Increased demand for global LED tubes in 2014


Benefiting from the rapid growth of LED lighting and the quotation of sapphire by consumer electronics, demand for sapphire is expected to increase significantly in 2014. The capacity of Taiwanese factories is full of price increases. The retail price of LED bulbs has fallen in November, and the price cuts in China are the most obvious. The downward price is expected to further stimulate market demand. In 2014, the global demand for LED bulbs and lamps increased by more than 80%, and high growth was confirmed.
2013-2016 is the global LED lighting gold development period, the penetration rate will increase from 20 to 45, is a rare industry with relatively fast growth and certain certainty.
In 2012, the sales volume of LED lamps was about 400 million, and it is expected to reach 770 million in 2013, 2.2 billion in 2015, and 3 billion in 2016. Among them, the compound growth rate in 2012-2016 is as high as 67. The mainland is a global lighting production factory. In 2013, 60 LED lamps were produced by the mainland. With the global LED lighting, the mainland LED lighting industry chain manufacturers will benefit.

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