According to statistics, at present, there are about 20 listed companies whose main business is LED industry chain in China, and about 70 listed companies that design LED. At present, there are 100- 200 LED companies have completed the shareholding system reform and are ready to go public. It is expected that at least 10 of this batch will be listed. The future LED lighting market will usher in an outbreak period. Prospective Industry Research Institute released of the 2014- According to the analysis report on market prospect and investment strategy planning of China's LED lighting industry in 2018, the output value of LED lighting in 2014 will reach 350- 40 billion US dollars, the domestic LED will be in a period of rapid growth in the next five years, and the total output value in the next five years will exceed 1 trillion yuan. At present, the penetration rate of LED lighting in China is only 20- 30. The penetration rate of LED lighting may exceed 80 in the next five years, and the output value will maintain a compound annual growth rate of more than 25. There are two main reasons for the rapid development of LED lighting industry in the future: first, the strong support of government policies; The second is the technological progress of the industry itself. In terms of policy, research you may be interested in: 2014- Market research and investment forecast analysis report of China's low carbon chemicals industry in 2018 2014- Analysis Report on circular economy development model and investment planning of China's eco-industrial park in 2018 analysis report on investment value of environmental protection projects 2014- 2018 China Environmental Protection Industrial Park construction and operation market prospect and investment Strategic Planning Analysis Report 2014- Analysis report on development prospect and investment forecast of China's motor vehicle pollution prevention and control industry in 2018 2014- Market research and investment forecast analysis report of China's sewage source heat pump industry in 2018 more research reports in the 12th Five-Year Plan, energy conservation and emission reduction, green lighting, Internet of Things, smart cities, ten cities and ten towns are regarded as development priorities. The release of these policies is promoting the development of LED lighting market and guiding LED lighting to be intelligent, laying a strong foundation for the realization of LED intelligent lighting. In terms of major policies and technologies related to LED, the price of LED lighting products has accelerated to decline due to the continuous reduction of LED production costs driven by technological progress, more use of medium power chips, and market promotion. LED products replaced by 40W bulbs by international manufacturers have dropped below the sweet spot of US $10, and the products of large domestic manufacturers have also dropped to about RMB 30, while LED bulbs of ordinary brands have dropped to 12-20 yuan, basically consistent with energy-saving lamps. Coupled with the durability and energy-saving features, the cost performance of LED bulbs has greatly outperformed energy-saving lamps. Coupled with the implementation of the national policy of eliminating incandescent lamps, the LED lighting market is starting. However, there are also many factors restricting the development of LED lighting in the process of LED industry development. Among them, standardization and product homogenization are serious. On the issue of standardization, there is now an international organization that has introduced street lamp standards, but a perfect industry standard has not yet been formed in China. At present, there are many manufacturers of LED street lamps, and the modules of each manufacturer are not unified. Without standardization, a series of problems will arise in production, sales, circulation, and use. Because the products of different manufacturers are different in terms of light sources or electrical appliances, especially the size of electrical appliances and the current and voltage classification of joint drives. If the manufacturer goes bankrupt after a period of time, then if there is a problem with the application of lamps, the corresponding replacement product cannot be found. In the process of promoting LED, standardization is worthy of attention. Product homogenization problem, China's LED industry has a large number of enterprises, the overall has made great progress, but the scale of enterprises is generally small, lack of leading enterprises. As most LED manufacturers hand over the early research and development of their products and the production of major modules to the solution providers, the entry threshold for LED is lowered and the market competition is fierce. At present, there are 1950 LED packaging enterprises in China, and the number of new LED application products introduced by enterprises is less than 530; There are more than 300 LED street lamp enterprises, and their products are basically in the stage of copying and imitating each other. Homogenization competition has caused price wars, lack of benchmarking brands, difficulty in growing enterprise scale, and lack of credibility in the industry. At present, there are more than 10000 LED enterprises in China. It is expected that the competition in the LED industry will intensify in the future. Up to 50 enterprises will be eliminated and the concentration of the industry will be higher and higher. At the same time, the market will also grow a number of excellent enterprises.