With the increasing maturity of domestic LED technology, cost-effective LED lighting products gradually began to close or even lower than traditional lighting, consumer acceptance is gradually increased. 2013 was a lot of LED industry insiders believe is the best year, product sales all the way Zouwang, but the product homogeneity, price wars, low margin and other problems plaguing the entire industry.

GLII forecast, 2013 China LED industry output will reach 263.8 billion yuan, an increase of 28%. The next five years, LED applications in addition to indoor and outdoor, automotive lighting, specialty lighting, other areas will enter a slow growth period.

After the first few years of domestic LED industry development, in terms of technology, scale, products have made great progress, but also faces many problems, LED overcapacity, a large number of enterprises, uneven levels of product performance, price war intensified, many companies do not have a clear corporate and product positioning. led grow lights https://www.eneltec-led.com/products/led-grow-lights

The next five years will be a major reshuffle of the LED industry, whether it is a listed company, or state-owned enterprises, private enterprises, the next five years, will be facing a very severe situation. Especially in the next three years, LED industry, the big fish eat, fast fish eat slow fish, it will be the industry norm because space market is so big, the inevitable result of this is the law of the market. Non-listed companies may largely be eliminated or integrated. best led headlights http://bestledheadlight.com/