The domestic LED industry enters the stock market, four major changes into a trend.

China LED market into the stock market

“Stock market” refers to a relatively saturated market, that is, a low-growth or non-growth market. According to CSA’s statistics, the market size of China’s lighting industry was 364.8 billion yuan, 419.6 billion yuan, 4.7 billion yuan, 520 billion yuan, 564 billion yuan and 578 billion yuan respectively in 2011 and 2016. The market growth rate was 20 %, 15%, 12%, 10%, 8%, 5.5%. From this series of data, the future China lighting industry market will stabilize at about 600 billion yuan, the growth rate narrowed, has entered the “stock market” state.

It can be seen from 2011 to 2014, the domestic market as a whole is in a period of rapid growth, LED lighting companies can easily obtain high profits, but between 2015 and 2016, although the domestic market as a whole is growing, but slow growth This led to the emergence of “business is getting harder and harder” in the industry.

On the other hand, outstanding brands represented by listed companies such as Op, NVC, Foshan Lighting and Sunshine Lighting still maintain annual growth of more than 20% in average annual sales volume. By continuously expanding their own advantages, they have further strengthened their strongholds The situation, the market of many small and medium-sized enterprises and merchants has been eroded and it is difficult to survive.

Four major changes have become the trend

Industry from high-speed growth to high-quality growth. On the one hand, the lighting products from the pursuit of the price advantage to the pursuit of performance, life expectancy, reliability, safety and other quality optimization and upgrading; the same time small workshop-based enterprises continue to be abandoned by the industry, technology, capital, distinctive business was Save, the quality of enterprises participating in market competition is also rising, pay more attention to the development of enterprise brands; market participants improve the quality of the industry began to develop high-end products in the production of health, manufacturing and production to intelligent and green optimization, quality Supervision is also more attention.

Technology focus on improving light efficiency to focus on quality and health. In recent years, the blue light damage caused by LED and the damage of the human eye to the retina have become increasingly apparent. As the industry matures and the concept of consumers increases, product technology will focus on people-oriented development, and pay more attention to light quality, light health, light bio-safety and light environment. Enhance.

From universal lighting to innovative applications everywhere. Emerging areas such as plant lighting, automotive lighting, landscape lighting, cell phone flash, medical lighting, smart street lights … have been continuously developed. In the past, only LED lighting for lighting applications was now applied to a wider and more subdivided area Every aspect of life can be described as flowering.

From universal lighting to innovative applications everywhere. Emerging areas such as plant lighting, automotive lighting, landscape lighting, cell phone flash, medical lighting, smart street lights … have been continuously developed. In the past, only LED lighting for lighting applications was now applied to a wider and more subdivided area Every aspect of life can be described as flowering.