Nearly 1,000 new LED lighting manufacturers emerged in mainland China in the first half of 2012

　　In the first half of 2012, the overall scale of China's LED indoor lighting market grew significantly, with a year-on-year increase of nearly 36%. More than half of this market expansion was contributed by newly added LED indoor lighting.

　　From the first half of 2011 to the present, the number of newly added LED indoor lighting companies in China is close to 1,800. Among them, nearly 1,000 new LED indoor lighting companies were added in China in the first half of this year.

　　In the first half of the year, the average decline in LED indoor lighting product prices was about 10%. The main regions where prices dropped were China, the United States, and the European Union, with decreases ranging from 8% to 10%. The prices of LED indoor lighting products sold to Japan were relatively stable, with decreases between 5% and 8%.

　　Currently, the ex-factory price of LED bulbs replacing 40-watt incandescent lamps is already around 35 yuan.

　　Market Growth 36% In the first half of the year, the scale of China's LED indoor lighting market grew rapidly, with a year-on-year increase of nearly 36%. Among them, LED tubes, LED bulbs, LED downlights, and LED spotlights showed significant growth. It is estimated that for the whole year of 2012, the scale of China's LED indoor lighting market will exceed 25 billion yuan, with a year-on-year growth rate of over 40%.

　　The survey shows that in the first half of this year, the revenue growth rate of enterprises that entered the LED indoor lighting field early slowed year-on-year, with an average increase of about 15%. Manufacturers that began to enter the LED indoor lighting market in the second half of last year have become the main driving force of market growth, and the revenue of newly entered enterprises has increased several times over.

　　Since the first half of the year, the number of newly added LED indoor lighting enterprises has exceeded 1,800. Among them, more than 60% of the enterprises newly entering the LED indoor lighting industry have LED displays and LED packaging as their main businesses.

　　Due to the slowdown in the growth of the LED display market, LED display companies are generally facing the challenge of how to achieve a business breakthrough. Entering the LED lighting field, which is experiencing explosive growth, has become the first choice of many LED display companies.

　　In addition to early entrants into the LED indoor lighting market such as Unilumin Technology and Liantronics, LED display screen companies such as Lijing Optoelectronics and Sansheng Gaoke have also accelerated the development of their LED lighting businesses. Shanghai Sansi has also begun to develop LED indoor lighting products and plans to launch them next year. Factory prices decreased by 10% month-on-month. Since the first half of this year, the prices of LED indoor lighting products in China have shown a slight downward trend, with the decline within 10%.