Chinese eight industries will be devastating to subvert the LED lamp Daxian such skill

Chinese Premier Li Keqiang said at the world economic forum in Tianjin that China will increase scientific and technological innovation to enhance the level of industrial technology, quality and brand. This statement shows that the Chinese government will continue to attach importance to technological innovation.

Now, China's R & D spending has reached about 42% of the United states. Our research on Chinese enterprise innovation shows that there are at least eight types of innovation, so far, China's success is more based on non technological innovation. Analysts believe that some emerging technologies and trends will change consumer behavior, and forced companies to adapt or die". Analysts see these innovative technology is compared with a change to "turn the world upside down, let the Polaroid camera decline, also can let the rise of WAL-MART".

Analysts call the "creative destruction" of the 8 industries, "creative destruction" refers to these enterprises are large enough and destructive, so that it can re create the industry, and attract more and more investors. This eight creative destruction industry are electronic cigarettes, cancer immunotherapy, reinsurance industry, natural gas engine technology, Internet software, 3D printing, big data, LED lights.

One of the LED light industry, according to industry organizations in 2014 the number of global LED street lamp installation statistics show that the current global installed capacity of about street lamps

200 million, of which about 65 million euros in Europe, accounting for more than 30%, the United States about 44 million, accounting for about more than about 20%, about about 4000000 Japanese, China about 33 million, accounting for more than 16% of the world.

In recent years, Chinese LED lamp market penetration (installation number) on the rise, more than 7% in 2011, reaching 11% in 2012, 2013 LED lighting market penetration rate of around 19%, the market size of about 14 billion yuan. According to preliminary estimates, by 2015 China's LED street lamp market size of about 23 billion yuan, at that time, China's overall market penetration of LED road lighting products will be more than 45%, a huge market space. Analyst Brian Lee (BrianLee) optimistic about the prospects for the development of LED lights. LED has gone through several changes, from 2000s to start the phone, extended to the TV, is now developing to the field of general lighting. Lee said that this is a diversified era, so that the economic and energy efficient products to show their talents.