Gaogong LED UNIS Securities Launches 2012 LED Industry Research Report

Recently, China's well-known emerging industry research and consulting agency - the Institute of Advanced Industrial Research and the national large-scale comprehensive securities company - Guosen Securities launched a heavyweight LED industry research report - "The industry prospects are bright, preferred middle and lower reaches of the packaging quality enterprises."

This is in accordance with the joint Shenwan research last year, officially released the "four quarters of 2011 LED industry analysis and investment strategy report", the high industrial industry research institute and the domestic large brokerage research institutions jointly issued the LED industry authoritative investment report.

The following is a summary of the report:

The LED market has huge capacity and the industry has bright prospects

Gaogong LED predicts that in 2012 China's LED industry application output value exceeded 150.4 billion yuan, an increase of 30%. Driven by the national support policy, the strong demand for downstream LED street lamps and commercial lighting will drive the rapid growth of the domestic LED industry output value, and the industry growth rate is expected to exceed 25% in the next three years.

8 billion LED road lighting procurement plan is about to come out, look forward to follow-up support policy

Recently, any student of China’s Central Commission for Capital Investment Affairs revealed that China’s Central Commission for Capital Investment will allocate 8 billion central budget extrabudgetary funds to purchase 4 million LED efficient road lighting products during the “Twelfth Five-Year Plan” period. The procurement of the Capital Investment Committee directly reflects the importance of the development of the LED industry at the national level. The short-listed tender notice for the financial subsidies for LED lighting products promoted by the Ministry of Finance and the National Development and Reform Commission has also been announced on February 27. Subsequent subsidy policies for LED lighting products are expected to be introduced. The state's subsidy policy for LED lighting products will promote the industry. The rapid development.

Globally, countries and regions have successively issued policies to support LED applications and the continued maturity of LED application products and applications will directly drive the rapid growth of China's LED application market in 2012.

Upstream Chip Technology Advances and Price Drop Improves LED Lighting Cost Performance

The rapid improvement of LED chip technology will improve the luminous efficiency, which will reduce the cost of LED chip materials, but will also reduce the cost of supporting materials such as heat sinks, and ultimately reduce the overall cost of LED lighting products. Large-scale investment in the industry since 2009, to promote the rapid release of chip production capacity. Since 2011, chip prices have fallen by an average of 40%. The decline in upstream chip prices will help reduce costs and increase the cost-effectiveness of LED lighting products and general energy-saving lighting products.

LED lighting industry has come "inflection point" in spring

Gaogong LED expects domestic LED indoor lighting output value and LED street lamp output value to increase by 65% ​​and 62% year-on-year in 2012, respectively. At the same time, according to the industry research feedback from Gaogong LED, the order status of the industry in 1Q 2012 has started to pick up. The "inflection point" of the industrial spring has already appeared.