China's LED lighting market is the explosive growth period, the prelude to reshuffle has just begun. In the day before at the 2014 Guangzhou International Lighting Exhibition, insiders pointed out that the next 5 to 8 years, 30% to 40% or even 50% of the enterprises will be eliminated from the market, industry concentration will be higher.
At the same time, the market will grow a number of outstanding enterprises. Insiders said that the current LED lighting penetration rate of only 20% - 30%, the next five years, LED lighting penetration may exceed 80%, the development of space is very large. The LED lighting on the lower reaches of the value will be 350 billion yuan from last year to 380 billion yuan to 420 billion yuan to 450 billion yuan, the next 5 years will be more than 10000 yuan.
It is clear that not every enterprise can enjoy the fruits of the market, with the brand, channel, technology and sales network advantage of the enterprise, will be more and more strong. Of course, there will be eliminated. Insiders pointed out that the next two years is critical, the market is in a rapid growth period, if you do not seize the market, do not form a strategic cooperation with customers no chance.
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