LED industry development trend in 2020

2020-07-17 18:30:18

In 2020, with the worsening of the epidemic and the market impact of the epidemic on major industries, the world is facing a major industry reshuffle state.


As the world's most important production base of LED lighting products in China, production has accounted for more than 80% of the total global output. China's LED lighting industry has been developing for several years, and there are a large number of manufacturers, but those with brand and channel advantages are the main market force.

The advancement of LED technology and the integration of industry reshuffle in recent years have made the LED industry enter a new generation of products and diversified development. stage. Enterprises that are stagnant will not survive, while those that focus on research and development of new products and technologies and on improving product quality will gradually grow. The Yuxinfeng Group is moving in this direction with its corporate vision of 'becoming a respected world-class leader in the industry'. The Yuxinfeng Group is heading in this direction with the corporate vision of 'becoming a respected, world-class leader in the industry'.

The year 2020 is the most difficult year for the survival and development of the enterprise, but in order to meet the market demand, under the leadership of Group Chairman Pan Yuli, our research and development team is still making unremitting efforts to develop new products to promote the market after continuous exploration and experimentation.

I. Foldable LED plant lighting, it has been swept away with a dazzling aura. At present, global lighting companies are accelerating the layout of plant lighting field, a no smoke competition is quietly going on.

LED automotive lighting, as a leading technology in the field of car lights, LED lighting


technology, with its strong technological advantages, has become the most popular lighting technology in the world. The important trend of the future development of car lights. All the major LED manufacturers have been exploring the new blue ocean market, see the broad development prospects of LED automotive lighting, speed up the layout of the LED for cars.


LED disinfection germicidal multifunctional lamp, with the Internet of things, the next generation of the Internet, cloud computing and other new generation of information technology widely used LED germicidal disinfection has become an inevitable trend, and has been gradually realized in a variety of practices, LED germicidal lamps have been LED Widespread interest from enterprises.

By 2020, the global LED lighting market is expected to reach $13.427 billion. But China's LED lighting market is still in its infancy, the industry is in disorder, the standard is not yet perfect, and the business model is still exploring. At that time, the industry to be able to develop healthily needs to first overcome these difficulties.

And we, Yufing Group, are constantly groping and development and expansion.

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