The industry is generally optimistic about the LED market this year

In the first quarter of this year, the overall growth of the semiconductor lighting industry in China has become one of the most concerned issues in the industry. According to the survey, most LED industry players are optimistic about the overall growth forecast this year. Among them, 37% of respondents believe that in 2013 China's semiconductor lighting industry will maintain an increase between 20% to 30%, increasing The rate is basically the same as last year; 29% of respondents believe that the growth rate will slow down, that is, the industry growth rate will remain at 10% to 20%; 16% of the respondents chose to increase at 30% Between -50%; In addition, nearly 10% of respondents predict that the growth rate will exceed 50%.

The reasons for optimistic expectations are as follows: First, the policy environment has become the main driving force for industrial development at this stage. The promotion of national favorable policies, such as demonstration application projects, has led the direction for the application and promotion of LED products in the next step. At the same time, the development of the semiconductor lighting industry in China has been continuously driven by the two-wheel drive of markets and policies.

Second, in recent years, investment in China's LED lighting industry has been showing rapid growth. With the adjustment of the investment structure in 2012, the investment in the semiconductor lighting industry in China will become more and more rational, highlighting the competitive advantages in the application field, which will help further enhance the overall competitiveness of China's semiconductor lighting industry.

In addition, the news surface, the LED industry ushered in the second quarter of the season, LED companies are aware of the significant volume of lighting products orders, LED benefits from the national policy to promote, medium and large size backlight demand to pick up, lighting terminal customers actively stocking, showing the industry boom Good.

Shen Jianfeng, a researcher who pays attention to the upstream chip leader Hongyuan Securities, analyzes that due to the huge demand for street lighting, commercial and civilian lighting LED lighting, LED lighting is facing trillion-scale general lighting market, and the incandescent lamp replacement market will add 12 billion yuan per year. Only the light source requirements above, so the LED lighting market penetration is huge. In the industry chain, it is most optimistic about the downstream lighting application companies with brand and channel advantages, and the upstream chip leading manufacturers with higher industry concentration. Key recommendation companies: BDO Runda, Sunshine Lighting, Chau Ming Technology, Ruifeng Optoelectronics, Jufei Optoelectronics.

BOC International analysts believe that LED industry demand will resume quarter by quarter this year, civil demand may have a good improvement in the second half of this year to the end of the year, the integration effect within the industry will be further strengthened. The focus is on Ruifeng Optoelectronics, Jufei Optoelectronics and BDO Runda.