LED lighting investment overheated industry needs to be standardized introduction

Is China's LED lighting unlimited or difficult? What are the opportunities and challenges faced by China's LED lighting industry? While the LED lighting industry has enjoyed a rapid development like the spring tide, many disputes over its over-investment have emerged. Some people even think that with the domestic market not really starting yet, the frantic development will overdraw future capacity and market.

With the continuous growth of lighting in production, life, and urban streets, the role of lighting in electricity consumption has become increasingly prominent. According to statistics, China's lighting electricity consumption accounts for more than 12% of the country's total electricity consumption, and it is increasing at an average annual rate of 15%. The market for energy-saving lighting products as an alternative to incandescent lamps is welcoming a good opportunity.

Philips, the world's largest lighting manufacturer, has predicted that 90% of the lighting produced in 10 years is LED. The business opportunities here are enormous. This is an early warning of the blueprint for the development of the LED lighting industry.

The continuous expansion of market demand will promote the rapid progress of technology, and the country’s support for LED will add brilliance to the development of this lighting industry. As technology continues to increase, the cost of LED production declines by 30% per year. According to industry insiders, the total time to phase out incandescent lamps will not exceed 10 years. In order to make the LED lighting industry develop in a healthy and orderly manner, a number of experts recommended that the government strengthen the guidance of the local LED industry as a whole, and publish the enforceable national industry standards as soon as possible, especially the industrial standards of related products in demonstration projects, such as street lamps and tunnels. Lamps, display screens, landscape lights, and so on, so that all local government procurement and enterprise products have standards to follow.

At the same time, relevant supporting policies shall be issued as soon as possible to strengthen the establishment and standardization of testing organizations, avoid some unrealistic test results, and increase the overall level of inspection and credibility. Many experts believe that competition in the market is becoming increasingly fierce and that it is imperative to strengthen the research and development of next-generation semiconductor lighting technology. At the same time, as soon as possible to achieve localization of semiconductor lighting equipment core MOCVD, fundamentally change the high-end equipment from the people's situation, and promote China's semiconductor lighting strategic emerging industries rapid and healthy sustainable development.

Many people in the industry believe that with the entry of giant companies into the Chinese market, many companies with certain core competencies in China will face the risk of mergers and acquisitions, and companies that lack competitiveness will be eliminated directly. If you do not regulate the market, the future will likely be reduced to the point where you can make a wedding dress for foreign lighting giants.