Philips market demand returns
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November 30 10:02:01, 2024
The demand for LED in the lighting application market has gradually matured. Zhou Xuejun, director of marketing for Philips Lumileds Asia, pointed out that with the improvement of LED light efficiency and price decline, it will reach a sweet spot, the market will grow rapidly, and there will be doubts in the foreground, especially China. It will resume in the fourth quarter and will continue to grow in the first half of next year. Zhou Xuejun said that LED is mainly driven by the replacement demand in the lighting application market. At present, the penetration rate of the mainland street lamp market is about 20, while the decoration lamp for restaurants and hotels is 15 and the lighting for the office is less than 10. As a result, many public works have stopped, and LED growth has been delayed. The mainland long holiday has been pulled in advance. Wang Fei, a senior analyst at LEDInside of TrendForce, pointed out that the previous mainland's inventory adjustments did have a downturn in July and August. With the fourth season of lighting season, plus international brand customers for the Spring Festival holiday next year. Pulling the goods ahead of time, let the LED market start to warm up in October. It is estimated that the output value of LED output in mainland China will increase by 60% compared with last year, and the output value will grow by 30. The market situation next year is equivalent to this year, but due to the high base period this year, therefore, next year The growth rate will not exceed this year. Zhou Xuejun also said that with the start of the fourth season, the demand for streetlights began to be warmed up in the first half of next year, driven by commercial and indoor lighting. The lighting market is the main reason for the growth of LED demand in the mainland. He pointed out that after the whole lighting market rose from the second half of last year, as the price of LED bulb products continued to decline, the efficiency was improved upwards. It is estimated that the sweet spots expected by consumers will be improved in the next year, and the replacement effect will be further improved. . The growth of lighting is still the largest. Zhou Xuejun said that from 2014 to 2018, LED applications still have the largest kinetic energy for lighting growth. The estimated compound annual growth rate of the relevant output value is still as high as 19, followed by automotive lighting 9 and FlashLED for camera applications. 4 years compound growth rate. At present, the most widely used panel backlight application is because the penetration rate is close to 100, and the future will face the pressure of recession. The annual compound growth rate is -5. Although various industry players are actively investing in the automotive market layout, they are mainly medium and small power. Mainly in the car, the headlights need to use high-power LED lights, this part has a higher threshold, so it is still Osram, Philips and Nichia. Cross-strait LED manufacturers are actively rushing into the lighting application market. As the lighting market grows, the market share of the two sides has increased significantly. From the statistics of 2013, Japan still holds the head of the LED industry, with a market share of 27, South Korea maintained at 27, Taiwan and the mainland increased to 16, 10 respectively, the US market share is about 13, and Europe is 8. Zhou Xuejun is optimistic about the status of Taiwan LED manufacturers in the global market. Taiwanese companies are leading in the middle power market and are working hard on high-power products.