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The monitoring data of CPbay's products in China shows that signs of LED global warming in 2013 are showing. Many domestic and foreign research institutions and the industry also generally gave optimistic forecasts.
CPbay China Product Harbor (hereinafter referred to as CPbay) is an exclusive foreign trade platform for high-tech products, bringing together many LED professional overseas buyers and quality suppliers. Comprehensive monitoring data, customer interviews and inquiries, transaction activity, CPbay analysts believe that the global LED market in 2013 will generally warm up, and presented five highlights.
Global LED output in 2013 may increase by 12% annually
The global LED market is driven by demand related to handheld devices and LED lighting products. It is estimated that the global LED output value in 2013 will reach 12.4 billion U.S. dollars, which is a 12% increase compared to 2012. In terms of industry dynamics, as the oversupply of the overall LED industry cannot be resolved in the short term, LED manufacturers will seek new applications and strategic alliances to ensure orders and improve profitability.
In 2013, the cost of LED packaging continued to decline. According to CPbay's monitoring data, the output value of LED packaging used in the lighting market in 2012 was approximately US$2.66 billion, an increase of 23.5% compared to 2011. Among them, LED packaging is used in architectural landscape lighting or projection lighting, light bulbs and other indoor lighting. However, in the case of falling prices of LED packages, the needs of lighting markets in various countries are slowly being opened up by the introduction of prices and price incentives. In terms of the global LED bulb market, the lowest retail price of LED bulbs equivalent to 40W incandescent lamps has reached US$10 in 2012 in Korea, the United States, and the United Kingdom, respectively, making consumers' willingness to purchase LED lamps gradually increase. The trend of continued cost reduction in 2013 will be even more pronounced.
In 2013, the penetration rate of global LED lighting output reached 20%, and global environmental protection awareness has been rising. LED lighting has become one of the major development policies in many countries. Under the promotion of national policies, LED lighting output will be significantly improved. In the LED lighting plans promoted by various countries, LED light bulbs will be one of the first products to be introduced. If the technical differences are not considered, the global light bulb market capacity will be about 20 billion. It is worth noting that CFL bulbs still have many advantages. Although the penetration rate of LED bulbs was only about 3% in 2011, it will reach 600 million in absolute terms; in 2013, the 40W and 60W conventional bulbs will be phased out. It is estimated that the LED bulb market can reach 2.5 billion.
After 2012, major LED manufacturers such as Philips, Osram, and Cree will attack the general lighting market, and many countries will start budgeting and replacing LED street lights. In addition, LED lighting prices will drop by more than 30% annually. , It is estimated that the penetration rate of global LED lighting output in 2013 will further increase to nearly 20%.
Large-size, high-resolution LED backlighting demand CPbay monitoring data shows that the demand for large-size, high-resolution panels will drive the demand for LED backlighting in 2013. Japanese and Korean smart phone brands started to adopt 4.7 and 5 inch panels. The increase in panel size has increased the number of LED backlights from 6 to 8 to 10, and if the size of the smart phone market in 2013 was about 870 million, The output value of smart phone backlight will reach 710 million US dollars.
At the same time, the size of TVs will continue to increase. The proportion of 50-inch, 55-inch and 60-inch will gradually increase, and the introduction of high-definition TV products will increase the average number of LED backlights used. The main design of large-size TVs is the side entry type. The 50- to 60-inch side-in type LCD TVs have reached 130 to 150 LED backlights. More TVs will be used in more than 70 inches in the future. In addition, 4K2K high-resolution (3,840*2,160) TV panels are introduced, and LED backlight module brightness needs to be increased. With the same size TV, the number of LED backlights used will increase by 3 to 50%.
LED Emerging Market Demand Heats up Outlook In 2013, CPbay analysts believe that due to the increased awareness of environmental protection and the government’s intensive efforts, LED lighting has rapidly penetrated into emerging markets such as Russia, India, Southeast Asia, the Middle East, and Africa. These countries or regions With high investment in construction investment and a relatively mature market for economic performance, there is room for significant growth in the demand for LED lighting products, or it will become another bright spot in the global LED market in 2013.
