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Interpretation of the situation of China's lighting industry in the first half of 2016
In the first half of 2016, relevant data for the lighting industry have also been released. From the data, we can see that the cumulative output of national LEDs in the first half of 2016 is still growing, while the total output of incandescent lamps in the first half of the year has continued to decline. It can be seen that the penetration rate of LED lighting in China is steadily increasing. At the same time, in the first half of 2016, China's lighting industry accumulated camp. In the first half of 2016, relevant data of the lighting industry has also been released. From the data, we can see that the cumulative output of national LEDs in the first half of 2016 is still growing, while the total output of incandescent lamps in the first half of the year has continued to decline. It can be seen that the penetration rate of LED lighting in China is steadily increasing. At the same time, in the first half of 2016, China's lighting industry accumulated more than 2 trillion yuan in revenue, and its performance is still very eye-catching. In this context, China's ultra-70% LED companies have seen double growth in revenue and profits. From this, we can conclude that in the first half of 2016, China's lighting industry is in a good situation, and the LED lighting that has received much attention is also thriving under the stimulation of energy saving and emission reduction, and the LED replacement tide. It is in full swing. 1. In the first half of 2016, the cumulative output of national LEDs increased by 19.21% year-on-year. From January to June 2016, the national LED output industry achieved a total output of 296.292 billion, an increase of 19.21%. Among them: the output in June was 60.197 billion, an increase of 26.12%. Through data comparison, we found that the total LED output in China increased gradually in the first half of 2016. First, under the stimulation of the large-scale expansion of China's LED companies, China's LED production capacity is exploding and mad; second, frequent overseas mergers and acquisitions have caused the global pattern of the industry to shift. 2. In the first half of 2016, the cumulative production of incandescent bulbs in the country decreased by 2.50% year-on-year. From January to June 2016, the cumulative output of the national incandescent bulb industry reached 2.012 billion, an increase of -2.50%. Among them: the output in June was 331 million, an increase of -6.26%. The data shows that the overall output of incandescent bulbs showed a downward trend in the first half of 2016. With the global awareness of energy saving and emission reduction, and the implementation of China's ban on white ban, the overall trend of replacing LED lamps with incandescent lamps will gradually accelerate. From the above two sets of data, the total output of LED and incandescent lamps showed an increase and decrease, which also means that the penetration rate of LEDs is gradually increasing. This is a big plus for Chinese LED companies. At the same time, due to the fierce competition in the lighting industry in China at this stage, the traditional LED lighting field is in dire straits. Therefore, some LED companies that can't resist the price war for a long time can switch to smart lighting, automotive lighting, plant lighting, industrial lighting, medical lighting, visible light communication, LED apparel and other sub-sectors. 3. In the first half of 2016, the national lighting industry accumulated revenue of 213.273 billion. From January to June 2016, the national lighting industry accumulated a total of 213.273 billion yuan of main business income, an increase of 5.78%. Among them: the main business income in June was 42.358 billion yuan, a year-on-year increase of 3.41%. In the past three years, the cumulative revenue growth of the national lighting industry has been stable. Although the lighting industry experienced a cold winter in the industry in 2015, the overall revenue of the lighting industry did not fall in 2015. In the first half of 2016, the growth momentum remained strong. Because lighting is just needed in people's daily life, and the awareness of energy conservation among the people has improved significantly, the potential of LED is still very huge. 4, the industry situation is clear, over 70% of LED companies in the first half of the performance growth In the second half of 2016 has been more than a month, most LED companies have also announced the first half of the annual report. From the company's semi-annual report, revenues and net profits of companies such as Lehman, Alto Electronics, Weiwei, and Huacan Optoelectronics all increased sharply. According to preliminary statistics, over 70% of the LED industry chain has a net profit growth of revenue. The enterprise is part of the entire industrial chain, and the performance of the enterprise is affected by the entire industrial environment and its own business strategy. With the gradual recovery of the market and the adjustment of the company's own strategy, the growth of performance and profits is also reasonable. From the above four groups of data, we can conclude that in the first half of 2016, China's lighting market has not been realized as the previous forecast of the cold winter. On the contrary, the lighting market, especially the LED lighting market, is more active and active. From the market point of view, lighting products are indispensable as a necessity for life. However, as emerging lighting technologies such as OLEDs are still plagued by technology and cost, incandescent lamps, energy-saving lamps and LED lamps are still the three mainstreams in the current lighting market. However, it must be said that with the implementation of the ban, the incandescent lamps will gradually be eliminated by the market. At the same time, because LEDs have incomparable advantages over energy-saving lamps, the market share of LEDs will gradually increase and become the mainstream of the lighting market.