Sunday, March 24, 2013

Chinese LED Market Becomes More Rational

LED Financial Subsidies Promote LED Declining

Due to the double incentives of policy efforts and the huge market, China LED market dynamic has been the industry focus. Chinese official released before the annual semiconductor lighting products financial subsidies to promote the project has been officially opening. The results of the bidding, the agency Trend Force's research department of the global market research think that LED inside the finalists is a significant reduction in costs and prices, the Chinese LED lighting industry mainstream standards have been raised, lighting the advent of the sweet point, future foreign investors in China market face competition in the local Chinese manufacturers, which has been inevitable. Seen from quotation, street lamps of outdoor lighting and outdoor led landscape lighting, the average cost per watt has reached about 11 RMB, compared with the general 15-18 RMB / W market price have reduced significantly. The bid opening price is significantly lower than the market price is a manifestation of the effectiveness of direct financial subsidies. Indoor lighting costs are pulled down to 7 RMB / W standards, this value is close to the critical point start LED inside forecasts indoor lighting market, under the financial subsidies promotion, the consumer to bear the price will further decline to 5 / W, is expected to be relatively ideal market acceptance.

LED Lights Reflect the Cost of Power

As for offer, since the tender sets up a lot of restrictions, such as requirements to be included in the module and interface versatility scoring factors to reduce product complexity, while the establishment of a minimum annual production requirements, to ensure the high productivity of the bid opening businesses, therefore as for the shortlisted companies, the offer is relatively much to be rational, LED inside said that under the new bidding rules, party lighting design standards of quality and optical efficiency has higher degree of homogeneity, so the power is the main factor to affect offer. In luminous efficiency, to be able to monitor the luminous flux of the street lamps and outdoor led light bulbs, for example, the successful vendors also reflect the high design standards. As for the average light efficiency, lighting efficiency of many manufacturers has reached more than 100 lumens per watt.


The Level of LED Lamps Efficiency Rises

LED inside thinks that the successful vendor is expected to further open markets, through financial subsidies enhance seepage through the terminal market penetration for LED industry to open more to the overseas market, to ease the current industry overcapacity problem. Chinese manufacturers have the opportunity through better value for money, boost sales and to get a larger share of the subsidy, and promote the rapid development of the upstream industry chain in China.

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