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China's lighting industry started from the early 1980s. After 30 years of rapid, stable and sustained development, it has grown from a small industry with an initial production value of less than 10 billion yuan to a total annual production value of 350 billion yuan in 2011. industry. In the meantime, even with the cyclical adjustment of the Chinese economy, the Chinese lighting industry has basically maintained a double-digit growth momentum.
Recently, Dou Linping, secretary-general of the China Lighting Society, analyzed the changes in the pattern of China's lighting industry at the semiconductor lighting market summit forum. He said that in the process of industrial development in the past, there have been three significant changes in the lighting industry pattern caused by changes in the external environment. Every change in the industrial pattern has affected the living conditions of lighting enterprises. At present, due to the development of LED lighting, China's lighting industry once again faces a critical period of significant changes in the industrial structure.
The changes in the pattern of three lighting industries have led to the development of private enterprises. Lighting enterprises, especially the lighting industry, have the characteristics of low investment, quick effect, and strong product personalization. In the mid-1980s, when China changed from a planned economy to a market economy, it attracted a large amount of private capital into the lighting industry in a short period of time. The number of companies has increased rapidly. In this process, the state-owned lighting enterprises that led the lighting industry gradually withdrew. In the late 1990s, China's lighting industry was mainly dominated by private enterprises, and state-owned enterprises were few left.
Increased market competition has led to corporate integration. The rapid increase in the number of enterprises has intensified competition in the market. In order to ensure the competitiveness of the market, enterprises have increased investment, expanded the scale of enterprises, integrated upstream and downstream resources, and strived to minimize production costs. For example, the light source enterprises use mechanization to expand production capacity, and the lighting companies integrate the ballast industry. During this period, many light source companies and ballast manufacturers closed, stopped, and transferred.
Changes in end market demand have changed the market position of light source companies and lighting companies. The improvement of living standards has changed consumers' demand for lighting products. Consumers' understanding of brands has changed, which has led to changes in the market position of lighting companies, and further promoted the integration of upstream and downstream resources of the lighting industry. Many light source companies have developed downstream and started to produce lamps. The lighting companies have developed upwards and are involved in light source production. The debate over chicken and eggs in the field of lighting in the early 1980s ended in vain.