The next five years, the 30% LED enterprises will be eliminated?

"At present there are more than 10 thousand domestic LED companies, the next 5-8 years, 30% to 40% or even 50% of the enterprises will be eliminated from the market, industry concentration will be higher. June 9th, known as the world's largest lighting exhibition in Guangzhou International Lighting Exhibition opened in Guangzhou,, director of Guangzhou Guangya Exhibition Co., Ltd. Dr. Pan Wenbo made the above statement at the meeting.

Pan Wenbo believes that the future market will grow out of a group of outstanding enterprises. He predicted that the next 5-8 years, the country will have annual income of over 1 billion yuan, $2 billion, or even more than 10 billion yuan LED lighting companies.

LED lighting penetration rate is currently only 20%-30%, Pan Wenbo believes that the next five years, LED lighting penetration rate may exceed 80%, the development of space is very large. Chinese mainland LED lighting output value of the upper and lower reaches, 3500 to $380 billion last year, this year will reach $4200 to $450 billion over the next five years will be more than $1 billion.

In Pan Wenbo's view, with the brand, technology, channels and sales networks business, will become increasingly strong. Of course, there will be eliminated. The next five years, the domestic LED lighting industry will maintain an annual growth rate of 22%-25%, 80% of the traditional lighting will be replaced by LED lighting. "

It is reported that the Guangzhou International Lighting Exhibition exhibition area of 225 thousand square meters, covering more than and 20 hall lighting enterprises at home and abroad show a new trend, integration of lighting products and control technology including lamps, lamp accessories and electronic components, LED chip module, the latest lighting industry chain products and technologies are displayed.

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