Foreign-funded CLSA pointed out that the LED lighting market officially entered a period of high-speed growth from the second half of 2013. There are mainly three major catalysts, including price drop of LED lighting, government policies, and rising electricity costs. It is estimated that LED lighting penetration will be driven from 2013. About 20% increase to about 44% in 2016, and this trend will also lead to rapid growth of LED lighting output value. From 2013 to 2016, LED lighting output value will increase at a compound annual growth rate of 35%.
Observe the dynamics of traditional lighting faucet factories around the world. These lighting plants have begun to increase the proportion of LED lighting.
In Europe, Philips and Zumtobel currently account for more than 30% of sales of LED lighting products, and OSRAM's LED lighting products in the first quarter of this year also accounted for 32%.
In addition, Acuity Brands, a well-known lighting company in the United States, is also optimistic about the development of LED lighting in the North American market. It is estimated that from 2015, LED lighting will account for more than 50% of the total lighting in North America.
In addition, Sunshine Lighting is China's largest lighting ODM plant. Since the first half of last year, we have seen rapid growth in sales of LED lighting business.
According to Lyon data, in addition to the transformation of traditional lighting plants, LED component factories (including grain factories, packaging plants, etc.) are also transforming and seizing lighting business opportunities, such as Seoul Semiconductor, Seoul Semiconductor, LG Innotek, Taiwan Jingdian, etc. Between 2011 and 2012, LED lighting accounted for only about 20~25% of revenue, and it grew to 30% last year. It is estimated that this year will rise to about 40% again.
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