China's LED industry is expected to enter the explosive growth

Guangzhou Xinhua October 17 (Reporter Wu Weihong) Recently, the reporter learned that, with the light-emitting diode (LED) and other green energy in the universal application of the globe, our LED lighting products export is in rapid growth. Insiders said that the current LED industry, strong export and domestic market potential is huge, the next few years, led high bay light price is expected to usher in the explosive growth.

In the 116th Canton Fair lighting exhibition, the reporter saw domestic companies have exhibited a wide variety of LED lighting, some companies develop new products can be manipulated using Bluetooth, a number of new product design novel also won the Fair because of export products design Awards attracted many overseas businessmen to consult.

"This year's LED export situation is very good, stable export markets in developed countries, emerging countries has grown rapidly in the next few years, the domestic market is expected to show explosive growth." LED lighting division, general manager of Shenzhen Mao-Xin Dai Yuanqing electronics company forecast.

Insiders said that the blue LED chips before the invention, can not be applied to the specific white lighting. The emergence of true blue LED into the home, road and landscape outdoor stage large-scale applications, and to subvert the era incandescent and energy-saving lamps, helps to reduce carbon emissions and environmental protection.

Director of the Joint Innovation Center of Guangdong Province semiconductor lighting industry assistant Li Wenyu told reporters that the current rapid development of LED industry, market prospects. Guangdong Province last year, LED exports reached 60 billion yuan, of which the Russian market is growing very fast, the growth rate of 100%.

According to the authoritative estimates, the next 3-5 years, China's LED lighting products exports will remain 40% annual growth, which slowed down the growth rate of the European and American markets, the strong growth in emerging markets.

According to China CCCME, currently Russia, Southeast Asia and the Middle East are our LED lighting products export orders the fastest growing overseas markets.

"At present, the domestic consumer market is not mature LED, LED product advantages and energy-saving ideas need further publicity and guidance, along with the relevant product standards and gradually improve the domestic LED market will usher in rapid growth." Dai Yuanqing said.

LED temperature change of the industry, from the performance of listed companies can also be discerned. Reported data show, A shares of 22 listed companies in the first half of 2014 led street light with solar panel of 11.62 billion yuan, an increase of 32%; total profit of 1.79 billion yuan, an increase of 31%.

However, the Electrical Association also said that while the market prospects, China's LED lighting industry still exists overcapacity, fierce price war, rising costs and a series of issues related to the gradual accumulation of increased market risk, and we must pay attention to the relevant enterprises and departments. From the technical level, although the recent years, increasing research and development of domestic LED enterprise innovation, but compared with international counterparts is still not a small gap.

"Domestic LED enterprise technology still needs to be upgraded, 80-90% of the companies are packaging production, the key chip technology is still controlled by the United States, Japan, South Korea enterprises in the hands." Dai Yuanqing said.