Supported by policy subsidies for many years, LED lights have quickly replaced traditional incandescent light sources with their advantages in energy conservation and environmental protection and affordable prices, lighting up thousands of households. The industry's "13th Five-Year Plan" plan has also given high "expectations" to this product that benefits the country and the people, and it will reach a trillion yuan output value by 2020.
Subsidies have promoted the rapid development of the industry, and they have also become one of the pain points of sustained and healthy development. If the policy "falls back", how will the industry develop? Is the price still affordable?
From the benefit of the country and the people“two accounts”, look at the “bright future of LED lights”
Semiconductor lighting, including light-emitting diode LED and organic light-emitting diode OLED, has the characteristics of low power consumption, long life, and rich colors. It is known as "a worldwide technological revolution in the field of lighting".
In just a few years, LED lights have become the "protagonist" of my country's lighting market. This is the powerful promotion of technological innovation and the general trend of energy conservation and environmental protection.
The American Electric Power Research Association calculated an account: an LED lamp with the brightness equivalent to a 60 watt incandescent lamp is turned on for 10 hours a day, and the annual power consumption is about RMB 30, while the annual power consumption of a 60 watt incandescent lamp is 160 yuan.
According to data provided by the National Energy Conservation Center, electricity consumption for lighting accounts for about 14% of the country's electricity consumption, which is also the main reason why the government vigorously promotes the use of LED lights.
Through the implementation of the "Energy-saving Products Benefiting People Project", the country has successively promoted 780 million LED high-efficiency lighting products in recent years. The people not only enjoy tangible benefits, but also make a great contribution to energy conservation and environmental protection. .
Development “bottleneck” revealed that subsidies have caused enterprises to suffer from “dependence disorder”
Policy support, energy conservation and environmental protection are deeply rooted in the hearts of the people, which has enabled the semiconductor lighting industry to rise rapidly in my country. Today, my country has become the world's largest producer, consumer and exporter of semiconductor lighting products. In the past five years, the output value of my country's semiconductor lighting has grown at an average annual rate of about 30%.
But it is inevitable that the fast-developing semiconductor lighting industry has gradually revealed a "bottleneck", and high subsidies have caused companies to suffer from "dependence".
The reporter inquired about the annual reports of some listed semiconductor lighting companies and public information estimates and found that some domestic industry leaders received subsidies of hundreds of millions of yuan, generally in the name of "technical research and development special funds" & ldquo; equipment subsidies" & ldquo ;Quarterly industry subsidies" etc. Some companies have received subsidies of up to 2.5 billion yuan in the past five years, and in some years, subsidies accounted for more than half of their net profits.
The local government encourages the semiconductor lighting industry to also adopt more subsidies. The "Twelfth Five-Year Plan" for the development of strategic emerging industries issued by Guangdong Province puts forward a financial investment of 22 billion yuan to support the development of strategic emerging industries, including semiconductors. Nanchang City has recently promulgated a policy to promote the development of the LED industry, granting financial assistance in accordance with 30% of the invoice amount of equipment purchased by public service platforms for research and development and testing of each industry.
Some experts said that the government subsidies were originally intended to promote LED lights and help powerful companies. However, some companies suffer from "policy dependence" and subsidies have become their main source of profit.
Some companies blindly expanded their production capacity after subsidies. The result was overcapacity and frequent price wars. Companies were unwilling to develop …… the LED industry in 2015 ushered in a “cold winter”, and nearly 4,000 small and medium-sized enterprises closed down.
Seeking key technological breakthroughs, the huge market potential remains to be developed
According to the "Semiconductor Lighting Industry“13th Five-Year” Development Plan" issued by the National Development and Reform Commission and other departments, the industry will reach an output value of 100 billion yuan by 2020. How to realize the output value of one trillion yuan? Industry experts say that it is inseparable from the continuous release of market demand, but subsidies cannot be used to maintain low market prices. Once subsidies "retire", where will the industry go?
Since last year, some places have shown signs of "recession" for LED industry subsidies. If a company wants to fill up the "shortfall" to increase the price of LED lights, will the market buy it? Therefore, the industry must plan early.
At the 14th China International Semiconductor Lighting Forum hosted by the National Semiconductor Lighting Engineering R&D and Industry Alliance a few days ago, experts called on my country’s semiconductor lighting to accelerate the cultivation of industrial innovation and competitiveness. Only in this way can we Grasp the right to speak in the market.
In the opinion of some industry insiders, my country still has a big gap with developed countries in terms of high-end lighting technology, product innovation, and equipment manufacturing market applications. Prior to this, Philips Lighting's "group complaint" Chinese lighting companies exposed the lack of core technologies of domestic companies.
Liang Weidong, head of IDG capital investment business, an international investment agency, believes that the industry is expected to continue to grow in the next five years. Automotive, agricultural, and medical lighting have huge potential.
Experts said that in the next step, my country’s semiconductor lighting should seek breakthroughs in key technologies, and through the expansion of application fields and continuous regulation of the market environment, LEDs have always maintained market advantages, and the goal of trillions of output value is not difficult to achieve. The semiconductor lighting industry “prospect” is still bright.
