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It is expected that the demand for general lighting LED area will increase by 62 in 2014. In 2014, the LED penetration rate of the general lighting market will increase from 3-5 in 2013 to around 9 (based on the global total lumen demand, the penetration rate can reach about 7 from the demand of bulbs. ). FredricStahl, an analyst with UBS covering Osram and Philips, believes that revenue from LED lighting products in 2013 has accounted for about 30% of total lighting revenue from OSRAM and Philips.
It is estimated that the general lighting application will account for 33% of global LED demand in 2013, and will increase to 42 in 2014 and will further increase to 50 in 2015. In view of the recent rapid decline in LED bulb prices, we are currently infiltrating LEDs in 2014. Rate estimates may also have upside (based on lumens penetration).