Views: 4 Author: Site Editor Publish Time: 2023-05-11 Origin: Site
Medium and high-power LED lighting products mainly include outdoor, industrial lighting, and special lighting products, mainly used in municipal roads, outdoor parking lots, airports, ship ports, factory workshops, warehouses, sports venues, and other fields. The technical difficulty and maintenance cost are high, and the performance and quality requirements are strict. For example, outdoor lighting needs to cope with various complex natural environments such as high and low temperatures, rain and snow, sandstorms, lightning strikes, salt mist, etc. Industrial lighting emphasizes providing stable lighting 24/7 in industrial environments such as strong corrosion, strong impact, and electromagnetic interference. The penetration rate of LED lighting in overseas regions is significantly lower than that in the Chinese market, indicating a higher demand for replacement.
1. Industry characteristics
（1） periodicity
With the gradual maturity of LED lighting technology and the influence of international energy-saving and emission reduction concepts, the LED lighting application market has significant growth and replacement space, and market demand is showing a rapid upward trend. Overall, the periodicity is not obvious.
（2） regional
At present, with the continuous improvement of the industrial chain, domestic LED lighting enterprises have formed unique scale advantages in product development and manufacturing, becoming an important production base for global LED lighting products. Domestic LED lighting enterprises are mainly concentrated in the southeast coastal areas, forming three major industrial clusters in the Pearl River Delta, Yangtze River Delta, and Fujian Jiangxi region. Internationally, LED lighting enterprises in developed countries such as North America and Europe mainly focus on channel construction and brand operation, and the global lighting market has formed an industrial layout mainly in Asia, North America, and Europe. Overall, the regional characteristics of the industry are obvious.
2. Market situation of LED lighting industry
(1) The development of LED from light source substitution to the field of lighting fixtures, promoting the gradual expansion of the global LED lighting market
Compared with LED light sources, LED lamps with integrated design have a lightweight appearance, generally longer lifespan, and are both energy-saving and aesthetically pleasing, fully reflecting the development trend of energy-saving, healthy, artistic, and humanized lighting; In addition, with the development of technologies such as the Internet of Things, the combination of intelligent control and lighting scenarios will change the way products are used and increase the added value of LED lighting fixtures. The development of LED from light source substitution to the field of lighting fixtures, with the continuous expansion of replacement and incremental markets brought about by updates and application scenarios.
(2) China undertakes the development and manufacturing of LED lighting applications and is an important global production base
With the support of the "863" plan, the Ministry of Science and Technology of China first proposed the development of semiconductor lighting in June 2003.
With the continuous updating and iteration of LED chip technology and manufacturing processes, the luminous efficiency, technical performance, and product quality of LED lighting products in China have significantly improved; In addition, with the continuous increase of enterprises and investments related to the industrial chain, the production and manufacturing technology of LED light source manufacturing and supporting industries has been upgraded, and the cost economy of large-scale production of end products has improved. With the above advantages, China has currently undertaken the key links of LED lighting industry chain development and manufacturing, becoming one of the important participants in the global LED lighting industry.
(3) North America occupies the channel and brand advantages in the LED lighting industry, and purchases Chinese products through ODM, OEM, and other modes for global layout
The lighting industry in North America, represented by the United States, has a long history and has many well-known brands. In the LED lighting industry chain, it mainly focuses on channel construction and brand operation, with leading advantages.
Based on the above channels and brand advantages, lighting manufacturers in North America generally purchase LED lighting products from Chinese enterprises through ODM, OEM, and other modes for global layout. In the first half of 2022, North America accounted for 29.8% of China's total export of LED lighting products, making it the largest export destination for LED lighting products in China. The United States is also the largest single lighting product export market in China, with exports exceeding 10 billion US dollars in 2021.
