April 26, 2024

LED terminal product prices rebound, industry boom is expected to remain high

The rebound in the price of LED terminal products has driven the LED industry into a one-way uptrend channel. Industry experts predict that the LED lighting market is expected to achieve 28.5% growth in 2015, benefiting from the ban on incandescent lamps and the price/performance ratio of LED lighting products. The domestic growth rate is expected to exceed 40%, and the industry boom will continue to be high.

The rise in the price of end products means that domestic demand continues to be strong, and the cost performance of domestic LED lamps has been extremely competitive. According to the latest statistics, the retail price of LED bulbs replacing 40W in China rose 4.1% to US$5.1 in March compared with US$4.9 in March. The retail price of LED bulbs replacing 60W incandescent lamps also rose slightly from US$13.8 in March, reaching US$14. At the same level, both have a 13% increase compared to the lows of November last year.

From the recent technological development trend, the light source light efficiency can reach more than 220 lm / w, and the market price of terminal lighting products has continued to decline, the products of Osram, Cree and other companies have been reduced to around $ 10, while the same brand The price of energy-saving lamps is about 5 US dollars. Considering the great difference in service life, the actual use cost of LED lamps is cheaper than ordinary energy-saving lamps.

The LED revenue announced by LED companies recently showed that LED lighting has a high degree of prosperity. The revenues of LED lighting companies such as Dongbei and Edison have generally reached new highs. Among them, Dongbei's April revenue reached NT$936 million, a year-on-year increase. 17%, Edison's revenue in April reached NT$408 million, a year-on-year increase of 52.2%. Dongbei spokesperson Weng Congzhi said that the LED lighting season started ahead of schedule. It is estimated that the overall LED industry revenue will enter a positive growth cycle from April, and the second quarter revenue will have double-digit growth. And Edison's revenue growth, but also thanks to the lighting, the company recently added a lot of orders in the Asian market, but also entered the automotive LED, the company's operations appeared a good trend. The integrated manufacturer Jingdian also made it clear that the lighting customers in April were better than the TV backlight. The order in May was still stable, and the lighting season was coming early.

Among the A-share listed companies, Sunshine Lighting has successfully transformed from traditional lighting to LED new lighting enterprises. The company's market channels and brand advantages are very obvious, and it is gradually transforming from OEM to private-brand enterprises. The company is moving to intelligent lighting systems. The supplier is transforming. Guoxing Optoelectronics Co., Ltd. is a leading enterprise in the field of LED white light device packaging. The company is actively pursuing upstream chip and downstream terminal lighting. The rapid increase in shipments of downstream customers such as Foshan Lighting and Sunlight Lighting also boosts the company's high-power device revenue. By integrating the three LED companies of Yaming, Shenan and Shenglu, Feile Audio is involved in the entire industrial chain of LED lighting R&D, production, sales and engineering. The company uses the listed company platform to provide suppliers with supply chain financing to agents. Providing a relaxed capital environment, through the market initiatives such as large project centers and international business centers, the company's revenue target is 5 billion yuan, which is 100% higher than last year's revenue.

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