In the first half of the year, the LED indoor lighting market grew by 36% year-on-year
According to the latest report released by the High-Tech LED Industry Research Institute (GLII), from the first half of 2011 to the present, China has added nearly 1,800 LED indoor lighting companies. Among them, in the first half of this year alone, there were nearly 1,000 new companies. In terms of market size, data shows that in the first half of this year, the overall scale of China's LED indoor lighting market increased by nearly 36% year-on-year.
In terms of product prices, in the first half of this year, the price of domestic LED indoor lighting products fell by an average of about 10%, of which the price of products exported to the European and American markets fell between 8% and 10%, while the prices of products exported to the Japanese market were relatively stable. Between 5% -8%.
As of the end of June 2012, the ex-factory price of LED bulbs that replaced 40-watt incandescent lamps in the domestic market had dropped to 35 yuan.
Market size increased by 36% year-on-year
According to the GLII report, in the first half of 2012, China's LED indoor lighting market grew rapidly, with a year-on-year increase of nearly 36%. Among them, the sales growth rate of four categories of LED lamps, LED bulbs, LED downlights and LED spotlights was obvious. It is estimated that in 2012, China's LED indoor lighting market will exceed 25 billion yuan, a year-on-year growth rate of more than 40%.
The survey shows that in the first half of this year, there were more than 1,800 new LED indoor lighting companies, and more than 60% of them entered the LED display and LED packaging industry.
Due to the slowdown in the growth rate of the LED display market in recent years, related companies generally face the problem of how to achieve business transformation. As the largest LED application market in the future, indoor lighting has naturally become the first choice for many LED display companies.
In addition to display companies that have previously entered the LED indoor lighting market, such as Zhouming Technology and Lianjian Optoelectronics, veteran LED display companies such as Regent Optoelectronics and Sanco have also accelerated the development of LED lighting business. At the same time, as the largest domestic display company with revenue, Shanghai Sansi has also begun to develop LED indoor lighting products and plans to launch LED indoor lighting products next year.
Ex-factory price decreased by 10% month-on-month
GLII reports that since the first half of this year, the price of China's LED indoor lighting products has shown a slight downward trend, falling within 10%, of which the factory price of 5W LED bulbs with luminous flux between 420-450lm has been reduced to about 6.5 US dollars; luminous flux The ex-factory price of 18W, 1.2m, T8 LED tubes around 1600lm dropped to below 100 yuan; the ex-factory price of MR16 3W LED spotlights with luminous flux around 240lm dropped to around $ 3.
At present, the sales of LED indoor lighting manufacturers in the domestic market are still mainly undertaking commercial and government renovation projects. The product prices have not fallen sharply. The gross profit margin of undertaking engineering projects can mostly be maintained at more than 30%.
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