China’s LED lighting industry has shown rapid growth in recent years, but the current competitive landscape is not conducive to the long-term development of China’s LED lighting industry. The future development of the LED lighting industry is affected by multiple factors at home and abroad. This article synthesizes the impact of these factors on China’s lighting industry. Make a brief prediction on the development trend of the lighting industry.
After more than 20 years of development, China’s lighting industry has grown rapidly. So far, China’s lighting industry has basically formed a situation where state-owned, collective, joint-stock, individual private, joint venture, and wholly-owned enterprises coexist, and joint-stock and private enterprises coexist. It accounts for a larger proportion. The number of enterprises has also grown from a few dozen at the beginning to nearly 10,000 now, and China has become the world’s largest producer of lighting fixtures. Lamp manufacturers are mostly concentrated in Guangdong, Zhejiang, Jiangsu, Shanghai and other provinces and cities. The lamp output of these four provinces and cities accounts for more than 90% of the country’s total output. The impact of the development of the real estate industry on domestic lighting demand. In recent years, the rapid development of the real estate industry has led to the prosperity of decorative lighting in the same industry chain. Although the growth momentum of the real estate industry in various places has generally slowed down or even declined since 2008, which has had a certain impact on the lighting industry, China’s urbanization and upgrading of residents’ consumption structure will not stop, and the demand space for the lighting industry will continue to grow. Continue to expand.
On the one hand, lighting has become a beautiful urban landscape. Good lighting can greatly enhance the taste of a city. With the acceleration of China’s urbanization process, city squares, traffic roads, newly built communities, home decorations, shopping malls and Office buildings all need lighting fixtures for decoration, and the demand for lighting products in urban construction will continue to increase. On the other hand, lamps are essential in the decoration process of every home, such as LED fluorescent lamps, LED downlights, LED bulbs, LED ceiling lamps, LED panel lamps and LED cabinet lamps, and some special-purpose lamps. Lighting accessories, such as wall cabinet lights, range hood lights, mirror headlights, night lights, etc. are in great demand. With the continuous upgrading of the consumption structure, people have begun to pay attention to the decoration of home lighting. Chinese residents’ demand for housing will remain strong in the future. The domestic market demand for the lighting industry should not see major fluctuations in the next few years. In particular, the indoor lighting industry will maintain a sustained growth momentum. The more high-end home decoration, the more beautiful lighting fixtures need to be set off to show the proper design effect. The development of the real estate industry will be an important factor affecting the home decoration lighting market. . In addition, urban cultural construction is receiving increasing attention, and it has become a common practice to place lights on main streets to enhance the atmosphere during major festivals such as New Year and Spring Festival.Give up high power
The continued transfer of industries in developed countries will have an impact on the demand for foreign lighting fixtures. The industrialization tasks of developed countries have been completed, the urbanization process has slowed down significantly, and residents’ consumption has also entered the service field, and the demand for lighting products is basically stable. However, the pace of industrial structural adjustment in developed countries has not stopped, and some labor-intensive industries continue to be transferred to developing countries in large quantities (in recent years, large foreign lighting companies have successively entered China. For example, Philips, the largest lighting manufacturer in Europe, has established a With the establishment of lighting joint ventures, American lighting manufacturer Thorn Company has established wholly-owned enterprises in Guangzhou and Tianjin. Cooper Company, the second largest lighting manufacturer in the United States, has established joint ventures in Shunde, Dongguan and Suzhou, Guangdong to produce indoor and outdoor lighting lamps. Japan’s OdELic Company , Matsumoto Electric and Panasonic Electric National and Stone established Panasonic Stone Company in Beijing), which caused the supply of related domestic industries in developed countries to decline to varying degrees, freeing up a certain market space for Chinese lighting products to go abroad.
Residents in developed countries have put forward new requirements for lamps. The pursuit of “functional segmentation, high technology, multi-functionality, fashionable design, energy saving and environmental protection” will also form new demands for high-end lighting. This is exactly what Chinese lighting companies are facing. potential market space. At the same time, Chinese lighting companies can also use their technological advantages to export some products to some developing countries