2015 China‘s LED industry reached 500 billion yuan, LED Street Light facing great opportunities. China Private Technology Association after research found that China‘s LED industry still faces many difficulties, and even has been formed to continue the shackles restricting industrial development. Product price is too high to promote the struggling national commercial applications has been launched in the last year, "Ten thousand ten cities" LED energy-saving program, currently has 42 villages included in the program. However, in addition to decorative LED Lighting has gradually spread Outsider, since the vast majority of LED general lighting applications is also limited government demonstration project. Marketing is difficult mainly due to the high price of LED lighting products. Since the chip LED products accounted for 30% of the interest in even higher, and our lighting-class LED chip mainly rely on imports of high-end, price is more noble, causing prices equal illumination brightness LED lighting products remains high, compared to the average consumer does not big attraction.
Competitive product homogeneity lack of leading enterprises and the leading brand in China LED industry enterprises large number overall has made great progress, but generally small scale enterprises, the lack of leading enterprises. With most LED manufacturers to product development and pre-production and post primary module and solution providers, LED lowering barriers to entry, intense market competition. Currently there are 1950 LED packaging companies, while the number of new kinds of LED application products company launched lack 530; led street light beyond 300 companies, products basically in another plagiarism imitation stage. Homogenization of competition caused by the price war waged, the lack of a benchmark brand, firm size is difficult to grow, the industry lacks credibility. Cultivate leading enterprises, accelerate the construction of independent brands is imminent. Industrial investment overheating blind repetitive construction Expo, the Asian Games, Ten thousand ten cities‘ policy forward, surge LED market demand. Multiple cities in the LED industry as a pillar industry, the domestic LED market outlook, merger integration investments abroad upstream and downstream enterprises to accelerate the process, radical lighting companies, the state capital, private capital, also have entered, appears industrial investment boom. these trips MOCVD epitaxial wafer production of key equipment, for example, in 2010 the factory unit up to 300 units of imported equipment, the next three China plans to import years beyond 1000, more than 10 times in 2008 without the scientific decision-making and rational planning the layout of the LED industry, the introduction of large-scale centralized key MOCVD equipment, production capacity could lead to outbreaks of low-end chip, the LED industry repeat of 20,082,009 polysilicon investment boom failed in the past.
Government policies to support the status quo and industrial development is not complete LED industry is one of the countries focus on fostering the development of strategic emerging industries, countries and provinces and cities to support capital investment in technology research and demonstration projects to increase from time to time, the introduction of a large number of industrial policy, and through the application of engineering pilot, guide and support the promotion of the use of led street light. This series of initiatives to promote technological progress and effective national LED industry. But over the next five years will be crucial LED from R & D and demonstration phase to the fully market-oriented stage of transition, as industrial policy, to meet the need for more industrial development and current status of the system and the level of consumption tax from the purchase subsidies, government procurement as well as aspects of government funding and preferential loans and other R & D level of refinement.