China’s LED high bay light enterprises occupy LED lighting market
In recent years, with the expansion of the market demand for LED lighting application, more benefit from the human and material cost advantage, with the support of the policy, our country has now become the world's important production base of LED high bay light.
It is worth mentioning that in 2016, 51 % of the world's production value is concentrated in mainland China, and as the global production capacity of LED high bay light continues to shift to China, the value of the output of LED industry in China will continue to increase.
LED as an energy conservation and environmental protection industry, in the early stage of development, it attracted a large amount of money in the promotion of national policies. In recent years, China's packaging industry has developed rapidly. After so many years of development, the domestic LED industry has been growing and growing, and a number of manufacturers such as TEK lighting have emerged.
Although China is a world leader in the size of the lighting market, it still faces an undisputed fact that the domestic LED industry is not strong, although it is large. At present, the operating conditions of many enterprises in China vary widely, and the development prospects of most small and medium-sized enterprises are worrying. In the past two years, there have been continuous "falling" of LED high bay light enterprises.
Many industry insiders said, LED high bay light out competition in the industry is accelerating, international companies and domestic companies in expanding domestic market, combined with today's packaging industry device price level has fallen to the bottom line, companies rely on the centralized purchasing and scale effect can guarantee a certain profit, and domestic small and medium-sized enterprises' income not increase is gradually becoming the norm, the living space is increasingly narrowed, batch failure exit is just a matter of time.
In other words, there are still many variables in the market situation of LED industry. Gross interest rate, as one of the criteria to test the profitability of enterprises, has always been valued by enterprises. According to the survey, in 2010, the level of gross profit of LED high bay light enterprises was around 30% to 35%. The gross profit level continued to decline in 2011-2015, which was maintained at 20% to 25%; In 2016, the domestic LED industry rebounded, and LED high bay light companies' gross profit margins recovered slightly.
Thus, has the advantages of the LED high bay light manufacturer in 2016 after the boom of profitability improved, especially in the formation of chip manufacturers, packaging manufacturers cooperation system, rising profit margins will be benign. As it turns out, this year's lighting market has been holding up the recovery in the second half of 2016, and the gross profit of LED high bay light companies has also risen steadily.
It is worth mentioning that in 2016, 51 % of the world's production value is concentrated in mainland China, and as the global production capacity of LED high bay light continues to shift to China, the value of the output of LED industry in China will continue to increase.
LED as an energy conservation and environmental protection industry, in the early stage of development, it attracted a large amount of money in the promotion of national policies. In recent years, China's packaging industry has developed rapidly. After so many years of development, the domestic LED industry has been growing and growing, and a number of manufacturers such as TEK lighting have emerged.
Although China is a world leader in the size of the lighting market, it still faces an undisputed fact that the domestic LED industry is not strong, although it is large. At present, the operating conditions of many enterprises in China vary widely, and the development prospects of most small and medium-sized enterprises are worrying. In the past two years, there have been continuous "falling" of LED high bay light enterprises.
Many industry insiders said, LED high bay light out competition in the industry is accelerating, international companies and domestic companies in expanding domestic market, combined with today's packaging industry device price level has fallen to the bottom line, companies rely on the centralized purchasing and scale effect can guarantee a certain profit, and domestic small and medium-sized enterprises' income not increase is gradually becoming the norm, the living space is increasingly narrowed, batch failure exit is just a matter of time.
In other words, there are still many variables in the market situation of LED industry. Gross interest rate, as one of the criteria to test the profitability of enterprises, has always been valued by enterprises. According to the survey, in 2010, the level of gross profit of LED high bay light enterprises was around 30% to 35%. The gross profit level continued to decline in 2011-2015, which was maintained at 20% to 25%; In 2016, the domestic LED industry rebounded, and LED high bay light companies' gross profit margins recovered slightly.
Thus, has the advantages of the LED high bay light manufacturer in 2016 after the boom of profitability improved, especially in the formation of chip manufacturers, packaging manufacturers cooperation system, rising profit margins will be benign. As it turns out, this year's lighting market has been holding up the recovery in the second half of 2016, and the gross profit of LED high bay light companies has also risen steadily.
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