Since entering 2016, a clear feeling is that the pace of globalization of domestic companies is accelerating. This spring's Frankfurt International Lighting Fair is the best proof that "China's strong lighting power" is becoming a new voice in the global market.
Relevant data predicts that in 2015, overseas investment by Chinese companies surpassed foreign investment in China for the first time and became an important watershed for the internationalization of Chinese enterprises. Driven by a series of trade and investment liberalization and facilitation measures by the Chinese government, future foreign investment will also explode.
Indeed, all walks of life are now arranging global markets, and domestic companies are entering the "new normal".
At present, major domestic LED giants are targeting overseas markets, which is in line with the law of industrial development, that is, extending from the Chinese domestic market to the global market. With the domestic LED industry pattern basically formed, the overseas market is an important profit growth point for Chinese LED companies in the future.
There is no doubt that 2017 will be a year of opportunity. The market share of Chinese companies is constantly squeezing Japan, South Korea and Europe, and the general lighting industry is in the process of increasing market concentration. At the same time, multiple market segments, including small pitch and smart lighting, are welcoming the outbreak.
At the same time, 2017 will also be a year of challenges. Reshuffle, integration, and capital will remain the main theme of the industry in the next three years. Focus, subdivision, and cross-border are the choices for LED companies and challenges.
In fact, it is a blessing to be a blessing to the stage of LED globalization, and I don’t know for the time being. Going out to find death, not going out and waiting to die? Are Chinese companies struggling to go global but are struggling? These are all people’s confusion.
On January 5-6, 2017, the 2016 Gaogong LED Annual Meeting and Golden Globe Awards Ceremony with the theme of “Looking for the Future of LED†will be held in Shenzhen. This annual meeting coincides with the 10th anniversary of high-yield production and research. celebration. At the closing ceremony of Mulinsen’s title “The Future of LEDsâ€, Ms. Lin’s Executive General Lin Jiliang will deliver a speech entitled “China’s Globalization and Globalization of Chinaâ€.
This conference will once again bring together domestic and foreign business leaders to analyze global industry opportunities and risks, comprehensively look forward to trends in technology, market, capital, and other aspects, and jointly solve the Chinese and global LED lighting industry in 2016-2018. The way to win.
The year 2016 has passed, and the LED industry has indeed experienced a truly extraordinary year. In particular, the horizontal and vertical deep integration represented by mergers and acquisitions in the current industrial chain is beginning to become the norm, and the integration speed is further accelerated.
Different from the past, under the new opportunities, the domestic and international environment faced by domestic enterprises is more complicated. Whether it is market development or capital operation, too many risks need to be avoided and dealt with.
Among them, an obvious feature is that Chinese companies participate in overseas projects with relatively few enterprises and products, and international projects are still difficult to enter. China's product positioning is still cheap, and it still stays in the circulation market and the role of foundry, for Chinese brands to go global. There is still a long way.
All in all, the international influence of China's LED industry is being further strengthened, and the market space of traditional LED forces such as Japan, South Korea, Taiwan, Europe and the United States is gradually being reduced. Next, the merger between domestic LED companies and such international brands is expected to become more and more popular. Intense, LED lighting channel pattern will also be initially formed. It is expected that the LED penetration rate will be close to 90% by 2018, and the LED industry chain structure will be basically settled.
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