2013 LED general lighting demand accelerated release

According to the relevant research report, the demand for LED general lighting in the Chinese market in the third quarter of 2012 increased by 52% year-on-year, and it is expected that the demand growth in the fourth quarter will exceed the third quarter and increase by more than 60% over the same period last year. At the same time, the rapid increase in the number of domestic LED lighting companies in the first half of 2012 has indirectly led to increasingly fierce market competition.

According to the GLII data, from the first half of 2011 to the first half of 2012, there were nearly 1,800 new domestic LED interior lighting companies. Among them, in the first half of this year, there were nearly 1,000 new indoor LED lighting companies in China. With the continuous improvement of LED light efficiency and the continuous decline in product prices, the price difference between LED lighting and traditional lighting products is gradually narrowing, and the comprehensive advantages of products are constantly emerging.

In the third quarter of 2012, LED fluorescent tubes, LED bulbs, LED panel lights, LED ceiling lamps, LED downlights, and LED spotlights have become the main product categories for the growth of LED indoor lighting market demand.

GLII data show that in the third quarter of 2012, the prices of indoor lighting products such as LED fluorescent tubes, LED bulbs, and LED downlights in the domestic market fell by an average of more than 9%, and the output value increased by more than 46%, while the output increased by more than 60% year-on-year.

● The LED bulb has always been the category with the largest price drop and the largest market demand. In the third quarter of 2012, the average ex-factory price of 3W LED bulbs (replacement of 8W energy-saving lamps) in the domestic market was lower than 12 yuan, a decrease of 11.8% from the second quarter, and prices of 5W, 7W, and 10W LED bulbs all dropped more than 9%. The continuous decline in prices has driven the rapid growth of the LED lighting retail market. According to a survey conducted by GLII on lighting stores and lighting cities in southern China, the retail price of 3W LED bulbs has dropped to about 15-20 yuan, which is close to the publicly accepted critical price point of 8-10 yuan.

● LED panel lights have continued to decline in price since 2011. In the third quarter of 2012, the market price of LED panel lights decreased by 10.5% month-on-month, which was a decrease of more than LED fluorescent tubes. Due to strong market demand, LED panel lights ranked first in terms of output value of various indoor lighting products in the third quarter of 2012.

● The output value of LED downlights is the smallest, but from GLII survey data, LED downlights are the most mature LED indoor lighting products entering lighting and lighting counters.

Export growth exceeded expectations

In the third quarter of 2012, the domestic LED general lighting output value grew rapidly. Besides benefiting from the rapid growth in domestic market demand, it also has a direct relationship with the rapid growth in the demand of the export market. According to GLII statistics, the growth of China's LED general lighting products has decreased in the second quarter of 2012, but the export growth in the third quarter has been significant, with an increase of more than 40% from the previous quarter. In 2012, the global economic environment was the worst year since 2008, but China's LED general lighting products continued to grow. The reason is that all countries are adopting a series of measures to stimulate economic development. In 2012, the global economic weakness continued, but the concept of LED energy-saving lighting environmental protection has been recognized by governments and people in all countries, especially in Europe, the United States, Japan and South Korea and other countries with strong energy-saving concepts. In addition, the continued deterioration of the economy has also forced governments to adopt policies such as energy-saving emission reduction and stimulation of consumption to stimulate economic growth. According to GLII statistics, in the regional distribution of China's LED general lighting export market in 2012, Europe became the largest overseas market, accounting for more than 30%.

At the same time, Russia, Turkey, Brazil, Australia, South Africa, India and Southeast Asia have become new highlights of this year's export market. Among the LED indoor lighting product categories exported, LED fluorescent tubes, LED bulb lamps, LED ceiling lamps, LED spotlights, and LED panel lamps still account for the largest proportion, among which LED panel lamps have the highest growth rate in this year's export lighting products. , an increase of 80% year-on-year; at the same time, the proportion of outdoor lighting in export products this year is about 30% higher than the same period in 2011. GLII expects that in 2013, China's LED general lighting products will be stimulated by the double positive factors of rapid growth in the export and domestic demand markets, and will enter the fast lane of market demand growth in 2013.

Incandescent lamp delisting has short-term effect

Following the EU, the United States, etc. proposed incandescent lamp elimination schedule, China also took its own road map, which means that the full delisting of incandescent lamps entered the countdown.

On October 1st, 2012, the incandescent lamp elimination route in China entered the implementation phase, and the import and sale of incandescent lamps with general lighting of 100 watts or more were officially banned from the day. However, the prohibition of incandescent light bulbs is not directly related to the launch of the LED civilian market. Since the price difference is still not at the critical point that consumers accept, the energy-saving lamp is still the main replacement product after the incandescent lamp has exited the market in the short term.