The next five years or LED lighting product demand will increase 3 to 5 times

     According to the policy arrangements, China will phase out incandescent bulbs in five stages: 1 November 2011 to September 30, 2012 for the transition period; October 1, 2012 banned the import and sale of more than 100 watts and incandescent general lighting light; October 1, 2014 banned the import and sale of 60-watt incandescent lamp for general lighting and above; October 1, 2015 to September 30, 2016 to mid-term evaluation period; October 1, 2016 banned the import and selling 15-watt incandescent lamp for general lighting and above, or, as the mid-term evaluation results to adjust.

This will effectively promote the healthy development of China Lighting Industry to obtain a good energy saving effect is expected to add Lighting industry output value of about 80 billion yuan, about 15,000 new jobs, forming the annual saving 48 billion kwh , to reduce carbon dioxide emissions 48 million tons annual capacity.

In addition, the next five years, the state will strongly encourage the production and promotion of wholesale LED lights, Development and Reform Commission is organizing the drafting of the semiconductor lighting industry, "second five", and green lighting and the Ministry of Finance with reference to policy, promotion of policies to encourage LED the measures, expected value of the LED industry will quadruple within five years.

The financial institutions on China's industrial policy is also given a lot of development forecast. Research report analysis, energy-saving lamps with incandescent phase out policy will begin in the low-end market alternative, if the terminal price 40% -50%, LED general lighting demand will increase 3-5 times in the high end, LED lighting penetration less than 3% is expected from the current rapid growth to more than 10%. UBS expects the next five years, China's lighting energy subsidies will reach 80 billion -100 billion in procurement tenders through subsidies to low market prices to stimulate greater demand.

Industry sources believe that the current transitional period in terms of the number of incandescent lamps manufacturer, is an opportunity, strong companies can self-transformation to the transformation of energy-saving lamps and cheap LED bulbs companies, small businesses and large enterprises to seek cooperation, or acceptance of large mergers .