The Development Status Of LED Industry

In 2021, COVID-19 continues to spread around the world, with domestic outbreaks also rising one after another. In addition, the price surge, labor shortage, material shortage,Electricity power restriction, China's lighting industry manufacturers have almost reached the limit of pressure.

This year, The LED downlight and other traditional lighting enterprises have been forced to the cliff, in a difficult situation; This year, the traditional LED lighting enterprises have also been brilliant no longer, sales scale growth slowed down, profit margins continue to decline, fell into the "use of price war to expand scale - overall profit margin decline - continue to expand scale - profit margins continue to decline" vicious cycle; This year, intelligent iot lighting enterprises began to emerge, smart lighting head enterprises have exceeded 2 billion yuan in scale, with the powerful empowerment of various cloud platforms, the industry for intelligent chips, modules, controllers, power supply, etc., attention has reached an unprecedented height.