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According to the China Securities Journal, a short-season shipment blowout has triggered an overall change in the recent LED sector, and the high growth expectations given by major research institutes have made the industry confident in the 2014 LED lighting market.
The industry believes that the external factor of this round of LED market is that the recent customs data reflects that the LED off-season in the fourth quarter of 2013 is not weak, Taiwan manufacturers' shipment data exceeds expectations, and the US market has completely banned production and import since January 1, 2014. Incandescent lamps, while prices have been close to incandescent lamps, the price hikes have slowed down, and large-scale shipments by industry players are endogenous. For the LED industry in 2014, a number of listed companies expressed their optimism to the China Securities Journal.
It is estimated that China's LED lighting products will increase by 86% in 2014.
The LED epitaxial index and LED packaging index released by LEDinside show that since November 2013, both indexes have rebounded. Among them, the epitaxial index has been attacked from the previous 1850 points to 2569.8 points. Up to 3,420 points, the attack was up to 4324.1 points, which is close to the high level of the previous round of large-scale distribution of LED manufacturers in the first quarter of 2013, indicating that the production capacity of the entire LED industry is extremely active.
Research institutions expect that the penetration rate of LED lighting products in the global market is rapidly increasing. In 2014, the output value of LED lighting products will reach 17.8 billion US dollars, and the total number of LED lighting products shipped will reach 1.32 billion, an increase of 68.
LEDinside believes that in the Chinese market, not only emerging LED manufacturers are actively deploying the LED light source market, but traditional lighting manufacturers with brand and pipeline advantages are also actively adopting a two-pronged approach to expanding the LED lighting business in the form of online and physical stores. The government is also working hard to subsidize. The policy plays an active role in promoting the development of the LED industry, while at the same time dissolving the overcapacity caused by excessive subsidies of upstream equipment and corporate closures. It is expected that China's LED lighting products will increase by 86.
LED product exports increased by 80 in the fourth quarter
According to the analysis of some customs data, it is estimated that the export growth rate of LED lighting products in the fourth quarter of 2013 will be above 80%. Some analysts pointed out that general lighting is a truly billion-dollar market. It is expected that the scale of the global commercial and residential lighting market will exceed 100 billion for the first time in 2014. It is expected to reach 160 billion yuan in 2015 and the growth rate in the next two years. At around 60.
Some analysts said that the demand for LED products has risen rapidly, mainly because the price has reached a sweet spot, the American market is banned, and the subsidies in the three major markets of Europe, America and Japan. At present, this logic is being further verified from the export data and data from Taiwanese manufacturers. General lighting is one of the largest markets for LED applications. The market for backlights and dedicated lighting is tens of billions, and general lighting is a truly billion-dollar market. The global commercial and residential lighting market is expected in 2014. It will break through 100 billion for the first time. It is expected to reach 160 billion yuan in 2015, and the growth rate in the next two years will be around 60.
Intensive research on LED listed companies According to the Securities Times, in 2014, investors from various funds and private placements are preparing for the new year. In the context of the recovery of the LED industry, Southern Fund, GF Fund, Golden Eagle Fund, etc. Fund companies have been intensively investigating listed companies in the LED industry.
Recent research reports of listed companies show that from November last year to January 3, 2014, listed companies in the LED industry such as Foshan Lighting, Hongli Optoelectronics, and Qinshang Optoelectronics were frequently investigated by institutional investors such as funds. Among them, on January 3 this year, Southern Fund, Noon Fund (blog, Weibo), GF Fund, Tianhong Fund 4 fund companies to investigate Foshan Lighting; last December 27, Golden Eagle Fund, Southern Fund and other research Qinshang Optoelectronics; On December 26 last year, Huatai Bairui, Golden Eagle Fund, Cinda Aussie and others investigated Hongli Optoelectronics; on November 7, last year, Harvest Fund (blog, Weibo), Bosera Fund, etc. photoelectric.
Concept stock:
Among the A shares, LED concept stocks can be concerned: Hongli Optoelectronics, Huacan Optoelectronics, Moso Power, Silan Micro, Chau Ming Technology, Guoxing Optoelectronics, etc.