LED lamps travel long way to explore the future market competition

China's 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 lighting industry. The future development of the lighting industry is affected by multiple factors at home and abroad. This article synthesizes these factors for the Chinese lighting industry. A brief forecast of development trends.

After more than 20 years of development, China's lighting industry has grown rapidly. To date, China's lighting industry has basically formed a state-owned, collective, joint-stock, individual-private, joint-venture, and wholly-owned enterprise coexistence, and joint-stock and private companies Accounted for a larger proportion. The number of enterprises has also grown from the initial dozens of homes to the current tens of thousands, and China has become a major producer of lighting fixtures in the world. Lighting manufacturers are more concentrated in Guangdong, Zhejiang, Jiangsu, Shanghai and Other provinces and cities, the production of lamps and lanterns in four provinces and cities accounted for about 90% of the country's total output.

The main factors affecting the future market development

Market demand

The impact of the development of the real estate industry on the demand for domestic lighting fixtures. In recent years, the rapid development of the real estate industry has led to the prosperous lighting of the same industrial chain. Although the growth momentum of the local real estate industry has generally slowed or even declined since 2008, it has caused some impact on the lighting and lighting industry. However, the pace of urbanization and upgrading of residential consumption in China will not stop. The demand space for the lighting industry will also be 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, the city square, traffic roads, new communities, home decoration, shopping malls and Office buildings require the decoration of lamps and lanterns, and the demand for lighting and lighting products in urban construction will continue to increase. On the other hand, lamps and lanterns are indispensable in the decoration of every family, such as chandeliers, wall lamps, and ceiling lamps. Floor lamps and table lamps, and some special-purpose lighting, such as closet lamps, hood lamps, mirror headlights, night lights, etc., are in great demand. With the continuous upgrading of the consumption structure, people began to pay attention to the decoration of home lighting. The demand for residence by Chinese residents will continue to flourish in the coming period, and the domestic market demand for the lighting industry should not experience large fluctuations in the coming years. In particular, the indoor lighting industry will maintain its momentum of sustained growth. The more high-end home furnishings need to be designed with beautiful lighting, in order to demonstrate the proper design effects. The development of the real estate industry will be an important factor affecting the home improvement lighting market. . In addition, the city’s cultural construction has become increasingly important. It has become a common practice for the New Year’s and Spring Festival festivals to set up a lighting atmosphere in major streets.

Developed countries’ industries continue to shift their influence on foreign lamp demand. The task of industrialization in developed countries has been completed, the process of urbanization has slowed down, and the consumption of residents has also entered the service sector. The demand for lighting products is basically stable. However, the pace of industrial restructuring in developed countries has not stopped, and some labor-intensive industries have continued to be transferred to developing countries in large numbers. (In recent years, foreign large-scale lighting companies have gradually entered China. For example, Philips, the largest lamp manufacturer in Europe, has been established in Shanghai. In a joint venture of lamps and lanterns, American lighting manufacturer Thorn Corporation has established wholly-owned enterprises in Guangzhou and Tianjin, and Cooper, the second largest lamp manufacturer in the United States, has established joint ventures in Shunde, Dongguan, and Dongguan to produce indoor and outdoor lighting fixtures. , Matsumoto Electric and Matsushita Electric National and Matsushita Electric established Panasonic Stone Corporation in Beijing), which has reduced the supply of domestic related industries in developed countries to different degrees, leaving a certain market space for Chinese lighting products to go abroad. The residents of developed countries put forward new requirements for lamps and lanterns. The pursuit of “functional subdivision, high-tech, multi-functionality, design fashion, energy saving and environmental protection” will also create 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 technological advantages to export some products to some developing countries.

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