If the target of chip localization can be come true, LED lighting is expected to substantially lower prices, huge civilian market will accelerate to be open.
The economy in Europe and the United States have a depression, and export orders have fallen sharply, mainly in overseas markets led street light industry into a trough. However, continuing to adopt favorable policies of May give the troubled green LED lighting industry hit a shot in the arm. This level of excitement from the Guangzhou International Lighting International Lighting Exhibition as a barometer of the global lighting industry can get a glimpse.
Public information showed, as the world’s largest lighting exhibition, the Guangzhou International Lighting Exhibition” organized by Guangya Messe Frankfurt Co Ltd, which has been a 17-year-old. Learned from the organizers, the exhibition area of the 17th exhibiton will be expanded by 10 percent, reaching a record high of 220,000 square meters.
However, experts said, LED green lighting industry is ongoing a reshuffle. The industry is still waiting for opening by mainland’s civil market.The premise of openning market is that the chip achieve localization. the led lighting company is expected to cut prices substantially.
As emerging industries, China’s LED lighting industry and photovoltaic industry have a common Achilles’ heel –three outside: core raw materials overseas, and technology form overseas, the market concentration in the overseas, the market concentration in the overseas, China’s LED lighting industry is mainly concentrated in the lower reaches of the package end.
The data shows that 80% of the products in mainland the led lighting company are export-oriented. Under the influence of the European economic crisis, the weakness of the US economic recovery, since the second half of last year, the orders of the LED lighting business began declining. Prior to that, from the 111th Canton Fair, held on May, 20, we learned that, since the beginning of the order of the mainland China led projects companies from Europe and the United States, it is common to droy by 30%.
“This year, Europe and the United States market situation is particularly acute, a decrease of 40% of orders.” Caiya Hui, chairman of the led lighting company in Shenzhen City. Another enterprise in Donguan also said that ordrs from Europe decreased by more than 50%. The number of LED companies, said that Europe and the United States orders fell three to five percent are quite common in the industry.