LED Lighting Market Status Analysis in 2013

In 2012, it was a year of excessive investment in China's LED lighting market. Due to the restrictions of the domestic real estate market, a large amount of funds entered the LED lighting industry, causing disorder in the industry, overcapacity, and chaotic quality. The price of LED lamps was falling day by day. Consumer trust is reduced. The reshuffle of the LED industry is also quietly underway, first the reshuffle caused by the market itself:

Bankruptcy of large LED Lamp manufacturers

China's largest Sino-foreign joint venture LED chip project Foshan Xu Ruirui announced the suspension of production, Shenzhen Vision Optoelectronics Co., Ltd. owner ran, Haobo photoelectric bankruptcy, and Ningbo Andy Optoelectronics also filed for bankruptcy.

Customer's dismissal of bad LED products and enter judicial proceedings

The industry’s most influential is Lehman Optoelectronics’ defective products, which have been confirmed by third-party testing organizations.

The country regulates LED lighting products

The European Union has specified the minimum energy performance, functionality and information requirements for LED lamps and related equipment, and will incorporate these requirements into CE's mandatory certification requirements in 2013. The U.S. government initiated the National Semiconductor Lighting Research Program, the Next Generation Lighting Project (NGLI). China officially issued the "Technical Requirements for Energy-Saving Evaluation of Semiconductor Lighting Applications".

It can be seen that the LED lamp market is slowly developing in a new direction. Low-end products without quality assurance will slowly move away from the market. The brand and quality of LED lamps will become the focus of various LED lamp manufacturers in 2013. LED manufacturers will need to strengthen the quality and brand awareness of LED lamps in order to better capture market share. St. Ness LED Lighting has launched a series of LED indoor lighting, such as LED ceiling lights, LED panel lights, LED bulbs Lamps, LED downlights, etc., are committed to technological innovation and strengthening, and improve the good after-sales service system in order to meet the needs of customers.