How to look at the development of LED lighting industry bigwigs insights

The day before a LED event held in Guzhen lighting, meeting for the lighting industry related hot topics and trends of the development of the exchange, recorded as follows:

Dou Linping, Secretary General of China lighting association:

Now we are in the thirty years after the reform and opening up the most difficult stage, manufacturers feel the market environment is very poor, since last year, I said that the next one or two years, the business is very poor, many entrepreneurs not to regard it as right because they think before, shouting to say sorry, last orders still live up to now.

In fact, as early as 2013-2014, LED products began to gradually apply to the lighting scene, but there are several aspects of the problem. First, the product price fluctuations. LED prices have been falling, price volatility is not stable; two is difficult to judge the quality. The traditional era, the price difference between different product quality is about 10-20%, and to the LED era, the difference is several times. Since the LED product has not yet entered the real stability, the upstream and downstream as well as a variety of supporting materials such as price fluctuations constitute a large difference in the price of LED products, and even large companies can not balance. Three is the lack of market regulation. Consumers can not judge the product, in this case, the regulation of the market is very important, because consumers can not judge the quality of lamps in the end how (thirty thousand hours? Or three thousand hours?.

Currently, the overall economy showed a downward trend in two years may not be able to change. The government has also taken measures, such as the recent devaluation of the RMB, the purpose is to stimulate exports. Due to China's economy by the three carriages, when today's weak consumption, investment stagnation, and therefore want to pull GDP growth in the export sector.

In the lighting project, the local government began by PPP (Public - Private - Partnership, namely public privatepartnerships) to strengthen the city infrastructure construction, and rely on the previous EMC model (energy management contract) project lighting is existing in the operation of many problems. In the form of providing services to individuals (individuals, enterprises and institutions) after the government investment, the government provides the service fee to the service provider. Which relates to the project cost evaluation, need third party agencies to judge, to maintain the traditional street as an example, a street lamp (lamp at 600 per year can get from the government cost management committee), in the PPP mode will refer to this standard. In the future, it is expected that the government will be more than 1 trillion PPP urban infrastructure construction.

In the architectural design market, I think the industry will be more difficult in the next one or two years. The design task will fall 30%, such as Beijing, a company with more than 1000 employees of the designers and Design Institute, this year is almost more than 300 designers is to take the basic salary to live, and some even feel very difficult to leave, and design institute. This situation is reflected in the lighting market to lag 1-2 years, it is said that 1-2 lighting market will gradually show.

In the China LED market share, the current LED lighting output this year will reach 50%, a penetration rate of more than 10%, which applied to the actual construction will be lower, this is our 3-5 industry development the most critical stage sprint. In fact, the so-called permeability refers to the product, and the share of the output value refers to the output value of LED in the proportion of total output value. Currently, there are more than and 40 companies listed in the lighting related to mergers and acquisitions in one year, the industry consolidation and merger speed is very fast. At present, some listed companies of the LED lighting market expectations are relatively optimistic, but once 2-3 years to see high growth market prospects, they are on the lighting market will gradually lose interest, some listed companies have officially announced its withdrawal from the lighting industry.

In recent years, the lighting industry in the stock market and the growth of high growth market segments. Thirty years of reform and opening up the existence of a large number of buildings which contains a number of waiting to replace the traditional lighting products, coupled with the market's own growth, making the industry growth rate is higher than the macroeconomic growth, before the penetration of LED in 5-10%, and now reached about 50%, caused by short-term market demand exuberant phenomenon. Last year, a lot of enterprises is no increase in interest income, we sell in the light at the same time, each lamp T8 lamp to lower profits, for example, a light bulb to the top several profit. However, the market is expected to be good, or let some companies feel that there is a single connection (but also live), and increase investment, expand the manufacturing scale, but this is only a short-term phenomenon.

In the Japanese market, for example, in 2011 the Japanese nuclear power plant accident as a cut-off point, began to vigorously promote the popularity of LED lighting products. Some of Japan's foreign trade lighting business feedback, in 2010 - 2012 years, a few months a few containers, but only a few containers a year, is expected in 2020 the Japanese penetration rate of 100%.

In LED lighting products export is also worth attention, now in the LED lighting products on the European market, established companies than domestic enterprises slow for ten years, and now many foreign enterprises have the lighting business sector alone spin out sell. The traditional lighting era, a large international enterprises rely on the advantages of electric light source technology development and growth, and LED up after the rise of a number of domestic enterprises, to seize the international technical advantages of large enterprises, making them lose their advantage in the field of light.

Now many domestic enterprises bigger and old thinking, many European and American enterprises is not big, but often the segments to do, and make the best in the industry segments, there is also the enterprise. Such as 2003-2004 years