The LED lighting market officially entered the high-speed growth stage in the second half of 2013. There are three major catalysts, including the price drop of LED lighting, government policies, and rising electricity costs. It is estimated that the LED lighting penetration rate will increase from about 20 in 2013 to 2016. The year is about 44, and this trend will also drive the rapid growth of LED lighting output. From 2013 to 2016, the LED lighting output value will increase at a compound annual growth rate of 35.
Observing the dynamics of traditional lighting leading factories around the country, these lighting factories have begun to increase the proportion of LED lighting business.
In Europe, Philips and Zumtobel currently have more than 30 LED lighting products, while OSRAM's LED lighting products in the first quarter of this year also have 32.
In addition, Acuity Brands, a well-known American lighting manufacturer, is also optimistic about the development of LED lighting in the North American market. It is estimated that from 2015, LED lamps will account for more than 50% of all North American lighting.
In addition, Sunlight Lighting is China's largest lighting ODM factory. Since the first half of last year, it has seen rapid growth in sales of LED lighting business.
According to Lyon data, in addition to the transformation of traditional lighting factories, LED component factories (including die factories, packaging plants, etc.) are also transforming lighting business opportunities, such as Seoul Semiconductor, LG Innotek, Taiwan Crystal, etc. Between 2011 and 2012, the proportion of LED lighting revenue was only about 20~25, and last year it grew to 30. It is estimated that this year it will increase to about 40 water levels.
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