LED light source is characterized by high efficiency, energy saving, environmental protection, and easy maintenance. In the context of global energy shortage, LED lighting products are an effective way to achieve energy saving and emission reduction. In recent years, with the continued maturity of the LED technology, the price of LED lighting products has rapidly declined and has gradually replaced other lighting sources such as incandescent lamps and fluorescent lamps, and the penetration rate has continued to increase rapidly.
Although LED lighting has gradually become the mainstream of the lighting industry, its market competition is becoming increasingly fierce. In the intense competition in the general lighting market, some manufacturers chose to extend to the market segment and achieved excellent results.
With the continuous improvement of LED technology, automotive lighting, plant lighting, UV LED, IR LED, visible light communication (LIFE), Micro-LED and other sub-fields have also developed rapidly, LED companies have begun to go to the sub-segment penetration In the future consciously, the LED landscape will present a “big, strong and beautiful” situation, and China will certainly produce a lot of “small and beautiful” companies that focus on a particular field.