With the advancement of urbanization and the promotion of efficient and environmentally friendly lighting, the LED industry has developed rapidly in recent years. Compared with traditional lighting sources such as incandescent lamps and fluorescent lamps, LED, as a new generation of lighting products, has the advantages of low power consumption, long life, no pollution, fast response speed, and high color purity. It is widely used in many fields such as display screens, general lighting, automotive lighting, electronic product backlighting, and signal lighting. The growth data of the LED industry chain in 2014 is quite beautiful and very attractive! In this regard, many people in the industry have made predictions and analyzes on the future development of the LED industry in 2014! Now the editor has compiled some "big data" for your reference!
The performance of the lighting industry during Double Eleven in 2014 is gratifying
Double Eleven came to an end in 2014, leaving behind a series of record-breaking data after the climax. In the single-day turnover ranking of lighting products (lamps, lighting and light sources), Opple Lighting continued to be the sales champion with an excellent record of 94.43 million yuan, and its sales exceeded 10 million in the 26th minute of Double Eleven; NVC Lighting ranked second with a transaction amount of 32,899,568. It is worth noting that there is a gap of more than 50 million between the first and second place. Followed by Audi with 28,005,583 yuan and Philips/Philips with 26,136,943 yuan. Among the top ten brands in the ranking, six brands have exceeded 10 million. Compared with 2013, the two brands that entered the top ten list for the first time on Double Eleven in 2014 were Yueying Kaiden and Colo.
In the "Double Eleven Lamps and Lighting Category Top 10 Brands" (excluding light sources), in the top 10 number of transactions, in addition to general brands such as Opple and Philips, there are also brands such as Good Vision and Accord that mainly focus on single category products such as table lamps. In the TOP10 list of unit price per customer, Jinda Lighting ranked first with a "high price" of 6,848. In the "Double Eleven Light Source Category Top Brands", the transaction amount is basically proportional to the number of transactions, and the gap between the first place and the tenth place is also large. However, in the ranking of unit customer price, the gap is not so obvious.
Looking at lighting categories, ceiling lamps were the best-selling lighting product on Double Eleven, accounting for 51.51% of the total sales. Following closely are chandeliers, chandeliers, downlights, table lamps, etc. Regardless of whether it is light sources or lamps, the buyer's transaction amount is the largest in Guangdong Province, followed by the eastern coastal areas such as Zhejiang, Jiangsu, and Fujian. From the perspective of prefecture-level regional division, Shanghai accounts for the highest proportion of transaction value.
The total number of MOCVD units in my country is expected to reach 1,240 in 2014
Due to the explosiveness of the terminal LED lighting market, its growing demand has driven the increase in MOCVD demand. According to predictions from foreign research institutions, by 2020, the number of MOCVD equipment required for mobile phone parts will reach 250, and the number of MOCVD equipment required for LEDTV backlight applications will reach 1,500. As the scale of general lighting applications continues to grow, the number of MOCVD units required for LED lighting will reach thousands. Based on a comparison of the shipments of the world's major MOCVD suppliers and the number of newly installed MOCVDs in my country in recent years, it can be seen that the demand for MOCVD in my country's semiconductor lighting industry has accounted for more than 60% of global demand in recent years, making it the region with the highest demand in the world. It is estimated that the number of new MOCVD units in my country will be around 150 in 2014, and the total number will reach 1,240.
The global MOCVD equipment market growth rate reached 14.13% from 2014 to 2018
Market research agency Tech Navio released the "Global MOCVD Equipment Market Report 2014-2018". By analyzing data provided by MOCVD equipment manufacturers such as Aixtron, Veiko and Taiyo Nippon Sanso Corp, the report predicts that the compound annual growth rate of the global MOCVD equipment market will reach 14.13% between 2014 and 2018.
The total output value of Guangdong's LED industry will increase by 350 billion yuan in 2014
On the morning of October 10, 2014, the Provincial Department of Science and Technology organized the "Guangdong LED Industry Innovation and Development Symposium". At the meeting, Deputy Director Gong Guoping introduced that in just four years, Guangdong LED has established five major advantages in the country. The output value in this half year reached 154.5 billion yuan, and the total output value for the whole year is expected to increase by 350 billion yuan.
Dou Linping: In three to five years, there will only be about 5,000-10,000 LED companies left
With the implementation of national policies and environmental protection concepts, the LED industry has developed rapidly, and competition in the entire industry has become increasingly fierce. In this regard, Dou Linping said that the next three years will be more intense than today. It is expected that in three to five years, the number of LED companies will change from more than 20,000 to about 5,000-10,000. During this period, the entire industry will continue to undergo drastic changes.
The LED packaging output value in 2018 was estimated to reach US$25.9 billion
At the 15th World Light Strategy Conference held in Santa Clara, California, Katya Evstratyeva, an analyst from Strategies Unlimited, introduced the latest packaged LED market research results. The report showed that the market grew by 7% from 2012 to 2013, to approximately US$14.4 billion. However, it will grow rapidly in the next five years, with a double-digit growth rate. It is expected to reach US$25.9 billion in 2018 five years later, of which the general lighting field accounts for about 57%.
Global LED architectural lighting will reach US$23 billion by 2018
In 2013, the global LED lighting market size in the construction field reached US$8.1 billion, and by the end of 2014, it is expected to rise to US$10.3 billion. In this regard, Memoori said that the market size will further grow and will reach US$23 billion by 2018.
Automotive LED lighting has grown astonishingly and its output value will reach US$2.5 billion in 2018
LED lighting has entered the battlefield, and manufacturers are beginning to seek new blue oceans. The gross profit margin of LED automotive lighting is relatively better than other traditional applications, attracting many Taiwanese LED manufacturers to start deploying the automotive LED lighting field. In this regard, industry insiders said that the output value of the global automotive LED market (the sum of the pre-installed and after-installed markets) reached US$2.5 billion in 2018, with a compound growth rate of approximately 9% from 2014 to 2018. The output value of automotive LED in the pre-installed market will reach US$1.902 billion, while the output value of automotive LED in the after-installed market will also reach US$620 million. The market value of LED applications in high and low lights and fog lights will reach US$315 million in 2018, with a compound growth rate of 48% from 2014 to 2018.
LED car headlight market forecast: 250,000 units this year will triple in 2016
A few days ago, at an automotive lighting cutting-edge technology seminar, the head of Hella China’s marketing department said that in the domestic market two years ago, LED car lights were still more of a topic, and currently, many models equipped with LED headlights have been mass-produced and launched.
At the same time, the person in charge also made a bold prediction on the automotive lighting market: "In 2014, there will be 245,000 sets of LED automotive headlights in the entire domestic market, and this number will reach 907,500 sets by 2016, achieving more than triple growth. And with Car taillights with LED functions are even more widely used. Hella predicts that the market share of LED headlights will increase from 1% to 10% in 2018.
As smartphone screens increase and camera module pixels improve, demand for brighter Flash LEDs continues to grow. Market research institutions estimate that global Flash LED shipments will reach approximately 1.029 billion units in 2013, and shipments are expected to reach 2018. 2.074 billion units. The overall Flash LED revenue/output value will also grow from US$561 million in 2013 to challenge US$764 million in 2020.
The global LED lighting market will grow to US$150 billion in 2020
Through research and analysis, McKinsey stated that the total revenue of the global lighting market will grow to 150 billion US dollars (89.1 billion pounds) by 2020. Most of the growth will come from LED lighting, which will rise to 53.5 billion pounds (approximately 561 billion yuan). LED is expected to account for 60% of the lighting market in 2020. The cost of lamps will decrease by 30% every year until 2020.
In addition, market research organization Transparency Market Research (TMR) released a report stating that the smart lighting market is expected to be worth 33.23 billion pounds (348.9 billion yuan) by 2020. It is also predicted that the LED lighting market will grow by more than 30% from 2013 to 2029. And Europe will lead the world's LED market. In 2012, Europe accounted for approximately 33.1% of the global LED lighting market, making it the largest market.
The scale of mainland’s LED industry will reach RMB 1 trillion in 2020
After setting the 2015 goals for the LED industry in the 12th Five-Year Plan, mainland China has also announced its 2020 target plan. Key projects include the LED industry scale reaching RMB 1 trillion, the proportion of LEDs in general lighting reaching 70%, and energy-saving benefits increasing by 240% compared to 2015. This shows that as the mainland develops from rural areas to urbanization, the potential demand for LED lighting will continue to increase, whether for indoor or outdoor public lighting.
Summary
Overall, the LED lighting market is in a stage of rapid growth in 2014, although the growth rate in the second half of the year has slowed down compared to the first half. However, the rapid growth trend will continue for some time to come. With the advancement of urbanization, consumers are pursuing higher and higher quality of life, green energy conservation is deeply rooted in the hearts of the people, and the promotion and popularization of LED lighting products is gradually deepening. The commercial lighting market and the home market will continue to maintain a high growth rate this year and next, and the comprehensive replacement wave will promote the continuous blowout of the LED lighting market.
ANNA