2008 lighting industry market annual inventory market downturn look forward to 2009 recovery

The end of 2008, standing on the end of the year, back in the past year, the lighting industry amidst the winds of change. Overseas markets are global lighting business booming, and American Standard Specification, EU directives issued to domestic, 2008; China lighting industry also has a lot of memories: government subsidies to promote energy-saving lamps on the Olympic stage LED be in full swing, the glory of the infinite, the 512 Wenchuan earthquake China lighting lighting enterprise circles Our wills unite like a fortress., feel insecure under the financial crisis...... Today, from the perspective of our market analysis of the lighting industry in 2008, let us through the interpretation of the 2008 digital lighting market.

Lighting industry boom index - market downturn looks forward to 2009 recovery

The history of lighting electrical appliances has been hundreds of years, but so far the lighting industry in all walks of life is very inconspicuous, often overlooked, and even as part of the household electrical appliance industry or building materials industry. This is because the size of the lighting electrical industry is very small. According to the China Association of lighting electrical statistics, in 2007 China's lighting industry sales exceeded 200 billion yuan, the annual growth rate of more than 20%. This scale and furniture, home appliances, building materials, clothing, food, IT, automotive, real estate and other industries can not be compared, I am afraid that only some of these industries, the total annual sales revenue of large enterprises. Even in the international market, only Ge, PHILPS, OSRAM and other companies annual sales of billions of dollars, this figure is significantly lower compared with other industries.

However, the lighting industry has developed into an important industry, which is closely related to people's life. Whether it is home lighting, or engineering lighting, lighting not only as a single lighting tool to use, but also gradually become a unique decoration, and even related to people's health. Because of this, in recent years, the lighting market index increased year by year, but the "07-08 annual lighting market boom index" can be found, due to the impact of the overall deterioration of social economic environment in 2008, 08 years of lighting market boom index was significantly lower than that in 2007, continued to show lower trend.

January 2008, the lighting market boom has improved compared to 2007, gradually showing the momentum of the arrival of the peak season, but this phenomenon continued until the end of the year in April. Entered in May, with the occurrence of the Wenchuan earthquake in the past 100 years, the lighting market is also not a small impact, the index fell to the lowest point in the first half of the year. Entered in June, by the national reconstruction and a series of policies to stimulate the lighting market began to recover. Enter the August lighting market good times don't last long, once again fell into a trough, this phenomenon continued until the end of 2008.

2008 lighting market sentiment index continued to decline? This phenomenon occurs in the whole market economy in 2008 as a whole.

Entered in 2008, with the introduction of the new labor law, as well as rising raw material prices, resulting in rapid growth in the cost of enterprises, in addition to financing difficulties, making the enterprise capital chain is not enough. United States Standards for lighting standards, the introduction of the EU directive, leading to increased difficulty in foreign trade exports. The development of small and medium enterprises. Especially in Guangdong and other small and medium enterprises in the region, there has been a wave of business failures. Data show that: in the first three quarters of 2008, the total number of enterprises in Guangdong closed down to 7148. Guangdong is the most concentrated area of China's lighting companies, lighting companies naturally can not escape the impact of closures. Entered in August, affected by the U.S. financial crisis, the world economy began to decline. From the financial sector to the real economy, the world economy has slowed down significantly. China's economy will inevitably be affected, the economic growth rate has slowed down. According to the Chinese Academy of Social Sciences released the 2008 autumn report predicts that in 2008 China's GDP growth rate will be about 10.1%, an increase of 1.8 percentage points lower than last year. 1-9 month national total import and export growth of 25.2%, of which exports grew by 22.3%, an increase of over the same period last year dropped by 4.8 percentage points. From Zhejiang Province, the momentum of economic growth is also more obvious decline. A quarter of Zhejiang's GDP grew by 11.8% over the same period last year, down to the first half of, 1-3 growth of 10.6% over the same period last year dropped by 4.1 percentage points. Lighting industry has gradually entered the industry winter, lighting companies have to look for winter.