The LED industry will usher in explosive growth in the next three years. Yesterday, at the 2013 LED Lighting R&D and Industry Alliance Conference in Chongqing, Wu Changjiang, President of NVC Lighting Holdings Co., Ltd. said. For the future of the LED industry, many industry participants believe that as the technology matures, the price of LED lighting products will become more and more grounded, and the industry will usher in structural opportunities.
For LED lighting companies, 2013 is both a year of opportunity and a year of non-year. Under the homogenization competition, many well-known LED lighting companies such as Shenzhen Yiguang and Keli Optoelectronics have closed down; at the same time, the explosive market growth has caused some LED lighting companies to earn a lot of money.
At present, LED technology is becoming more and more mature. The life of LED lighting is generally around 20,000 to 30,000 hours. Its price is gradually approaching that of traditional lighting products. The acceptance of consumers is getting higher and higher. The LED lighting industry is recovering significantly. Wang Shuxue, deputy general manager of Chongqing Tianyang Jieneng Technology Co., Ltd., said that in order to cope with the explosive growth of the market, the company has invested 10 million yuan to purchase new equipment, and will expand its production capacity by 200 in the next year.
Another well-known LED lighting manufacturer Chongqing Bangqiao Technology Co., Ltd. sales person in charge said that last year, the company's sales in medical lighting has increased significantly, and the company will further develop its medical lighting in the future.
At present, there are more than 20 LED lighting enterprises in Chongqing with a certain scale, and the industry growth rate is 10-20, which is higher than the national average. Yesterday, Chen Weimin, deputy secretary-general of the National LED Lighting R&D and Industry Alliance and secretary general of the Chongqing LED Lighting R&D and Industry Alliance.
The next three years will be the outbreak of LED lighting, especially the energy-saving replacement will be a big market. Wu Changjiang, president of NVC Lighting, said at the annual meeting yesterday that in 2013, NVC Lighting’s LED sales exceeded 1 billion yuan. By 2015, NVC lighting LED lighting products will account for 50% of the company's total sales.
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