English
Your present location:HOMEProject&NewsIndustry News / With favorable policy support, the LED industry to usher in the spring

With favorable policy support, the LED industry to usher in the spring

Date:2013-10-09 15:24:58

In November 4, 2011, the national development and Reform Commission issued a formal Chinese phasing out the incandescent lamp roadmap, to 2016, China will be divided into five steps gradually bans the import and sale of incandescent lamp. In addition, the 12th Five Year Plan "“ ” energy saving and environmental protection industry development planning" or may be issued at the Seventh National Environmental Protection Conference, industry rumors LED lighting is expected to officially included in the scope of subsidies, issued before the end of the first round of LED lighting products subsidies, amount of about 8000000000 yuan, the first for indoor lighting and commercial lighting products subsidies, after and then gradually expand the strength and scope of subsidies. Visible, the market for the national introduction of LED related support policies are expected to increase.

 

LED发光效率高,相同照度下功耗少,使用白光LED照明,可比萤光灯节能50%以上,比白炽灯节能80%以上,且其具有寿命长、不含汞、无污染、安全性好的优势,是公认的第三代电光源。2012年,美欧日中等主要国家都将逐步或完全淘汰白炽灯,这為LED的普及奠定基础。同时,从价格下降趋势来看,白光LED的性价比将在商业照明领域显出优势,2012年有望成為LED照明普及的元年。中国是白炽灯的生產和消费大国,中国照明用电约占全社会用电量的12%左右,节能减排空间巨大。以中国白炽灯和节能灯的累计80亿隻的年產量,按照目前的单价作最粗略地估算,如果全部替换成LED灯,LED通用照明潜在的市场空间在4000亿元以上。

由於照明市场渗透率尚低,而显示幕和背光市场的不景气,LED需求不振,受產能释放的压力和LED產品价格持续下降的影响,今年三季度是LED行业的业绩低点,自10月份开始LED照明需求和显示幕需求已呈企稳回升态势。随著白炽灯被淘汰和对节能照明產品的补贴,LED照明市场有望加快啟动,行业的春天即将来临。

就投资而言,我们认為LED照明的全面普及离不开政府补贴的推动,而补贴很大可能是针对终端的產品,因此產业链的下游有望率先受益,可以重点关注具有规模优势、技术优势和较早介入LED照明应用领域的企业。当然,从LED行业前两次景气週期的经验看,中上游在行业景气时其盈利能力的弹性比下游更大, 因此随著LED照明產品被消费者主动採用,一些晶片及一体化企业也会随之迎来机会,尤其是具备中大功率照明用晶片的生產或封装能力的企业,建议关注并发掘相关投资机会。

TypeInfo: Industry News

Keywords for the information:

New Products