Zhao fei, secretary general of the association, presents 10 views on the status and trends of shenzhen's LED industry at the annual meeting of shenzhen lighting and display engineering industry association in shenzhen, jan 12, 2017.

Zhao fei, secretary general of shenzhen lighting and display engineering industry association

1. The national LED output value in 2016 was 521.6 billion yuan, an increase of 22. 8%. The preliminary statistics of LED production value in shenzhen exceeded 170 billion yuan, and it continued to rank first in the country.

2. Shenzhen LED a-share listed companies have good performance, new third board listed companies are highly active, and the average growth rate of listed companies is over 30%.

3. The landscape lighting industry emerged. Shenzhen lighting engineering enterprise and landscape lighting product company won the bid for a number of major projects in China, and the PPP project started construction.

4. LED market segmentation companies have formed certain competitive barriers, and products such as special lighting, track lighting, medical lighting, and creative display have gained a higher market premium.

5. Listed companies in LED packaging industry are strong in Evergrande, and large-scale intensification has become the mainstream trend. Non-listed companies have formed two major camps: white light and RGB packaging.

6. Overall weakness of the export market, LED lighting exports declined for the first time, and it is expected that the downward pressure on exports will continue in 2017.

7. The merger and integration of LED industry intensifies, and the listed companies are in the sectors of cross-border sports, media, advertising, e-commerce and education.

8. The technological innovation capacity of enterprises has been continuously improved. Many enterprises undertake the scientific and technological innovation projects of provinces and cities, and actively pay attention to new applications such as laser lighting, deep uv, CSP and intelligent lighting.

9. LED prices rose due to upstream chip manufacturers and raw materials. But on the whole, price rise momentum is insufficient, price war urgently needs to transition to value war. Some businesses are expected to close or transform in 2017, but there won't be a wave of closures.

10. The outward migration of enterprises shows an accelerated trend, and the new third board enterprises have been purchasing production bases around shenzhen to build a headquarters base in shenzhen.