May 20, 2024

LED market competition will be more intense and prices will become more rational


CSA China (East China) LED Application Promotion Center announced in Shanghai recently that the footprint program of the center has established ten operational support platforms including channel construction, credit guarantee, warehousing logistics, e-commerce, etc., and with Chinese and foreign LED lighting companies, buyers, distributors and other companies have reached a comprehensive cooperation.
CSAPC's move is to integrate the power of LED lighting companies and seek opportunities for many LED companies in terms of channels and markets. As Dou Linping, secretary general of the China Lighting Society, said, in 2013, the development speed of China's LED lighting market was amazing, and it was the year of development and the year of construction for many LED lighting companies.
With the maturity of LED technology, the price is becoming more rational, and the acceptance of the terminal market is increasing day by day. The competition in the LED lighting market will intensify in 2014, but the market demand will also increase sharply. Dou Linping said that how to stabilize its pace in 2014 is especially important for lighting companies. In particular, today's channels are not limited to distribution channels and engineering channels, and now they have increased e-commerce channels. No channel means no way out, and the development of China's LED lighting companies still has a long way to go.

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