LED industry will remain brilliant in the next decade

Some media recently published an article entitled practitioners to interpret the top ten industries that are about to go bankrupt, and listed the LED industry as one of the top ten industries that are about to go bankrupt. This argument is based on the current weak demand for the domestic LED market, overcapacity, and many small enterprises have closed down. It is precisely this LED that is expected to go bankrupt that is one of the industries that the Chancheng District government has strongly supported and promoted this year. Despite the continuous expansion of government procurement, the majority of SMEs still feel that the road ahead is awkward. Will the LED become a sunset? Can the price of LED drop to the same level as that of ordinary lighting? Where is the LED road in Chancheng? A few days ago, Wu Yulin, president of Foshan Lighting Association, answered the doubts of Chancheng LED industry. Wu Yulin is also an industry insider, foshan kaixiou Lighting Co. , Ltd. , which is in charge of it, is actively engaged in LED health lighting research. LED will be brilliant at least in the next decade, Wu Yulin judged. Dialogue figure, Wu Yulin, president of Foshan Lighting Association and chairman of Foshan kaixiou Lighting Co. , Ltd. , is called a Chinese sentiment lighting person. LED will never be the next photovoltaic. Nanfang Daily: LED is listed as one of the industries that are about to go bankrupt. Do you agree? Wu Yulin: there is a saying that the chip 90 relies on exports and has overcapacity. LED seems to be a replica of the photovoltaic industry. Some experts even predict that LED is the next photovoltaic! The person who made such a conclusion to the LED industry is actually a layman. Is the LED industry in recession? LED is now growing at a rate of more than 30 per year, and this year's rate will exceed 40. How many industries can do this? This year's Hong Kong autumn lighting show, more than 95 are LED products. Recession may be a phenomenon of some enterprises. LED has not been truly brilliant and is now in a stage of rapid development, especially in China. Let me tell you something. In September and this year, a lighting company in Foshan cut the energy-saving lamp department as a whole, because energy-saving lamps could not be sold, there was no sales volume, and LED could not be sold. I went to some places to see that there are more traditional lighting companies in the lighting industry. A research report of the Association shows that in a professional market specializing in the production of energy-saving lamps, enterprises producing energy-saving lamps close down every day because LED has completely replaced energy-saving lamps, no matter which technical index the LED comes from, it will exceed the energy-saving lamp, and the time for the energy-saving lamp to enter the museum will not be too far. Therefore, LED cannot be a declining industry. Just like a young man full of vigor, he will inevitably make detours due to his gropingly growth, but the front is full of hope, the future is bright. The so-called bankruptcy, like other industries, has to go through a process of survival of the fittest and survival of the fittest. Without reasonable circulation, there will be no new vitality, breakthroughs and innovations, but the rapid development of LED industry will be affected. The price of LED can be equivalent to that of ordinary lighting without two years. Nanfang Daily: many small enterprises are trapped by the cost of LED. Can the price of LED be reduced by technical means? Wu Yulin: it doesn't take 2 years, the price of LED can be similar to that of ordinary lighting. In fact, some LED products are already cheaper than ordinary lighting. Electronic products have such a trend. For example, mobile phones cost 10 thousands or 20 thousands yuan when they first came out, and now there is one for 499 yuan. It is possible to reduce costs and prices through technical means. This also shows that the LED industry will not decline, at least in the next decade will be brilliant. Imagine that there are more than 0. 4 billion families in China. Each family uses only 3 LED lights and has a market size of at least 30 billion yuan. This is not an international market yet. In addition, LED itself has too many advantages and is suitable for individual design, so it is only natural to become the new favorite of the government and enterprises. The alternative market will only move forward and will not retreat.