LED lighting industry development status analysis

Since 2010, global LED general lighting has developed rapidly, and many countries have introduced relevant policies to promote their application. China has introduced a series of promotion measures for LED lighting applications, such as 'Ten Thousand Cities', the National Development and Reform Commission and the Ministry of Housing and Urban-Rural Development, and the Ministry of Transport jointly sponsored the demonstration projects for semiconductor lighting product application projects. LED lighting prices that are the most concerned in the industry Subsidy policies are also in place, and LED lighting has gradually entered the stage of large-scale application.

There is no doubt that as the world's most populous and fastest-growing country, China's LED lighting applications have great market potential. At the same time, due to China's consumption level and environmental awareness, the promotion of domestic LED lighting applications is still lagging behind that of developed countries. Except for street lighting, tunnel lights and other outdoor lighting, the market potential of the largest indoor lighting applications and scale Quite limited.

First, the domestic LED lighting application status China's large-scale lighting market, products with incandescent lamps, fluorescent lamps and other traditional light source lamps. According to the number of lamps sold, the share of LED lighting in the general lighting market is less than 1%. It is far from becoming a mainstream lighting product. China's LED lighting applications in addition to street lighting, tunnel lights and other aspects of the application, the overall point of view, the application behind Europe and the United States, Japan and other major lighting market, the application market also needs support and promotion. In addition, compared with the needs of the market, the implementation of standards and specifications is still insufficient, which has created obstacles to the promotion of LED lighting applications.

According to the National Semiconductor Lighting Research and Development and Industry Alliance survey, in 2010, China's LED lighting fixtures are used in the current major types of lamps, including LED spotlights, downlights, bulb lamps, straight tube lamps, flat lamps, and street lamps. Tunnel lights, among which the largest number were bulb lamps that replaced incandescent and energy-saving lamps, which accounted for 41%; followed by spotlights and downlights, which accounted for 28% and 12%, respectively. According to the preliminary statistics, the product mix in 2011 has changed compared with 2010, the proportion of LED bulbs has further increased to 46%, and the share of spotlights and downlights has decreased. The proportion has been greatly improved.

From the penetration rate of LEDs in the corresponding lighting market, the market penetration rate of street lamps and tunnel lights is significantly higher than that of LED indoor lighting fixtures, which is about 5%, and LED indoor lighting fixtures have not exceeded 1%. In 2011, the market penetration rate of various LED lighting fixtures has been increased, with outdoor lighting at 5% or more, but the indoor lighting fixtures still do not exceed 1%. Overall, the market share of LED lighting fixtures in 2010 was 0.4%; in 2011, it is expected to reach around 1%.

Second, China's LED lighting market prospects China has a huge lighting market scale and strong lighting industry base, which has created a huge market prospects for the development of China's LED lighting industry. As semiconductor lighting technology continues to mature, LED lighting performance and cost reduction, the prospects of China's LED lighting market will gradually emerge.

1. Huge lighting demand creates a good market prospect for LED lighting China's lighting demand is huge. In 2010, the domestic market demand for incandescent lamps and energy-saving lamps reached 1.176 billion and 1.269 billion respectively, and the compound annual growth rate reached from 2007 to 2010. 7.59%, the market demand for straight fluorescent lamps is 830 million, the market demand for circular fluorescent lamps is 800 million, and the market demand for tungsten halogen lamps is 755 million.

These traditional lighting sources and lamps are the target replacement markets for LED lighting fixtures. With the improvement of the cost performance, LED lighting fixtures will gradually enter these market areas, bringing huge market development space for them.

2. A good foundation for lighting industry Provides product supply base for the application of LED lighting in China The lighting industry in China is very strong and is the world's largest producer of lighting sources and lamps. According to the statistics of the China Lighting Association, in 2010, the country produced 3.8 billion incandescent lamps and 6.69 billion fluorescent lamps, including 1.83 billion straight fluorescent lamps, 1.8 billion circular fluorescent lamps, and 4.43 billion CFLs. In 2010, the country produced 174 million HID lamps, of which 56 million high-pressure mercury lamps, 54 million high-pressure sodium lamps, and 63 million metal halide lamps.

At the same time, the consumption of lighting fixtures in China is mainly provided by domestic manufacturers. The share of imported products in China is less than 5%, and nearly 70% of domestic production is exported. The good lighting industry base not only provides a reliable product supply for domestic LED lighting market applications, but also provides a very good support for domestic LED lighting industry to increase the cost performance of LED lighting fixtures through the scale effect.

3. Domestic LED lighting fixtures have begun to form a full life cycle cost advantage. In terms of the application of LED lamps, the cost of lamps and lanterns is the most important factor. The cost of an LED lamp consists of two parts. The first is the initial purchase cost of the lamp, which depends on the market price of the LED lamp; the second is the cost of the lamp, which depends on factors such as lamp life, electricity cost, and maintenance cost.

At present, the price of LED lighting is much higher than traditional lighting fixtures, up to 40 times, the minimum is more than 2 times. According to the LED lighting manufacturing process and component prices, LED lamp prices will always be higher than the traditional lamps, but the spread will be further reduced. In the current domestic lighting fixture usage conditions and power price levels, LED lamps consume less electricity and maintenance costs than the equivalent traditional fixtures.

Based on the life cycle cost analysis of LED lamps, compared with conventional lamps with equivalent performance, LED lighting has already had the full cycle cost of LED bulbs, LED spotlights, and LED downlights significantly lower than traditional lighting. Obvious competitive advantage. The life cycle cost of LED straight tube lamps is basically the same as that of traditional lighting. It is expected that in 2012, it will show obvious cost advantages and promote the use of alternatives.

In outdoor lighting fixtures, LED lamps used to replace 250W high-pressure sodium lamps, the cost of LED street lamps and tunnel lamps are lower than the cost of traditional lighting, the cost gap is about 30%, and competitive advantages such as LED street lamps and tunnels have emerged. According to the trend of decreasing prices and increasing performance of LED lighting fixtures, it is expected that by 2013, the overall cost of the full life cycle of most LED lamps will be significantly lower than traditional lamps and become the mainstream lighting source.

China's LED lighting application market has begun to take shape. It is expected that with the introduction and implementation of domestic LED lighting product subsidies and other supporting policies, the domestic LED lighting application market will grow rapidly in the past two years. With the continuous improvement of semiconductor lighting product performance and continuous reduction in manufacturing costs, but also with the relevant application environment, such as standards, product certification and testing, engineering application design and demonstration, related policies and other industrial environment, LED lighting applications will Maintain a high growth rate during 2011-2015. According to the lighting data calculation, it is expected that its share in the lighting market will increase to around 30% in 2015, becoming one of the most competitive mainstream lighting sources.