Another year has passed. At this moment, no matter how lost or smug you are, you are sure that the way you think in the LED industry has been quietly changed by this era. This is the era of brewing LED revolution under the new economic normal.
Throughout the LED industry in 2015, the market hotspots are still on the rise. The “black horse†varieties are frequent, new normals, mergers and acquisitions integration, innovation, small spacing, cross-border, new opportunities, new three boards, “going outâ€, etc. The era of fission and breakthrough in the industry.
The ambition of the LED era is also derived from the national trend and the country's general trend. Whether it is the report of the 18th National Congress, the report of the Third Plenary Session, or the more specific "Made in China 2025", or the Asian Investment Bank in the diplomatic field, the "Belt and Road", many places have revealed the country's economic ambitions, in the arduous economic transformation and upgrading. In front of it also shows a huge responsibility.
The role of the state-owned country, the industry also has the role of the industry, neither blindly optimistic, nor blindly bearish, but to see huge opportunities from the transition of the times. For example, the recent development of green, energy-saving, open, and shared development concepts in the country coincides with the overall LED industry strategy, and supply-side reforms are also related to our LED industry.
Nowadays, the Chinese economy has changed from an inward-oriented economy to a now completely open-oriented export-oriented economy. The vision of LED industry development should also have a global perspective. With stock market fundraising and government funding support, Chinese companies have launched overseas M&A campaigns and targeted the international LED patent manufacturers and lighting brands, hoping to strengthen their patents and overseas sales channels through mergers and acquisitions. For example, the local tycoon Jinshajiang Venture Capital Fund became the major shareholder of Lumileds, a subsidiary of Royal Philips of the Netherlands, and dropped a blockbuster into the international semiconductor lighting industry.
Many LED manufacturers have also begun to strive for transformation, and through other means of mergers and acquisitions, in order to get rid of the low-cost competition in the Red Sea market. From the beginning of the year, Lia De 890 million acquisition of Jin Lixiang, Li Feng, to Fei Le audio, Guangyu, Sichuan Energy Investment Group and other state capital have entered, and even many companies that have never participated in capital have also joined the mergers and acquisitions through major financial platforms. Industry fission and integration surge.
Transformation needs change, low-cost LED bulbs will become the norm in the market, companies emphasize technological innovation, but still market and customer-oriented. As white LED prices continue to decline, niche markets such as UV LEDs, IR LEDs, small-pitch LED displays and wearable device applications will be the source of profit for manufacturers. Cross-border integration, "Internet +" to promote the transformation and upgrading of the industry, subdivision, professional will be the way for enterprises to survive and break through.
Agricultural lighting and intelligent lighting will become the new outlets of the industry, and “LED+Extension Service†will lead to an innovative business model. The PPP model is the content of the government's future push to buy services, lighting companies need to continue to innovate in products and services. The previous lighting product maintenance is a simple replacement of the light bulb, but the LED lighting system integrates the module, the power supply, the control system, etc., and requires professional team maintenance, which may lead to extended services in the engineering field.
Under the change, the speed of China's economic development may not be too fast in the next few years, but it will become very healthy, and the LED industry is the same. Although the number of LEDs continues to grow due to the demand for lighting, the increase in efficiency has led to a decrease in the number of LEDs used. The annual compound growth rate of the LED industry is unlikely to increase as the past 10% or more, and industry growth will slow down. Some manufacturers will continue to withdraw from the market, the price decline will slow down, but the entire industry will be more healthy and orderly.
Enterprises are the most basic unit in the industry economy, and the core competitiveness of any industry is composed of aggregating one enterprise. The LED enterprise group is the most respectable core element in industrial development. When the outside world sees achievements in wealth and fame, the quenching and precipitation of time is the most valuable asset they regard.
Regardless of the changes in the LED industry, or the grand changes in the country's political situation, the wheel of the times is rolling forward. In the fast and changing, between the fast-growing and the fast-moving, the rotating kaleidoscope has a firm and stable core, and they undergo time-hardening, still emitting a constant burning light: that is, our pursuit of ideals. .
2016, LED dreams on the road, let us continue to move forward!
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