The turning point of the LED industry has arrived

Although the LED industry's exports showed explosive growth in the second half of the year, many companies did not escape the depression in the first half of the year. As the LED industry fluctuates, the phenomenon of secondary differentiation becomes more prominent. Industry insiders believe that the domestic LED industry is about to enter a mature period, and the trend of industry intensive integration has clearly become a new trend. In this case, what investment opportunities or risks will the industry usher in?

The turning point of the LED industry has arrived

In recent years, due to the comprehensive factors of the macroeconomic situation and the industry's own development cycle, the growth rate of China's lighting industry has continued to narrow, and it has entered a period of steady development from the previous period of rapid development. In addition, in 2020, the global outbreak of the new crown pneumonia epidemic has greatly restrained the production, supply chain, capital chain, and demand side of the entire lighting industry.

Industry insiders believe that after the entire LED industry has experienced two years of adjustment in 2018 and 2019, there has been a situation where the strong will remain strong and the weak will remain weak, and the epidemic has accelerated the reshuffle of the industry.

Lei Bo, general manager of Shenzhen Guanke Technology Co., Ltd.: The overall surplus of this industry must be rigid, but in fact, after the baptism of the past few years, I think that many small companies may become smaller and smaller, or in the end, there is no voice, but large Businesses may get bigger and bigger.

Li Guanqun, Secretary of the Board of Directors of Mulinsen Co., Ltd.: If it were not for the impact of the epidemic, it would have occurred at the beginning of this year. However, due to the impact of the epidemic, it was delayed for about three quarters, that is, it started at the end of the third quarter. It is the turning point of the entire LED industry.

About ENELTEC

ENELTEC care so much about the brand enfluences and also the satisfactory experience of our customers. So we always put alot of efforts on the products quality and after sales service. We emphasis on applying for the necessary certificates for our target market , controlling every step of the productions , testing before delivery and tracking each order after delivery.
LED Lights
LED Lights
ENELTEC LED Lights

LED Project Pictures