The output value of China's lighting industry has broken 100 billion to become the backbone of Chinese manufacturing

With the rapid development of China's economy, the lighting industry has also undergone rapid changes. In particular, the development of the real estate industry, the growing demand of domestic consumer decoration, including some commercial decoration, has driven the development of the lighting industry. At present, China has become the world’s largest producer and exporter of lighting appliances. The output value of the lighting industry has exceeded 100 billion yuan and exports 10 billion US dollars, accounting for 18% of the global market share. The lighting industry seems to have become another major backbone of Chinese manufacturing.

But to really go out of the country and compete with foreign lighting companies, China's lighting industry must have a real self-advantage to counter it. The lighting products we are talking about are mainly composed of light source, electricity, and lighting. The lighting products must also be weighed against the development of the lighting, lighting, electrical, and lighting. From this point of view, Chinese lighting companies need to work hard. There are many places, not only to do a good job of lighting design, but also to grasp the electric light source and electrical technology.

In the development of LED lighting products, in addition to China's own manufacturing advantages, China's lighting industry in the LED packaging technology has a very high added value to enhance competitiveness in the future if lighting companies can have a strong packaging capabilities, but also With power technology, the competitiveness of the product will be greatly enhanced.

According to estimates by industry insiders, the market share of China's lighting industry will continue to grow at an annual rate of 20%-30%. The lighting industry also represents a trend of China's economic growth over the past decade. Many lighting products have relatively simple processes and are not very high-tech. They rely on raw materials, low labor costs, or even sacrificing the environment for production and manufacturing.