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2014 Is A Key Year for The Development of LED Lighting

2013 for the LED lighting industry, can be described as a year of great significance journey . After the investment boom in the price war , closures , consolidation tide of , LED lighting market is gradually entering the rational development stage. Currently, the global "forbidden white" one after another and the growing movement to stimulate market demand , a positive surging tide of incoming replacing lamps . In this battle of traditional lighting " is revolution" in , LED will undoubtedly become the biggest beneficiary.

Under the increasing market demand, in 2013 became the first year of full-blown LED lighting , and 2014 is the key year for the development of LED lighting , in 2014 the industry have forecast , LED lighting industry will usher in a new round of broke out.

Prices continue to decline , lighting demand will surge

The past two years , the global lighting market began to show "no white" effect , but by the upstream chip technology to enhance the impact of the rapid decline and price gap between LED lighting and traditional lighting products narrowing between the upstream and downstream LED lighting products prices have become indisputable implemented. Currently, the price of LED lighting products is growing at an annual rate of about 20 percent decline in many areas , whether or replace 40W LED Bulb 60W minimum price have been even less than $ 10 , gradually approaching the price of traditional energy-saving lamps .

According to global research agency statistics , in October 2013 to replace 40W LED products worldwide prices fell more significant part of the regional brand lamps have the lowest prices fell below $ 10 , and the gap between different regions of the product price is gradually narrowing. Especially in the UK , showed 11 percent fell sharply. Part of the original high-priced items prices, low-cost items will continue to decline .

Currently, the global LED lighting products are varying degrees of speed gradually declined , the impact LED product prices, pushing prices there are two main factors : First, the LED technology to enhance the production costs can be lowered. In recent years , LED upstream chips huge investment , the current chip prices have dropped 30 percent in 2010 . While the new technology are endless , PhilipsLumileds, Toshiba, TSMC Solid State Lighting , Epistar and Formosa Epitaxy No products have been launched packaged chip , and become the future face of price pressures LED powerful weapon . The second aspect is because the prospects of LED lighting attracts huge influx of many of the capital, making the increasingly fierce competition in the market "price" have become an important means of competition LED enterprises. In addition , Philips , Panasonic , CREE LED and other international giants join further provoked the "price war" International LED brands.

Related research center that , thanks to the gradual decline of the middle reaches of the price advantage, the 2014 average global LED lighting products decreased space still expected 2013-2014 China LED indoor lighting products prices fell an average of about 20%, LED lighting market is expected to usher in a new round of strong eruptions. In the past, in the lighting market, with the lowest penetration of home lighting , it is because the price is too high over the last LED lighting products , home facelift often take years to recovery, but now with the LED bulb price , governments continue to ban incandescent , coupled with the overall global economic recovery , LED lighting will contribute to the fermentation , the projected demand in 2014 LED lighting market will have a more substantial growth. Meanwhile , the price decline will accelerate industry consolidation and survival of the fittest , forcing companies to reduce costs, strengthen management, optimize resources , integrated supply chain , enhance its competitiveness to meet the outbreak of the market.


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