As more and more companies began to get involved in the field of LED lighting and invested heavily in development, a booming LED lighting boom swept the Chinese lighting industry in a few years, and wherever the tide went, it was a hit. Traditional lighting industry companies are also under pressure from the outside world to intervene in the LED lighting market and begin to explore the transformation of enterprises.
As we all know, the energy efficiency of traditional light sources is low, and the space for technological improvement is not large. Moreover, the number of traditional lighting enterprises in China is large and the competition is fierce. In order to win the market, the 'price war' is very serious. In addition to winning the market through the brand, the existing traditional lighting companies have little added value. Although China is a major producer and exporter of lighting products, many traditional lighting companies are doing OEM work. The profit margin is generally only a few points, and the local brand advantage is not very obvious.
With the development of "hard indicators" centered on various technologies and performances of LED lighting fixtures, the requirements in some lighting fields have been gradually satisfied. Its “soft†application, which is centered on energy conservation and environmental protection, is also receiving more and more attention. The wide application of LED lighting is also in line with the government's requirements for promoting energy conservation and emission reduction actions. At present, all governments are actively eliminating low-efficiency lighting products. The EU has completely banned the import or production of traditional incandescent lamps. China has also begun to promote energy-saving products on a large scale and eliminate low-efficiency products. Based on various factors, the company also realized that the development of focusing on traditional lighting can no longer meet the development requirements of enterprises under the new situation, so it began to transform into LED.
In early 2010, relevant industry organizations in the industry conducted a survey and forecast activity on the time schedule of replacing traditional lighting with LED lighting. The survey results show that the industry is more optimistic about the progress of LED instead of traditional lighting. Most of them believe that within three years, LED lighting can replace traditional lighting by up to 20%, and up to 50% within 3-5 years, or up to 80% after 10 years. According to JP Morgan's latest forecast, semiconductor lighting sources will occupy 50% of the global market share in 2014, and semiconductor lighting fixtures will have a 50% market share in 2016. Targeting the fast-growing domestic LED indoor lighting market. The survey also showed that most people in the industry believe that the occupancy rate of LED indoor lighting products in 2020 may reach 50%. To this end, some experts predict that the LED lighting market will gradually mature in the next 10 years, and it is also the most crucial 10 years for the transformation of traditional lighting to LED lighting.
It can be seen that there are not many time left for the traditional lighting enterprises to transform and upgrade. Many traditional lighting companies have realized the necessity of developing LED lighting projects on the basis of sticking to the original city, and started to invest in LED development and application. To explore the transformation of enterprises, but most traditional lighting companies are still in the early stage of LED investment. However, from the end of March 2010, the “2010 China (Shanghai) International Hotel and Architectural Lighting Exhibitionâ€, the Frankfurt Lighting Exhibition in Germany in April, and the Guangzhou International Lighting Exhibition held in June, we can see at the exhibitions. LED lighting products have gradually become the protagonist of the show. Whether it is traditional lighting companies or LED lighting companies, LED lighting products are placed in the prominent position of the booth, and the types and functions are more and more.
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