Lighting industry: What is the prospect of LED lighting industry?

Lighting industry: What is the prospect of LED lighting industry?

LED lights replace traditional lighting, just like electric lights replace kerosene lamps. The trend is unstoppable, and the prospects are greatly improved.

In terms of industry, the lighting industry belongs to the building materials industry and is a necessary industry for clothing, food, housing, and transportation. The great prospects are definitely good.

However, the lighting industry belongs to the category of building materials with relatively low gross profit and high competition. We suggest that you choose a category or direction with unique characteristics in the lighting industry.

Lighting industry: What is the development trend of LED lighting industry in the year?

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Lighting industry: What industry does lighting belong to

Lighting Industry: Prospects of LED Lighting Industry

How do you view the current difficult situation in the lighting industry?

Some LED lighting companies are doing well, while others are facing difficulties, which is normal. But the biggest fear is that companies with high technology and good products may face difficulties, and if they just mess around and do well, the industry will be in trouble. I hope colleagues can return to lighting, improve technology, and make good products. Once the industry ecology is good, good companies should be better off, while bad companies may face difficulties or even bankruptcy.

It is certain that LED lighting companies are facing difficulties at present. At present, there are too many LED lighting enterprises in China, which is unparalleled in the world. Accounts receivable also reflects the current financial situation of enterprises. LED costs are high, and competition for ordinary lighting has become intense. In the cold winter, the first priority for enterprises is to maintain cash flow and not let it break. Only with cash and blood can they avoid collapse.

Regarding the Future Pattern of the LED Industry

The advancement of the LED industry in the future will take on a similar form to the progress and development of the electronics industry. It will undergo a transformative change from the traditional light source industry. As long as we observe and study the overall organizational structure changes experienced by the electronics industry, the emergence of mergers and acquisitions, and the further subdivision of the industry chain, we can learn from and find the direction in which the LED industry will advance in the future.

The application of LED lighting is becoming more mature, and the light efficiency is gradually reaching saturation stability. The process of chip light source packaging will shift the focus from heat dissipation to pursuing high reliability and high-quality lighting quality due to the light to heat ratio crossing the balance point, and will no longer blindly pursue improving light efficiency. The performance of lighting sources, equipment, systems, and controls returns to high-quality lighting quality guided by human visual comfort.

The price and reliability of products are gradually stabilizing, and consumers are generally accepting LED lighting products. The market situation can be expected, but the profits of lighting sources, equipment, systems, etc. have decreased to stability. The lively wave caused by the application of LED optoelectronic technology in lighting engineering has subsided, and the overall lighting industry is tending towards a rational and calm industry norm.

This wave of enthusiasm fades, and it needs to be launched by the truly meaningful intelligent lighting control to improve the sense of value and product appreciation of lighting, and to establish a real smart lighting by combining the health lighting based on human factors engineering and the control method that fully respects the convenience of consumers' use habits. The current control mode of mobile phone APP has become a supporting role, and the automatic smart control built by sensors and microcomputer chips is a new hope, becoming the 4.0 of lighting technology and engineering applications.

LED lighting is the fourth or fifth generation of lighting products, and so far, there is no technology that can truly replace LED. Furthermore, there is still huge room for technological improvement in LED lighting products. From the chip at the source to packaging and downstream lighting applications, future products will be more energy-efficient, have a longer lifespan, easier to control, more intelligent, and more personalized. Therefore, the LED lighting industry still has a long way to go and its prospects will become increasingly bright.

After two years of rapid development, this year everyone is more rational and gradually returning to the advantages of LED products themselves. Products focus more on improving light efficiency and quality, are more energy-efficient, and can bring customers a better lighting experience.

The society and economy have entered a new normal in the year, and the lighting industry is also developing on the path of the new normal. However, the new normal also represents that the entire industry will tend towards rationality and stability, with less market chaos caused by speculation, which is undoubtedly very beneficial for some manufacturers who are solidly engaged in product and market development. So, the arrival of the new normal will undoubtedly promote the healthy development of the entire industry, and at the same time, it will also sweep the sand, "select the best", "poor students" will be kicked out, "progressive students" will stand out, and the original "excellent students" will further integrate resources and continue to lead. In this market environment, we need to constantly cultivate our "inner strength" and use our products well to gain customer trust and market recognition.