The first chapter:LED export orders are declined 30%, shenzhen led manufacturer close watch on the civilian market

After experienced years of development spurt, shenzhen led manufacturer began to enter the trough period from the second half of last year. The reporter learned from the 111th Canton Fair which held recently, the LED Projects business is commonly dropped by 30%  from Europe and the United States since the beginning of the orders.  On the perspect of listed company, 13 companies listed from the first quarter of last year to this year’s annual report, the growth rate of 11 enterprises are in severe decline. But in order to avoid the misfortune of being mergers and acquisitions, domestic LED company IPO is still in full swing staged.

The data from the world’s largest lighting exhibition in Guangzhou International Lighting Exhibition indicate that the scale of this exhibition will be opening in early June, an increase of 10%, but the number of exhibitors has decreased by 12%. Behind the bustling capital of LED heat surged the flood of industry reshuffle. Guangzhou International Lighting Exhibition, founder of Pan Wenbo have an interview with reporters, said, “The temporary trough period of LED high bay industry provide the timing of the reshuffle. The international giant and competing LED domestic enterprises listed will become shuffling leader.”

The export order drop down by 30%

According to industry sources introduced, domestic LED enterprised are in the leading of exporting of 70%. Under the influence of a variety of factor of the U.S. consumer market recovery and weak, the reduction of orders are obvious cutting down since the second half of last year.

The situation of U.S. and European markets this year is particularly severe, orders fell 40%. Reporters learned from a number of shenzhen led street light manufacturer, European and American orders slow down by three to five percent which is quite common in the industry field. The deduction of  orders will directly influence the revenue decline. According to the statistics of Guangdong Guangya Lighting Research Institute, from the 2011 Annual Report released by the 12 companies listed from last year to the first quarter of this year shows just  the photoelectric Liantronics two maintained a slight increase in growth rate. The other 10 enterprises is as a slow speed declining.  Among them, the rectangular illumination  in 2010 kept 234% of the growth rate, only 57% of 2011 operating income growth. Mason Technologies performance even shows zero growth.

To be continued…