With the rapid decline of the price of LED products and the gradual march towards sweet spots, Taiwan''s various market regulator units have been optimistic about the growth of LED lighting next year, which is expected to bring new growth momentum to LED industry and Taiwan plant. LED (light emitting diode) industry has limited space for backlighting applications, and even the output value will enter the recession. Fortunately, the new application of LED lighting is rising. With the increase of LED lighting penetration, we expect that the global LED lighting market will enter a wave of growth cycle again, but this revolutionary industry is also stepping into a highly competitive killing field.
In addition to the advantages of manufacturing costs, brand and access are the real competitive advantages of the LED lighting market. Taiwan Optoelectronic Technology Industry Association on 2014, Europe and the United States to replace the livelihood of the largest amount of 40 watts to 60 watt incandescent lamp business, some from the traditional lighting conversion to LED lighting pace slightly slower General Electric and other American companies, as well as the global production center, the Chinese lamps regional brand, OEM manufacturers have pushed up world the permeability of LED lighting products. No matter in the way of its own brand or agent, the Taiwan manufacturer should tighten up the layout and seize the business opportunity. According to the LEDinside report of research and adjustment agency, it is estimated that the output value of LED lighting will reach 17 billion 800 million USD in Ming (2014) year, and the total number of LED lighting products will reach 1 billion 320 million, which is 68% higher than that of this year (2013). In the region, the growth rate of LED lighting products in mainland China next year is up to 86%.
Among them, the most obvious is the alternative light source. The bulb and lamp tube are the most popular alternative light sources, accounting for 38% and 25% of the LED lighting products in 2013, respectively. The future demand for integrated LED lighting products will rise, especially in combination with intelligent lighting applications.
The photoelectric technology industry association pointed out that in 2012 the global LED lighting output value reached 11 billion 500 million U.S. dollars, in the lighting market penetration rate of about 11%, the top ten LED lighting manufacturers in order for the Philips, OSRAM, Panasonic, Toshiba, Cree, ENDO, Zumtobel, Koizumi, Iris, Ohyama, Sharp, Taiwan manufacturers still need improving market share.
Fubon securities is expected, in 2014 the global LED lighting market growth rate will be higher than in 2013, growth of about 43.5%, to $17 billion 800 million. IEK (Taiwan Industrial Technology Research Institute) estimates, 2014 LED lighting market will reach $39 billion 200 million, the market penetration rate of 34%, the market will show five trends of development were flat light rise, prices continued to decline, the automatic production line, the government policy to promote, intelligent lighting system integration.