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LED lighting industry shuffle begins
China's LED lighting market is the period of growth, and the prelude to shuffling has just begun. At the 2014 Guangzhou International Lighting Exhibition held recently, industry insiders pointed out that in the next 58 years, 30 to 40 or even 50 enterprises will be eliminated from this market, and the industry concentration will be higher and higher. At the same time, a number of outstanding companies will grow in the market. According to industry insiders, the current penetration rate of LED lighting is only 200. In the next five years, the penetration rate of LED lighting may exceed 80, and the development space is very large. The output value of upstream and downstream LED lighting in the country will rise from 350 billion yuan to 380 billion yuan last year to 450 billion yuan to 450 billion yuan this year, and will exceed 100 billion yuan in the next five years. Obviously, not every company can enjoy the fruits of market maturity, and enterprises with brand, channel, technology and sales network advantages will become stronger and stronger. Of course, there will be companies that have been eliminated. Insiders pointed out that this year and next year is critical, the market is in a rapid growth period, if you do not seize the market, do not form strategic cooperation with customers, there is no opportunity.