LED lighting industry overheating outweighs disadvantages

At the 18th Guangzhou International Lighting Fair held recently, Mitsuo Aurora was one of the exhibitors. Its on-site person in charge interviewed many media such as Sohu, NetEase and Tencent.

The responsible person stated that the current LED lighting industry is indeed very hot, and now companies entering the LED lighting market are not only some of the brands that traditionally do traditional lighting, such as home appliance companies, light source companies, circuit companies, and even upstream chip companies are constantly entering the LED lighting market. LED lighting can be said to be an industry revolution in the lighting industry. Many companies hope to take advantage of the opportunity of the LED industry revolution to enter this industry, because the market share and prospects of this industry are very attractive, which also led to the overheated development of the industry.

However, the overheated development of the LED lighting industry has advantages and disadvantages from the perspective of the industry. However, one thing is certain is that profits definitely outweigh the disadvantages, because sufficient competition will promote industrial technology upgrading and industrial upgrading. Shorten the time for the entire industry to reshuffle. On the other hand, from the consumer's point of view, more companies enter the competition, and the quality of LED lighting products will certainly be improved, and the price will continue to decline under the influence of competition.