The 11th Summit Forum: Global Vision of China's LED Lighting Industry

[High- tech LED reporter Zhao Hui] Last year, the domestic LED industry boomed, and this momentum will continue throughout 2014 for the next two or three years.

“2014 is the first year of LED home lighting, and the retail market will really start.” Dr. Zhang Xiaofei, Chairman of Gaogong LED believes that the development trend of LED industry is gradually clear, and its penetration rate is increasing year by year in home, business and outdoor. At the same time, the layout of multinational lighting companies in the Chinese market has basically been completed, and the Chinese and foreign LED lighting market wars have begun.

From a global perspective, the LED lighting industry will continue to triumph in 2014. Whether it is Philips, Osram and other international first-line lighting giants, or LED industry chain companies in South Korea and Taiwan, the LED lighting market in the next few years, especially China. The market is optimistic and will continue to increase local investment.

Dr. Zhang Xiaofei said that in the future, China's export lighting will account for most of the global market, estimated at around 70%, because foreign LED companies are also manufacturing locally, and most of the foreign LED lighting will be OEM by Chinese companies.

Export channels have always been the main sales channel for LED lighting products in China, with exports accounting for more than 80% in the highest years. With the rapid growth of domestic LED lighting applications, the proportion of exports has declined, but still maintained above 70%.

According to statistics from the Customs LED Industry Research Institute (GLII) on customs export data, China's LED lighting exports exceeded US$5.4 billion, and the annual LED lighting exports showed a rapid growth trend.

China's LED lighting exports can achieve rapid growth, first of all thanks to technological advancement, while the price of LED lighting products has dropped by more than 80% in the past five years. The price/performance ratio of products has reached the market acceptance level. The overall cost performance of most products exceeds that of traditional lighting products. .

With the speed of replacement in foreign markets, especially in the field of commercial lighting. In terms of foreign civil lighting, new buildings have begun to adopt LED lighting. With the refinement of the industrial chain division, the quality of LED lighting products produced in China has been greatly improved. The products have been recognized by Philips, Osram, Cooper Lighting, Toshiba Lighting, CREE and other companies, becoming the main lighting products of international brands. Foundry base.

GLII predicts that in 2014, China's LED lighting exports will continue to rise, and the proportion of exports from Southeast Asia and Russia will further increase.

Compared with multinational companies, Chinese local enterprises are still relatively backward in the four aspects of high-end technology research and development, market segmentation, product design and quality consistency.

"In 2015, the penetration rate of LED will exceed 60%. At the end of 2018, the output value of LED lighting will account for 80% of the total output value of lighting." Dr. Zhang Xiaofei believes that traditional lighting companies are slow to transform into LEDs, and forming a strategic alliance with packaging companies is the way out. The future is a world where traditional lighting has shifted to coexist with LED lighting. So this year is very crucial, LED lighting will basically have a clearer development in terms of channels.

Sun Yong Lighting (600261.SH) general manager Guan Yong pointed out that the status of LED as mainstream lighting has been determined, outdoor is basically 100% LED application, commercial 80% of new projects are LED, 90% of home new products use LED. Now is not to discuss the proportion of LEDs when, but to discuss how much time is left in traditional products.

"Now it is 1 million a month. If it is dangerous from the perspective of the global market, it is in a state of marginalization. The development of the entire market is indeed very fast." Guan Yong believes.

Can China's lighting industry dominate the global lighting market? Can you subvert the current pattern of international brands in the mid-to-high-end market?

On June 10th, the 11th High-tech LED Industry Summit held in conjunction with Guangzhou International Lighting Exhibition will invite global industry professionals to gather at the Shangri-La Hotel, Pazhou, Guangzhou to discuss the industry situation in 2014 and discuss the future of the industry. Trend.

Among them, Dr. Zhang Xiaofei, Chairman of the Board of Directors of Gaogong LED in the morning of the conference, will deliver a keynote speech entitled “Global Vision of China's LED Lighting Industry” , and jointly explore the internationalization of LED lighting companies in China.

>>>Details: The 11th High-tech LED Industry Summit Forum

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