The total LED market will continue to grow in 2017

In 2016, the LED lighting market is more mature than before. Most customers are no longer price-oriented when choosing products. On the contrary, high-quality products and services are favored by customers, and the consumption upgrade phenomenon is very obvious. Affected by changes in the market environment, many manufacturers are constantly adjusting their own market strategies, and the phenomenon of low-price competition in the market has been significantly reduced. In 2016, the LED lighting market is more mature than before. Most customers are no longer price-oriented when choosing products. On the contrary, high-quality products and services are favored by customers, and the consumption upgrade phenomenon is very obvious. Affected by changes in the market environment, many manufacturers are constantly adjusting their own market strategies, and the phenomenon of low-price competition in the market has been significantly reduced. At the same time, the pattern of the lighting industry segmentation market is also slowly changing. Many companies have begun to bid farewell to the broad and general market direction, focusing market development on their own advantages, and thus constantly spawning a professional new brand. In many market segments, unofficial brand rankings have emerged. As the market segments continue to expand and expand, the lighting market is increasingly developing healthily. Through the continuous efforts of lighting companies and industry media, the concept of LED green lighting has been deeply rooted in people's minds. The acceptance of LEDs by users in second- and third-tier cities in the Mainland is close to that of first-tier cities. Therefore, it is also owned by municipal, factory, commercial lighting and other fields. Large market development potential. In 2017, I believe that the total LED market will continue to grow. Consumption upgrade has become an irreversible trend. In 2017, low-price competition will continue to exist, but its influence will continue to decrease. Cost-effective products and professional quality services will occupy a larger proportion in the competitive factors. Lighting companies with certain strength and professional service capabilities will seize more resources and opportunities.

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