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How to choose the right track to compete will be ?

April 10 2024

In order to improve energy efficiency, protect the environment and respond to global climate change, since 2010, countries have accelerated the elimination of high-energy incandescent lamps, while vigorously supporting the development of energy-saving and environmentally friendly LED energy-saving lighting products, with the improvement of LED lighting technology and the continuous decline in prices, the market size of LED lighting products to achieve rapid growth, penetration rate continues to increase.


At present, the global LED lighting industry has initially formed an industrial pattern centered on North America, Europe and Asia. 

The developed economies represented by the United States, Japan and Germany have advanced LED lighting equipment and a more complete industrial chain system, but are limited by high labor, logistics and supply chain costs have not formed scale effects; In the Asian emerging market countries, India, Vietnam, etc. as the representative of the late development of the LED lighting industry, although the country has a certain product manufacturing capacity, but its industrial chain is not perfect, 

and also faces the national political and economic situation is complex, social inefficiency and other problems, it is difficult to form competitiveness in the short term. But their potential competitiveness cannot be ignored either.


LED lighting products manufacturing in the middle of the industry, the upstream is mainly electronic components, structural parts and other raw material industry, 

downstream for channel providers, engineers and other customers and end consumer users.  How to choose the right track to compete will be the focus of the majority of manufacturers to consider the problem.


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