Five factors affecting the development of LED lighting industry

Since LED entered the lighting industry, it has received attention from society and the media. In order to seize the market opportunity, there was once a phenomenon of overheated investment. However, after the market boom, LED lighting did not show the expected effect. Is it a long way to go or a difficult step? What is the future of LED lighting? This article summarizes and analyzes some common problems in the current LED lighting industry. The specific contents are as follows:

　　1. Lack of core technology

　　Although the LED industry has shown a "blowout" trend in recent years, it is quite lacking in core technologies and patents, especially the lack of blue light and white light core patents related to future development, which restricts the long-term development of the entire LED industry. Even the core chips of some small and medium-sized enterprises still rely on foreign exports. As the scale of the industry continues to expand, technical patent issues will become the lifeline controlling the development of enterprises.

　　2. Lack of brand awareness

　　The entry threshold of the LED industry is low, resulting in a large number of enterprises, with a large number of small and medium-sized enterprises and workshops. Most of these enterprises have no awareness of creating their own brands, and their products are uneven, and many of them are just copies of foreign brands. If there is no independent brand and the brand image is not established in time, the enterprise will gradually be submerged by the tide of LED lights.

　　3. Impact of Local Protectionism

　　Most local governments have different degrees of local protectionism. In order to develop the economy, the government will introduce corresponding support policies. For example, when selecting landscape lighting and traffic lighting, local enterprises will be given priority, which forces some small and medium-sized enterprises to focus their main energy on bidding for government projects, thus losing the opportunity for external expansion. As for the establishment of brand image, the local government has little influence.

　　4. Lack of industry standards

　　LED lights are developing very fast, and the market is not yet regulated. At the same time, the country has not issued corresponding national industry standards. Large enterprises generally set their own standards, and small and medium-sized enterprises follow, which makes industry standards regional. The chaotic and inconsistent industry standards have caused great obstacles for enterprises when they open up markets in other places.

　　5. The price is high

　　Compared with traditional lighting, LED lights are more expensive and are more commonly used in government projects and large buildings, but not in ordinary people's homes. Although LED lights have environmental protection and other characteristics, the high price still makes most ordinary consumers wait and see. It will take a long time for LED lights to enter home lighting.