting equipment, thereby stimulating market demand growth. At present, overseas enterprises are generally optimistic about the development prospects of the LED lighting market in 2014, and it is expected that this field will become the focus and growth driver of future business. The U.S. government has stepped up its support Beginning in 2014, the United States and Europe will gradually ban 40W-60W incandescent light bulbs. This policy enables LED lighting products to gain wider application opportunities, and stimulates global LED lighting manufacturers to accelerate production and further increase the penetration rate of LED lighting. At present, the U.S. government is gradually increasing its support for LED lighting. By increasing subsidies for lighting products with "Energy Star" certification, the price of LED lamps has been reduced. The US "Energy Star" program has been implemented since 1992, aiming to guide consumers to choose energy-efficient products. Consumers who purchase ENERGY STAR products will enjoy benefits such as tax breaks or direct subsidies from the program. In this context, American LED manufacturer Cree (CREE) and other companies are optimistic about the development of the LED lighting market in 2014, and it is expected that the sales growth of replacement lamps will become the next business focus and growth driver. Cree is the largest LED product manufacturer in the United States. It was established in 1987 and listed on the Nasdaq market in 1993. Its lighting products have unique material technology and advanced white light technology, and are in a leading position in the global industry. Cree will release its financial report for the last quarter on January 21. The company expects that, boosted by strong demand for LED lighting, revenue in the last quarter will increase to $400 million to $420 million, a year-on-year increase of 24%, and gross profit will reach 38%. It was up 1.8 percent a year ago. In the past year, Cree's stock price has risen by 85%, and its current market value has reached 7.5 billion US dollars. In Europe, where the market is relatively mature, although there is no large-scale subsidy policy for the LED industry, the high local electricity prices make commercial lighting and outdoor architectural ambient lighting applications continue to demand. Industry insiders expect that the market will continue to show a steady growth trend in the next few years with the influence of the comprehensive ban on the sale of incandescent lamps. Major European LED lighting companies include OSRAM, headquartered in Munich, Germany. The company used to be a wholly-owned subsidiary of Siemens and left Siemens to develop independently in July last year. Its products are widely used in public places, offices, factories, homes and automotive lighting. The company's Frankfurt-listed shares have risen 94 percent in the past year. Japan started early and has a high penetration rate In Japan, where the energy crisis is particularly prominent, the growth rate of the LED industry is astonishing. As early as 1998, Japan launched the industrialization project "21st Century Light Plan", becoming one of the first countries in the world to issue policies to support LED development. In addition, Japan is also the first country in the world to ban the sale of incandescent lamps. With the large-scale support of the Japanese government, the LED industry has developed rapidly, and the penetration rate of LED lighting products has grown exponentially. Especially after the "3.11 earthquake" in 2011, with the promotion of power-saving and energy-saving measures caused by the Fukushima nuclear power plant accident, the penetration rate of LED lighting in Japan has increased significantly. According to statistics, the current penetration rate of LED bulbs in Japan is 60-70%, ranking first in the world.