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LED lighting set off a hot future for the market
According to statistics, at present, there are about 20 listed companies mainly engaged in the LED industry chain in China, and about 70 listed companies designing LEDs. At present, 100-200 LED companies across the country have completed the shareholding system reform and are ready to go public. It is expected that at least 10 of these batches will be listed. The LED lighting market will usher in an explosive period. According to the “2014-2011 China LED Lighting Industry Market Prospect and Investment Strategic Planning Analysis Report†released by Prospective Industry Research Institute, the global LED lighting output value will reach 35-40 billion US dollars in 2014, and domestic LED will be in a period of rapid growth in the next five years. The total output value in the next five years will exceed 1 trillion yuan. At present, the penetration rate of domestic LED lighting is only 20-30. The penetration rate of LED lighting may exceed 80 in the next five years, and the output value will maintain a compound annual growth rate of 25 or more. There are two main reasons for the rapid development of the LED lighting industry in the future: one is the strong support of government policies; the other is the advancement of technology in the industry itself. Policy research you may be interested in: 2014-2018 China Low Carbon Chemical Industry Market Research and Investment Forecast Analysis Report 2014-2018 China Eco-industrial Park Circular Economy Development Model and Investment Planning Analysis Report Environmental Project Investment Value Analysis Report 2014 -2018 China Environmental Protection Industrial Park Construction and Operation Market Prospect and Investment Strategic Planning Analysis Report 2014-2018 China Motor Vehicle Pollution Prevention Industry Development Prospect and Investment Forecast Analysis Report 2014-2018 China Sewage Source Heat Pump Industry Market Research and Investment Forecast Analysis Report In the 12th Five-Year Plan, energy conservation and emission reduction, green lighting, the Internet of Things, smart cities, and ten cities are considered development priorities. The release of these policies is promoting the development of the LED lighting market and guiding the LED lighting to become intelligent, laying a solid foundation for the development of LED intelligent lighting. The main policy technologies related to LEDs continue to drive down the cost of LED production due to technological advancement, and more use of medium power chips, coupled with market promotion behavior, LED lighting products prices have accelerated. The LED products of international manufacturers replacing 40W bulbs have fallen below the sweet spot of 10 dollars. The products of domestic manufacturers have also dropped to about 30 yuan, while the LED bulbs of ordinary brands have dropped to 12-20 yuan, basically the same as energy-saving lamps. . Coupled with the durability and energy-saving features, the cost-effectiveness of LED bulbs has greatly outperformed energy-saving lamps. Coupled with the implementation of the national phase-out of incandescent lamps, the LED lighting market is starting. However, there are also many factors restricting the development of LED lighting in the development of the LED industry. Among them, the problem of standardization and product homogenization is the most serious. Standardization Issues There is now an international organization that has introduced road light standards, but has not yet formed a comprehensive industry standard in China. There are many manufacturers of LED street lamps, and the modules of each manufacturer are not unified. Without standardization, a series of problems will arise in production, sales, circulation, and use. Because the products of different manufacturers are different from the light source and the electrical appliances, especially the size of the electrical appliances and the current and voltage classification of the joint drive. If the manufacturer goes bankrupt after a period of time, then if there is a problem with the application luminaire, the corresponding replacement product cannot be found. In the process of promoting LEDs, the issue of standardization is worthy of attention. Product homogenization problems China's LED industry has a large number of enterprises, and the overall progress has been made, but the scale of enterprises is generally small, lacking leading enterprises. As most LED manufacturers hand over product development and main module production to solution providers, LED entry barriers are reduced and market competition is fierce. At present, there are 1950 LED packaging enterprises in China, and the number of new LED application products launched by enterprises is less than 530; there are more than 300 LED street lighting enterprises, and the products are basically in the stage of copying and imitating each other. The homogenization competition has caused price wars to rise, and there is a lack of benchmarking brands. The scale of enterprises is difficult to grow and the industry lacks credibility. At present, there are more than 10,000 LED companies in China. It is expected that the competition in the LED industry will intensify in the future. Enterprises with up to 50 will be eliminated, and the concentration of the industry will become higher and higher. At the same time, the market will grow a number of outstanding companies.