The decline in the export volume of LED lighting fixtures

Data show that in January 2016, the export volume of electric light sources in China's lighting industry was 1.444 billion, an increase of 5.84% year-on-year. The export value for the month was US$408 million, down 26.14% year-on-year.

In January 2016, China's lighting industry lighting fixtures exported 284 million sets in the month, an increase of 2.95% year-on-year. The export value of the month was 2.917 billion US dollars, down 26.14% year-on-year.

The data shows that the lighting industry is facing an embarrassing situation of “quantity increase and price drop”. Among them, the price of LED lighting continues to fall, and now it is close to the traditional light source, and the price bottoms out. With the price of general-purpose lighting appearing "shopping", or more lighting companies will be withdrawn from the market. More LED companies are turning their attention to focusing on market segments. The integration of mergers and acquisitions and cross-border cooperation in the future lighting industry will be more intensive.

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