subject: Frbiz Reports Low-carbon Economy Concerns Reminder Bright Led Lighting Chain Plate [print this page] Although the green light is not visible in the low-carbon plate in, but considering the large number of lighting needs of the world, analysts said, LED lighting technology as represented by the green light section, will also be as close to Copenhagen and gradually heating up.
LED lighting upgrade opportunities for great
Century Securities research report said, the future general lighting with LED technology matures, opportunities for significant lighting upgrade works industry. According to the German World Population Foundation (DSW) estimates the total post-2012 world population is expected to more than 7 billion people. If the global demand for general lighting use light bulbs 15 per capita terms, the world's total demand on the future of general illumination will reach 105 billion to 21 machines, each year 25 thousand, 05 thousand per unit calculation is equivalent to 840 Taiwan machine capacity, the demand for such a large scale is expected to appear later in 2010.Century Securities believes that the current view of the global LED industry, the existing applications in basic balance of supply and demand. The future as technology advances, one will lower prices, and second, technological advances led to LED lighting in common areas, including extensive use, will result in a substantial increase in demand. The next will be a balance between supply and demand from the supply and demand changes to the short supply.
China has successively launched the green lighting project, semiconductor lighting project in ten key energy conservation projects, high-tech industrialization demonstration projects, technological upgrading and restructuring the special, new materials in the field 863 also has supported research and development and semiconductor lighting technology industrialization projects, formed a complete industrial chain. Output value of China's semiconductor lighting in 2008 nearly 700 million, of which 1.9 billion chip output, the output value 18.5 billion package, applications, value of 45 billion yuan.Meanwhile, China's LED industry's industrial-scale level has been enhanced. In 2008, LED display applications in the industry's scale and performance of a significant number of enterprises to upgrade, industry sales of 25 million yuan, the company, of which 7 companies sales of more than 200 million yuan. Overall, LED application industry in the industry reached a scale level, focusing on more mature technology product development, product quality and reliability has significantly improved in general.
Policies to promote green light illumination
With the "low-carbon economy" all efforts to green light has been the attention of Governments. To achieve a low carbon economy in the lighting field, governments have proposed and implemented green lighting project, have developed policy support for LED lighting industry.The United States from 2006 to 2011, arranged 50 million U.S. dollars annually for the semiconductor lighting plan (NGLI) technology research and development. 2010, the United States will have 55% of incandescent and fluorescent lights were replaced by semiconductor, saving 35 billion U.S. dollars annually. Japan started in 2003, the second semiconductor lighting program. 2010 white LED luminous efficiency of 120lm / w, 2020, 50% want to replace all incandescent and fluorescent lamps. European project in 2020 using the light-emitting efficiency of LED 200lm / w, 20% reduction in energy consumption.
By the end of 2008, Ministry of Science, the Ministry of Finance launched the "10 City 10 000" demonstration is planned next year in 10-20 cities to promote more than 300,000 municipal LED lighting. In October of this year, the NDRC issued by six ministries and other "energy-saving semiconductor lighting industry views." According to "the views of the semiconductor lighting energy industry", 2015, the semiconductor lighting industrial output value of saving 30% average annual growth rate; functional lighting up 20%; significantly enhance the ability of independent innovation, the upstream chip-scale production enterprises 3 -5 family; industry concentration significantly increased, with their own brand, the backbone of a larger market impact of 10 leading enterprises around; achieve annual energy saving 40 billion kwh, equivalent to 40 million tons of carbon dioxide emissions.
Concerned about the LED industry chain upstream firm
According to the tendency of national policy, developing goals and LED industry, the distribution of profits, securities that century, LED lighting industry leading technology investment in the main line in those with scale advantages, LED industry chain in the upstream business. Because the enterprise is located upstream LED, enjoy 70% of industry profits, can maximize the sharing of high-growth industry. LED upstream business-related domestic listed companies have three safety photoelectric, Union Optical, Silan, shares the same side, side Big A and Tin Fu Thermoelectric so.
However, for LED lighting industry, "overweight" rating, while Xiangcai remind investors concerned about the investment risks. Xiangcai securities that our government has the strong support of the LED industry, in particular such as "10 City 10 000" This demonstration project implementation, for the rapid development of China's LED industry provided a valuable opportunity, LED technology and large market the development of future low-carbon economy for the industry to further the development of open space. However, government investment alone would form a perfect market is very difficult. Currently, China's LED industry is displaying "the next worthwhile to" unbalanced situation, that is, a large number of domestic LED manufacturers in the distribution of nearly 1000 companies in the packaging area of relatively low value added, while lagging behind in the upper reaches of LED chips and abroad Many LED manufacturers in Taiwan, China's LED industry itself is still need to keep in technology, price, performance breakthroughs can really enter the homes of ordinary people, sharing a low-carbon economic feast.
Xiangcai Securities recommended investors concerned about the leading, enterprise technical strength of hot pursuit. Proposed investment value of Investors in the process of discovery concerns the direction of LED technology industries, concerns have the technical capability to "smile curve" at both ends of the development of enterprises. Recommendations focus on three safety optoelectronics, Silan, BDO Runda, shares the same side.
Xiangcai Securities believes that although the strength of domestic enterprises and the world LED 5 LED Manufacturers still large gaps, but the rapid launch of outdoor lighting market, domestic businesses can rely on home advantage and cost advantage to seize this rare opportunity for development. In the process, with the leading enterprise-scale LED production would benefit the most, the same investors to focus on.
