LED lighting investment overheated industry needs to be standardized

China's LED lighting is infinite or difficult? What opportunities and challenges does China's LED lighting industry face? As the LED lighting industry ushers in the rapid development of the spring tide, many disputes about its overheated investment have emerged. Some even believe that the frenzied development will overdraw future capacity and market in the domestic market.

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

Philips, the world's largest lighting manufacturer, has predicted that 90% of its lighting production in 10 years is LED, and the business opportunities here are huge. This is the blueprint for the development of the LED lighting industry.

The continuous expansion of market demand will promote rapid technological advancement, and the national support for LED will add to the development of this lighting industry. As technology continues to increase, LED production costs are falling at a rate of 30% per year. The industry believes that the time to eliminate incandescent lamps will not exceed 10 years. In order to make the LED lighting industry develop healthily and orderly, many experts suggest strengthening the country's overall guidance for local LED industry planning, and issuing national industry standards as soon as possible, especially the industry standards for related products in demonstration projects, such as street lamps and tunnels. Lamps, displays, landscape lights, etc., allow local governments to purchase and provide products with standards.

At the same time, we will introduce relevant supporting policies as soon as possible, strengthen the establishment and regulation of testing institutions, avoid some non-conforming test results, and improve the overall testing level and credibility. Many experts believe that the market competition is becoming increasingly fierce, and it is imperative to strengthen the research and development of the next generation of semiconductor lighting technology. At the same time, the localization of MOCVD for semiconductor lighting core equipment will be realized as soon as possible, fundamentally changing the situation of high-end equipment and attracting people, and promoting the rapid, healthy and sustainable development of China's semiconductor lighting strategic emerging industries.

Many industry insiders believe that with the entry of international giants into the Chinese market, many domestic companies with certain core competitiveness will face the risk of being merged, and enterprises that lack competitiveness will be directly eliminated. If the market is not regulated, it will be possible to fall into the position of making wedding dresses for foreign lighting giants in the future.

Edit: Leo

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