The development pattern of LED corn light market in 2017

Benefit from policy promotion and support, China's LED market has come a long way. LED corn light is now widely used in many fields including industrial, commercial and household lighting.Driven by the growth of downstream market applications, the size of China's LED corn light market has expanded rapidly.

China's LED corn light market has been developing rapidly in recent years, and competition in the industry has been increasing.Among them, the technical requirement of relatively low medium and small power LED corn light market competition is particularly fierce.
LED Corn Light



Medium and small power LED corn light is mainly used in indoor lighting, the market is very big, but due to the small and medium-sized power LED corn light to the technical requirement is relatively low, thus there are a large number of enterprise production, the industry price competition is fierce, a lot of the company's gross margin has dropped to 15%.

Faced with fierce price competition, LED corn light manufacturers are constantly adjusting their prices, and even more difficult is that some raw materials are still going up in 2016 and labor costs are rising.So in the next year, a large number of small power producers will fail.
Since 2016, many companies are beginning to exit the industry, but there are also some enterprises with the technical advantages and product quality, to obtain high growth, such as TEK lighting, environment throughout the recession, can get such achievement is not easy.
LED corn light


In high power LED corn light market, due to the high power LED corn light is mainly used in LED outdoor lighting and industrial lighting, need to meet stringent environmental requirements, research and development, production technical threshold is higher, process more complex, the participants is relatively small, the market competition lower than small power LED corn light market competition .


High power LED corn light as an important market, because it has high barriers to technical barriers, the brand and product certification barriers, market concentration is higher, at present, TEK lighting level of production technology and process also gradually, improve product quality stability, has the strong ability of market competition.

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