The three changes of the lighting industry

12/05/2012 15:26

 China's lighting industry starting from the early 1980s, after 30 years of rapid, stable and sustainable development, by the initial GDP of less than ten billion yuan of small industries, the development of large to mid-2011 the GDP reached 350 billion yuan industries. During this period, even if the Chinese economy is cyclical adjustment, the Chinese lighting industry has been largely maintained a double-digit growth momentum of development.

The industry said, lead to a significant change of the pattern of the lighting industry due to changes in the external environment in the process of industrial development in the past, three times, and each time, the industrial pattern of changes affect the survival status of the lighting business. Due to the development of LED lighting, the lighting industry in China is once again facing a period of significant change in the key industrial pattern. 

The market-oriented spawned the development of private enterprises. Lighting enterprises, especially the lighting industry with less investment, quick, personalized features, and in China in the mid-1980s of the last century, the transition from a planned economy to a market economy, a very short period of time to attract a large number of private capital into the lighting industry, The rapid increase in the number of firms. In this process, the state-owned lighting companies dominate the lighting industry before gradually withdrawing from the late 1990s, the Chinese lighting industry basically mainly in private enterprises, state-owned enterprises depleted.

 Intensified market competition lead to enterprise integration. The rapid increase of the number of firms intensified market competition, enterprises in order to ensure the competitiveness of the market, increased investment to expand the enterprise scale, integration, and downstream resources, and strive to minimize production costs. As the light source enterprises to adopt mechanization to expand production capacity, lamp ballast industry enterprise integration. During this period, many light companies and ballast production enterprises off, stop and turn.

Changes in end-market demand to change the market position of the light source enterprises and lighting business. Improvement of living standards changed consumer demand for lighting products, consumer understanding of the brand has changed, causing a change in the status of the lighting enterprise market, and further promote the lighting industry on the integration of the upstream and downstream resources. Many light source enterprises downstream development, began producing lamps and lighting companies to move upwards, involved in light manufacturing. many energy save light like t8 led tube, led panel light, led downlight. Controversy die a natural death the lighting field "chicken and egg" in the early 1980s.

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