China Semiconductor Lighting Industry Market Analysis and Forecast

1. Development Background and Status Quo of Semiconductor Lighting Industry Since the birth of the first semiconductor light emitting diode in the world in the 1960s, as a new lighting technology, LED uses semiconductor chips as luminescent materials and directly converts electrical energy into light energy. The advantages of high luminous efficiency, low power consumption, long service life, high safety and reliability, and environmental protection and sanitation are considered by the industry to be one of the greatest inventions after Edison invented incandescent light bulbs. The following table shows the performance comparison between LED lamps and traditional lighting fixtures at this stage:


Some developed countries and regions have successively issued strategic plans for the development of semiconductor lighting, and issued corresponding measures to promote the development of the local semiconductor lighting industry. The United States has vigorously developed the semiconductor lighting industry and currently owns companies such as Lumileds, Gree, and Color Kinetics (CK), and has already started the 'Next Generation Lighting Project' (NGLI). Japan has completed the first phase of the '21st Century Lighting' development plan. It is organizing the implementation of the second phase of the plan, vigorously strengthening the understanding of the importance of the development of the semiconductor industry, the government assisting in the establishment of standards, and implementing technology leadership under a sound technological R&D system. Strategy, and a strong government support system. South Korea’s development experience is the expansion of large enterprises under the leadership of the government, taking industrial agglomerations to accelerate development, and using applications to stimulate the market. The European Union's 'Rainbow Plan' was launched in July 2000 and commissioned six large companies and two universities to promote the application of white light-emitting diodes through EU subsidies.

Philips estimates that the semiconductor lighting market will grow at an average rate of 6% between 2010 and 2020. From the perspective of light sources, mainly incandescent lamps and fluorescent lamps are mainly used. In accordance with the plan to phase out incandescent lamps in various countries, incandescent light bulbs will be completely banned in 2020. Therefore, replacing incandescent light bulbs with the market has given LED lighting manufacturers tremendous business opportunities. LEDinside estimates that the LED bulb output will account for more than 30% of the traditional bulb market penetration in 2014. Semiconductor lighting is an emerging industry that will gradually replace traditional lighting. Philips believes that the current penetration rate of LED lighting in the general lighting sector is about 3%. It is estimated that the proportion of LED lighting in the general lighting sector will reach 50% in 2015, by 2020. Will reach 80%, LED lighting products will fully enter the traditional lighting field, becoming the world's major lighting.

According to statistics, the current global lighting market scale is between 630 billion and 70 billion US dollars. In particular, with the economic development of modern society, environmental pollution and energy consumption are becoming more and more serious. Energy-saving and environmentally-friendly lighting methods have increasingly become the focus of governments in various countries. Semiconductor lighting has gradually gained due to its outstanding performance in environmental protection and energy saving. Support and promotion of governments and commercial organizations in various countries. With the gradual increase in the price and luminous efficiency of LED chips, the commercial conditions for semiconductor lighting to penetrate into all areas of general lighting have become more and more mature. At present, the luminous efficiency of LED labs has reached 208lm/W, which is far superior to traditional lighting methods. In the foreseeable future, the luminous efficiency of LEDs will further increase significantly.

Therefore, various governments in the field of semiconductor applications have launched a subsidy program (subsidy amounted to 30% to 55% of the product price), and strongly encourage the popularity and application of semiconductor lighting. At present, the LED industry has formed a competitive pattern dominated by the United States, Asia, and Europe. Creeton, Lumens, and Nichia Chemical take advantage of their technological innovation in the high-end chip field, occupying the dominant position of LED upstream. The LED industry in Taiwan in China has rapidly emerged in recent years, and its chip and packaging business has great influence in the world. In recent years, China's LED industry has developed rapidly. Driven by the support of national policies and downstream application requirements, a relatively complete LED industry chain has been formed. China's LED industry mainly gathers in the Yangtze River Delta, the Pearl River Delta, and the Yunnan Triangular Area. Industrial cluster effect.

In China, in May 2009, the Ministry of Science and Technology issued the "Ten City Ten Thousands" Semiconductor Lighting Application Pilot Project, which is expected to invest 1 million LED municipal lighting in 21 domestic developed cities such as Beijing, Shanghai, Shenzhen, and Wuhan. Luminaires, completed construction of 50 semiconductor lighting demonstration cities in China from 2010 to 2012, applying 2 million LED municipal lighting fixtures. It is expected that in the next few years, semiconductor lighting will enter the high-speed development stage as the entire LED industry cluster continues to expand.

2. Market scale analysis of China's semiconductor lighting industry After more than 50 years of development, China's lighting industry has gradually formed a lighting market with incandescent lamps, fluorescent lamps and other traditional lighting as the main body. According to statistics from the China Lighting Association, China's lighting market has entered a period of rapid development since 1999, and the overall market scale has grown from 45 billion yuan in 1999 to 300 billion yuan in 2008 (including lighting exports). According to the “Opinions on the Development of Semiconductor Lighting Energy-saving Industry” issued by the National Development and Reform Commission and other departments in 2009, by 2015, the average annual growth rate of the semiconductor lighting energy-saving industry output value will be around 30%, the functional lighting will reach 20%, and the liquid crystal backlight source will reach 50%. Above, the market share of landscape decoration and other products reached more than 70%. Traditional incandescent lighting fixtures will gradually exit the lighting market. In 2009, the output of ordinary incandescent lamps was 2.73 billion, which was 18.3% lower than the 3.34 billion in 2008. It is estimated that by 2013, the annual output of incandescent lamps in China will be reduced to 1.42 billion. By 2020, the production and use of incandescent lamps will be completely banned. .

From the perspective of the application of semiconductor lighting, it is mainly distributed in the three major areas of outdoor lighting, landscape lighting and indoor lighting. With the improvement of the cost-effectiveness of LED chips, and the improvement and maturity of various semiconductor lighting solution systems for integrated lighting design, control design, thermal design, lighting design, power design and other factors, and application characteristics for different light environments, semiconductor lighting has been More and more infiltrated into the traditional lighting field, it has gradually been widely used and promoted. The following figure shows the scale of China's semiconductor lighting market:

From the perspective of various segments of semiconductor lighting, there are different market characteristics due to different user groups and application characteristics. among them:

(1) Outdoor lighting market mainly includes LED street lamp market and LED tunnel lamp market. Due to the particularity of its application, it has been strongly encouraged and supported by government, transportation and other public utilities departments. It is the earliest penetration of semiconductor lighting into traditional lighting. The market of the field. As the energy consumption of public transportation has gradually increased, the government has begun to vigorously promote the construction of semiconductor lighting demonstration projects in recent years. Through the provision of government subsidies and other preferential policies, the popularity of LED street lamps and LED tunnel lights has been promoted.

LED street lights and LED tunnel lights are specific applications of high-power semiconductor lighting technology. With the construction of urban roads and tunnels in the country, rapid development has been achieved. From the LED street light market, LEDinside estimated that the global number of LED street light fixtures in 2010 was approximately 870,000, which was approximately 43% higher than the 610,000 reported in 2009. In 2009, the number of LED street lights in China was approximately 250,000, which is expected to The increase of 60% will reach a scale of 400,000 yen or more. It is estimated that between 2008 and 2013, LED street lamps will maintain an average annual growth rate of over 100%. By 2013, the market size of LED street lamps will reach 10.663 billion yuan. In the market of LED tunnel lights, according to the Statistical Highway Bulletin of the Highway Water Transport Industry of 2009, the highway tunnel in the country reached 3,942 kilometers in 2009. It is expected that LED tunnel light will grow rapidly between 2008 and 2013, and the LED tunnel light market will reach 2.057 billion by 2013.

Mainly includes the LED street lamp market, LED tunnel lamp market, etc., and due to the application of the special nature of the government, transportation and other public utilities departments to encourage and support, is the first semiconductor lighting penetration into the traditional lighting market. As the energy consumption of public transportation has gradually increased, the government has begun to vigorously promote the construction of semiconductor lighting demonstration projects in recent years. Through the provision of government subsidies and other preferential policies, the popularity of LED street lamps and LED tunnel lights has been promoted.

LED street lights and LED tunnel lights are specific applications of high-power semiconductor lighting technology. With the construction of urban roads and tunnels in the country, rapid development has been achieved. From the LED street light market, LEDinside estimated that the global number of LED street light fixtures in 2010 was approximately 870,000, which was approximately 43% higher than the 610,000 reported in 2009. In 2009, the number of LED street lights in China was approximately 250,000, which is expected to The increase of 60% will reach a scale of 400,000 yen or more. It is estimated that between 2008 and 2013, LED street lamps will maintain an average annual growth rate of over 100%. By 2013, the market size of LED street lamps will reach 10.663 billion yuan. In the market of LED tunnel lights, according to the Statistical Highway Bulletin of the Highway Water Transport Industry of 2009, the highway tunnel in the country reached 3,942 kilometers in 2009. It is expected that LED tunnel light will grow rapidly between 2008 and 2013, and the LED tunnel light market will reach 2.057 billion by 2013.