The LED lighting market has broad prospects, and companies continue to expand production.

From the perspective of certainty, institutions generally believe that the LED lighting industry will definitely grow in 2014, and the penetration rate will enter a stage of substantial increase. Therefore, they are optimistic about the growth of the LED industry. For example, a research report released by Guosen Securities believes that the ban on the sale of incandescent lamps in major countries and regions around the world will enter the batch effective stage in 2014 and the cost of LED lighting fixtures will decrease, which will surely trigger the explosion of the LED general lighting market. The LED lighting market is a large market worth hundreds of billions, and it is expected that the industry will maintain a wave of 3 to 4-year big cycle opportunities. After the LED industry has experienced unfavorable situations such as oversupply of production capacity and rapid decline in prices in the past few years, which has led to a serious decline in corporate gross profit margins, as prices have dropped to a certain level and the incandescent lamp ban policy has come into effect, it has stimulated a rapid increase in general demand for LEDs, and the profits of LED companies are expected to enter a rapid upward trajectory. Judging from the recent annual report performance forecasts released by several LED listed companies in the A-share market, the performance of LED companies has begun to show obvious signs of acceleration in the fourth quarter of 2013.