LED lighting will achieve explosive growth

The LED industry will see explosive growth in the next three years. Yesterday, at the 2013 meeting of Chongqing LED Lighting Research and Development and Industry Alliance, Wu Changjiang, president of NVC Lighting Holding Co. , Ltd. , said. For the future of the LED industry, many industry participants believe that with the maturity of technology, the price of LED lighting products will become more and more down to earth, and the industry will usher in structural opportunities. For LED lighting enterprises, 2013 is both a year full of opportunities and a non-year. Under the homogeneous competition, many well-known LED lighting enterprises such as Shenzhen Yiguang and Qili Optoelectronics closed down; At the same time, the explosive market growth has made some LED lighting companies earn a lot of money. At present, LED technology is increasingly mature, and the life of LED lighting lamps is generally 20 thousand ~ After about 30 thousand hours, its price is gradually approaching that of traditional lighting products, and the acceptance degree of consumers is getting higher and higher. At present, the LED lighting industry has recovered obviously. Wang Shuxue, deputy general manager of Chongqing Tianyang Jineng Technology Co. , Ltd. , told the business daily that in order to cope with the explosive growth of the market, the company has invested 10 million yuan to purchase new equipment and will expand its production capacity by 200 in the coming year. Another well-known LED lighting manufacturer, Chongqing bangqiao Technology Co. , Ltd. , told the business daily reporter that the company's sales in medical lighting increased significantly last year, in the future, the company will make further efforts in medical lighting. At present, there are more than 20 LED lighting enterprises with a certain scale in Chongqing, with an industry growth rate of 10 ~ 20, higher than the national average. Yesterday, Chen Weimin, deputy secretary general of the National LED Lighting Research and Development and Industry Alliance and secretary general of Chongqing LED Lighting Research and Development and Industry Alliance, told the Business Daily Reporter. The next three years will be the outbreak period of LED lighting, especially energy-saving replacement will be a big market. NVC Lighting President Wu Changjiang said at the annual meeting yesterday that NVC Lighting's LED sales in 2013 have exceeded 1 billion yuan. To 2015 NVC Lighting LED lighting products will accounted for the company sales total of 50. Wu Changjiang told the Business Daily Reporter. The rapid development has triggered a reshuffle. Chongqing enterprises should create a regional brand LED lighting industry. The penetration rate in 2014 has entered a stage of sharp rise, so they are optimistic about the growth of the LED industry. Problems such as price war and low gross profit still plague the industry. It is foreseeable that the outbreak of the LED lighting market will inevitably lead to a reshuffle in the industry. Chen Weimin believes. This year is destined to be an industry reshuffle year. Wang Shuxue said. Facing the impact of competition, Chongqing LED lighting enterprises should, on the one hand, prepare for the development of the group, build regional brands, jointly strengthen technological innovation and enhance their ability to resist risks. Chen Weimin said. Wu Changjiang believes that the current opportunities are also challenges, and enterprises need to prepare from the aspects of capital, team, and industrial chain. The relevant person in charge of Chongqing Science and Technology Commission also said at the annual meeting that at present, the Science and Technology Commission has a number of support projects involving LED lighting industry, covering technological innovation, high-tech enterprise declaration, talents and other aspects, support funds also from a few 100,000 to a few do yuan.