LED lighting industry how to sustainable development

The development history of the fourth-generation light source LED is only a few decades. In the 21st century, humanity will enter the era of new lighting sources represented by LEDs. In 2011, global LED output exceeded US$12.974 billion, an increase of 35.01% year-on-year. In 2012, global LED output exceeded US$17.385 billion, an increase of 34.00% year-on-year. However, the digital prosperity cannot hide the various crises faced by the LED lighting industry in China.

In the past 2012, the Chinese LED industry exposed various problems. On the one hand, factors such as low barriers to entry, weak development foundations, and relatively late regulatory start-ups have foreshadowed the subsequent emergence of vicious competitions such as uneven quality of the company and price war; on the other hand, domestic and foreign companies have not completely In the debt crisis, the recovery of the economic environment of “strength”, the sharp rise in labor and raw material costs, and the overcapacity of industrial structural investment have caused the LED industry to face no small pressure. Excluding the external reasons for the strong inflow of foreign-funded enterprises, from the intrinsic reasons, the lack of innovation potential, lack of quality, and brand awareness in China's local LED companies are the basic reasons that led to the difficulty of LED lighting companies in China and the advancement of LED lighting companies.

In this era, the LED lighting industry is a mystery. Some people have been lost, others have become the mainstay. To achieve sustainable development, we must continue to improve and improve product quality and technology, seize the hearts of consumers, can we really win this market.