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LED Industry Will Enter Golden Period
An influx of new industry merger integration is different from previous years, capacity expansion, the current round of mergers and acquisitions is relatively rational, are the dominant force in the industry leading enterprises, and the difference was obvious competitive situation, the industry will enter a "post-era of competition." Meanwhile, in the policy vigorously support upstream technological breakthroughs, the price decline, the market demand driven by multiple factors, LED industry entered a golden period of development is coming. In 2014, along with the rapid increase demand for LED lighting, LED industry has also ushered in an unprecedented development of the peak due to the outbreak of the LED lighting market growth and market boom brought about changes in the pattern of market expectations, on all aspects of the middle and lower reaches of the enterprises to seize more market share, more competitive. CSA Research statistics show that from January to June 2014, the Chinese mainland LED lighting company completed 11 M & A transactions, the total amount of the transaction is approximately 3.5 billion yuan, the average size of funds from the cases of about 300 million yuan. 2014 as a ban incandescent second important point in time, it will bring a new wave of LED lighting market growth peak. With the mainstream is a total ban incandescent, LED lighting products will accelerate the penetration, occupied the main lighting market. McKinsey consulting company has done penetration comparative analysis technology products that When new technology products to reach 10% penetration, penetration will enter its period of rapid growth, according to CSA Research "China LED general lighting industry market research report," the show, in 2013 China's LED lighting products penetration of about 8.9%. Taking these two points, an increase of two analyzes from the 2014 start of 3-5 years, LED lighting industry will usher in the explosive growth into the "golden years" from the market situation and inertia. With the open home lighting market, the depth of excavation downstream applications market will drive the healthy development of the whole industry chain.
    
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