CMIC: Analysis of China's LED Lighting Market Demand in 2011

CMIC (China Market Intelligence Center) recently released: The “12th Five-Year Plan” clearly describes the LED development goals. It aims to account for more than 30% of China's domestic general lighting market in 2015, and the output value is expected to reach 500 billion yuan. Actively promote China's semiconductor lighting industry to enter the world's top three. At present, the “Ten Cities and Ten Thousand Cities” plan planned by the Chinese Ministry of Science and Technology will enter the second phase in 2012. Beijing, Linfen City, Shanxi Province, Changzhou City, Jiangsu Province, Huzhou City, Zhejiang Province, Hefei City, Anhui Province, and Wuhu City, Anhui Province City, Zhangzhou City, Fujian Province, Pingtan Comprehensive Experimental Area, Fujian Province, Qingdao City, Shandong Province, Chenzhou City, Hunan Province, Xiangtan City, Hunan Province, Guangzhou City, Guangdong Province, Foshan City, Guangdong Province, Zhongshan City, Guangdong Province, Haikou City, Hainan Province, Sixteen cities such as Baoji City in Shaanxi Province were included in the second batch of pilot cities for the “Ten Cities, Wanhao” semiconductor lighting application project by the Ministry of Science and Technology, and LED energy-saving street lamps will be further promoted.

On the Other hand, the self-proclaimed agricultural country of China is actively participating in this field of LED agricultural lighting, and together with the international LED manufacturers to establish a strategic alliance of LED plant factories R & D. The recent survey of dozens of LED application companies in China, almost all companies are optimistic about the LED agricultural lighting market, and that China's LED agricultural lighting market will see the benefits within two years.

CMIC analysts believe that there are three main reasons for the LED agricultural lighting market in mainland China within two years. First, from the point of view of the LED's own characteristics, LED has a cold light source with low heat characteristics, small size, close organization, can be close Irradiation of plants improves the space utilization of plant cultivation; it can also emit monochromatic light with narrower light waves, and can also be combined in any combination as required; these provide a good basis for the application of LEDs to agricultural lighting.

Second, the trend of energy conservation and environmental protection in the world has been driven. With the increasing energy crisis, energy saving and power saving have become a global consensus. Data show that LED's power consumption is only one-eighth that of incandescent light bulbs, and it is one-half that of fluorescent light bulbs; and it does not contain metallic mercury. Things can be recycled, and not easily broken, becoming the world's first choice of new green lighting products.

Third, in terms of China’s own national conditions, the Chinese government has always attached importance to the development of agriculture and rural areas. In recent years, its support has also been increasing. Almost all businesses, including LED companies, have also agreed that agriculture and rural markets are the same. It is the market with the greatest potential in China.

At present, China has a large number of LED application companies. Each new LED application market will bring new opportunities for China's huge LED application companies. This is especially true for China's LED agricultural lighting applications.

China Market Intelligence Center (CMIC) is China's most authoritative research and consulting service platform. There are more than 100 domestic and foreign partners in mainstream research institutions, including national authoritative statistical agencies, associations, professional research companies, data centers, and credit investigation companies. More than 100,000 professional research reports cover all sectors of the national economy. Committed to providing customers with professional and comprehensive research reports, authoritative special consulting services, accurate market data, and value-added services related to research products. Customers include more than 100 global Fortune 500 companies and mainstream companies in related industries at home and abroad.

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