The rise of Chinese LED companies has intensified competition in the lighting market in China and Asia, forcing international manufacturers to break their wrists in order to survive. Following the sale of lighting business by Philips and Osram, GE, a century-old lighting brand, also announced its exit from the lighting market in Asia and Latin America, and will terminate all commercial activities in the future. Although GE Lighting is expected to focus more on the rise of LED and Chinese LED companies, it will intensify competition in the lighting market in China and Asia, forcing international manufacturers to break their wrists and survive. Following the sale of lighting business by Philips and Osram, GE, a century-old lighting brand, also announced its exit from the lighting market in Asia and Latin America, and will terminate all commercial activities in the future. Although GE Lighting is expected to focus more on LEDs and related technologies, the exit of the century-old factory from the Asian market is undoubtedly a shock to the industry. It is understood that GE Lighting's channel layout in Asia is not as good as expected. GE Lighting's revenue in China accounts for less than 10% of the company's overall lighting revenue, and other Asian regions are also quite low, compared with the North American market. The difference. Therefore, GE Lighting has opted out of the Asian and Latin American markets. Back to the consolidation of the North American and European markets, in order to continue to expand the scale and enhance profitability, showing that the thinking of international lighting giants has changed, from the original expansion channels, to the market share, to ensure profitability in order to survive. The rise of international large-scale micro-continent manufacturers In recent years, with the rapid growth of LED lighting demand, more and more enterprises have joined the LED lighting industry, resulting in fierce market competition and constant price wars. For example, in 2015, Mu Linsen's Mori war swept the entire lighting market. Cree, GE Lighting, Foshan Lighting, Op Lighting and other giants also joined the price war. Philips hit the global light bulb business with the lowest bulb price. With the increasingly fierce competition in the lighting market, LED lighting products are coming at a lower price. Philips and Osram are selling or divesting LED lighting business. Samsung Electronics downgraded the LED business unit to an operation group. LG also adjusted the LED business unit to GE today. Lighting exits the Asian and Latin American markets. It can be seen that the international manufacturers have gradually declined, and mainland manufacturers have rapidly emerged with the support of policies, and their influence is gradually increasing. The exit of major international companies or provide a better competitive environment for Chinese LED companies. From the perspective of global market demand, the penetration rate of LED lighting is still rising, and the rapid growth of the small-pitch market has driven the demand for LEDs. According to the survey data, the global general lighting output value reached US$82 billion in 2015 (excluding automotive and other special lighting). The output value of LED lighting is about US$25.6 billion, and the overall LED lighting market penetration rate has reached 31%. It is precisely because the penetration of LED lighting continues to rise, coupled with fierce competition in the LED lighting industry, leading international companies to abandon the lighting business that has been operating for 100 years. LED device price increase industry returns to rationality In March this year, the price of some products of LED manufacturers such as Mulinsen and Jingtai was raised to a certain extent. Then in May, it was reported that LED chip manufacturers such as Jingdian and Sanan had adjusted the price of some chip products. By the end of August, China's LED chips and packaging had once again increased in price. It is understood that the strong demand for the small-pitch LED display market is the main kinetic energy that drives the price increase of the LED supply chain. The downstream demand and technological advancement space make the small-pitch package and chip consumption grow rapidly. According to market research data, the output value of small-pitch LED is also expected to grow from 300 million US dollars in 2016 to 800 million US dollars in 2021, with a compound annual growth rate of 46%. It can be seen that the small-pitch LED has broad market prospects. From the semi-annual report released by various listed companies in the near future, it can be seen that the overall performance of the LED display industry this year is good. In the first half of the year, Guoxing Optoelectronics also achieved double growth in revenue and profit. Among them, LED display devices have sufficient orders in the first half of the year, and small-pitch products have been in short supply. It is expected that the market performance in the second half of the year will continue to improve. It can be seen that the phenomenon of concentrated price increase in the LED chip market is a sign that the market is returning to rationality. At the same time, factors such as tight supply of chips in the first half of the year have also led to the overall price increase. This is a good trend for the market. In the future, LED companies must base themselves on quality competition instead of abusing price wars. As long as they can survive the market chaos in these two years, enterprises will usher in a virtuous competitive environment, and the market prospects are very promising. Tang Guoqing, the general manager of Samsung LED China, specially wrote an article for the LED chip price increase. Mr. Tang believes that under the market competition environment, the LED industry cannot rely on price reduction competition for a long time. Only LED products return to their original value, LED industry returns to a rational competitive environment, the market has hope, and there is a long-term development momentum. Segmentation of the market as a way out to boost industry progress Since 2014, the LED industry has gradually moved from maturity to maturity. The scale of the LED industry has further expanded, and the penetration rate of the LED lighting market has gradually increased. In addition to being widely used in landscape lighting, road lighting, commercial lighting, home lighting, etc., visible light communication, plant lighting, UVLED, automotive lighting and other subdivisions. The market has also developed rapidly and quickly became the focus of the industry. At the same time, LED lighting is moving from alternative applications to on-demand lighting and beyond lighting. The value of semiconductor lighting products has increased, and the quality of light has become the focus. Together with the rapid development of the Internet, the Internet of Things and intelligent lighting have stood out. Today is the era of cross-border, when LED plus the Internet, the lighting industry will open the curtain of wisdom. It can be seen that the development trend of the good LED lighting market is benefited from the government's achievements in deepening the support policy of the LED industry, and also benefiting from the innovation of LED companies in China. In order to showcase the business and management achievements of the company since 2015, OFweek Semiconductor Lighting Network will continue to hold the annual selection meeting of OFweek 2016 China LED lighting industry. This selection event covers all LED and related application industries, including chips, packaging, applications (display, backlight, lighting and application engineering), equipment, instruments, materials projects and enterprises. It is understood that the selection activity based on the online voting + expert review two comprehensive scores directly lead to the final winners of the selection activities. Among them, in the expert review process with a proportion of up to 70%, the expert jury will strictly follow the selection process and rely on objective data to fulfill the duties of selecting outstanding enterprises, products and engineering cases in the LED industry. Helping the OFweek 2016 China LED Lighting Industry Annual Selection Conference recognizes the industry's outstanding and affirmative industry contributions, sets the industry benchmark, and promotes the industry's progress goals and tasks. Attachment: OFweek 2016 China LED Lighting Industry Annual Selection Experts Judges List (in no particular order) Li Shizhen, Professor and Director, LED-FPD Engineering Technology Research and Development Center, Hong Kong University of Science and Technology Qian Keyuan, Research Fellow, Shenzhen Graduate School, Tsinghua University, Liang Bingwen, Research Fellow, Suzhou Institute of Nanoscience, Chinese Academy of Sciences Visiting Professor/Professor of Fudan University Wen Shangsheng Director/Professor of South China University of Technology Zhu Mudao Deputy Secretary General of Taiwan Optoelectronic Semiconductor Industry Association Chen Changzheng Professor of Guangxi University Fan Guanghan, Professor of South China Normal University, Guangdong Institute of Semiconductor Industry and Technology Liu Muqing Fudan University Institute of Electric Light Sources Professor Li Jinyu, Director of the Institute of Semiconductors, Chinese Academy of Sciences Lin Yandan, Ph.D., Associate Professor, Institute of Information Science and Engineering, School of Information Science and Engineering, Fudan University, Wang Gang, Dean, Professor, Zhongshan University, Foshan City
Kraft Window Stand Up Pouch With Zipper,Frosted Window Kraft Stand Up Zipper Pouch,Matt Black Kraft Pouches With Window,Flat Bottom Standing Kraft Paper Bag Window
Shenzhen Lehua Packaging Materials Co., Ltd , https://www.zjlehuapackaging.com