LED filament lamp will become a new subdivision battlefield for LED lighting in the next three years

With the rise of China's lighting industry, the structure of the lighting market has become increasingly clear. On the one hand, large enterprises have achieved rapid development with their core competitiveness, and the superior resources have further gathered to the industry giants; on the other hand, some small and medium-sized enterprises rely on their clear market. Positioning in the market segment or regional market to establish a certain brand influence, in the "post-lighting" era, companies are looking for breakthroughs.

At this stage, the global inventory market for LED lighting is still low, so LED lighting still has a stable high growth space in the next 5 to 10 years. As one of the LED lighting categories, filament lamps are gradually recognized and loved by consumers. With the EU banned the sale of tungsten halogen lamps this year and the United States will also eliminate tungsten halogen lamps by 2020, filament lamps will become the fastest-growing LED lighting products in recent years.

Indeed, tungsten halogen lamps are banned from sale, and filament lamps are the most ideal and perfect replacement. It is understood that the European filament lamp market started earlier, the coverage rate is higher, and the ecosystem is relatively perfect, so the development prospects are relatively limited. It is expected that the European market will maintain steady growth this year. Unlike Europe, LED filament lamps in the US lighting market are just beginning to grow, which means that filament lamps companies will have more opportunities to expand their market share.

I believe everyone has noticed that in the past few years, China's LED filament lamp products have emerged and grew up in praise and criticism. Nowadays, the filament lamp market and products have matured, but the homogenization is very serious, and the price war is in full swing. In the last two years, with the gradual increase in the standardization of production, the overall output of LED filament lamps has also risen rapidly, and the market penetration rate has continued to expand.

According to data from the Institute of Advanced Industrial Research (GGII), the sales volume of LED filament lamps in China will be nearly 400 million in 2017, with sales reaching 4.54 billion RMB. It is estimated that the sales of LED filament lamps in China will reach 700 million in 2018, and sales will be more than 6.5 billion RMB. GGII expects that the global LED filament lamp market will continue to grow rapidly by 2020.