With the rapid growth of LED lighting applications, companies are facing reshuffle

2013 financial results released
     by various led companies can be analyzed. Compared with 2012, 2013 is indeed the year when the led industry began to reverse, but overall the growth and profitability of downstream packaging is still higher than that of upstream chips.

At present, the main growth momentum of commercial lighting comes from bulbs and tubes.

demand for LED lighting will enter a period of rapid growth driven by product price reductions and government policies. At present, the demand for the replacement of LED lamps in emerging markets and the Chinese market is strong, but under the low price competition of local led manufacturers in the Chinese market, Taiwan-based led manufacturers no longer have the advantage, and have turned to developing emerging markets such as Indonesia.

Although many small factories have set off a wave of closures, many large factories have taken this opportunity to conduct mergers and acquisitions, integration and other actions. Obviously, in the future, resources will be increasingly concentrated in advantageous enterprises, and it is foreseeable that the market will reshuffle.

Compared with the traditional off-season in the first quarter of the past, the led revenue in the first quarter of 2014 can be said to be the off-season, and the second quarter will enter the led traditional peak season, and led manufacturers are optimistic.

China's 2014 LED lighting product consumption growth rate will reach 86%

From the perspective of the development of the LED lighting market in various regions, the government in the North American market is gradually increasing its support for LED lighting. The number of subsidies for lighting products planned by US Energy Star and others has grown rapidly, which has further reduced the price of LED lighting products. Cree and other manufacturers are optimistic about the development of the LED lighting market in 2014, and expect the sales growth of alternative lighting products to become the next business focus. The growth rate of LED lighting products in North America is expected to reach 72% in 2014.

In addition, in Latin American countries such as Brazil, the LED lighting market is showing rapid growth, with an estimated growth rate of 64% in the use of LED lighting products, especially in the led commercial market. In Europe, which is a mature market, although there is no large-scale subsidy policy, its high electricity prices and differences in light culture continue to cause demand for commercial lighting and outdoor architectural context lighting applications. With the impact of the comprehensive ban on incandescent bulbs in the next few years, the market is expected to continue to show a steady growth trend. The growth rate of LED lighting products in 2014 is expected to reach 69%.

In the Chinese market, not only emerging led manufacturers are actively laying out the LED light source market, but also traditional lighting manufacturers with brand and pipeline advantages are actively adopting a two-pronged approach of network and physical stores to expand their LED lighting business. The Chinese government is also striving to promote the development of the led industry through subsidy policies and play an active role, while solving the problem of overcapacity and enterprise closure caused by excessive upstream equipment subsidies. LEDinside estimates that the consumption growth rate of LED lighting products in China will reach 86% in 2014.