From the industry view, the Chinese LED industry scale growth rate in 2012 reached 34%, indicating that the market growth rate remained at a higher level. But the speed is much larger than the scale of the entire LED industry capacity expansion growth rate, the intense price competition, and leaded to the entire LED industry exudes a chill.
Affected by the global economic downturn, the 2012 LED market growth rate in Europe and the United States, Japan and other than the domestic market, resulting in the LED enterprise mainly export orders generally decline; With the whole industry chain product prices dropped significantly, a direct result of Mao-The rapid decline in interest rates.
The packaging industry in the middle of the LED industry chain, LED lighting white packaged devices in 2012 average prices fell by more than 30%, LED packaging industry has gone through the era of high margin.
In downstream applications, in 2012, LED Tube, LED Bulb, LED panel lights, LED down-light and other indoor lighting products, the average price fell by 23%.
SEMI China’s senior analyst and the LED project manager Qifa Xin told reporters that as a sunrise industry, the demand for LED market in 2012 had not declined, but the expand production capacity far exceeds demand. And domestic manufacturers in the field of high-end lighting had not assigned too much market share, they can only be in the low-end to compete price war, resulting in structural overcapacity.
Promising future; in short-term, oversupply will continue
In order to support the development of domestic LED industry, following a long ago LED was included in the government procurement list, the National Development and Reform Commission, Ministry of Science and Technology recently released a “semiconductor lighting energy industry planning, said it will gradually increase efforts to promote financial subsidies. This is considered to be conducive to the LED lighting in the various fields of application penetration, which can be described as a bright, LED lighting market prospects.
2013 for domestic LED industry, there will likely slow year. “Tang Guoqing said that the possibility of the 2013 LED market decline is almost non-existent, the Secretary-General of the China Illuminating Engineering Society semiconductor lighting technology and application of professional committees. For individual enterprises, the decline in the possibility will exist.