LED lighting industry shuffle begins

China's LED lighting market is in an explosive period of growth, and the prelude to reshuffle 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 enterprises will grow in the market. Industry insiders said that the current penetration rate of LED lighting is only 200. In the next five years, the penetration rate of LED lighting may exceed 80, with very large development space. National LED lighting upstream and downstream of output value will from last year of 350 billion to 380 billion yuan to this year of 420 billion to 450 billion yuan future 5 years will be more than 1000 billion yuan. Obviously, not every enterprise can enjoy the fruits of market maturity. Enterprises with advantages in brand, channel, technology and sales network will become stronger and stronger. Of course, there will be enterprises that have been eliminated. Insiders pointed out that this year and next is very important, the market is in a period of rapid growth, if you do not seize the market, do not form strategic cooperation with customers, there is no chance.