According to data from the High-Tech LED Industry Research Institute (GLII), China's LED lighting exports in 2013 exceeded US$5.4 billion. In the first quarter of 2014, China's LED lighting exports reached 1.376 billion US dollars, an increase of 63.7%. In April 2014, China's LED lighting exports reached US$867 million, a record high.
“In 2014, China’s LED lighting exports will exceed US$8 billion, up 48% year-on-year.†Dr. Zhang Xiaofei, President of Gaogong LED Industry Research Institute, in an interview with China Business News, expects that LED lighting sources and lamps will be exported in 2014. It reached 1.85 billion, an increase of 71.3%, and the market size increased by 48%, which means that "prices continue to decline."
In the face of the outbreak of LED lighting market, how to build a healthy LED industry ecological environment is particularly urgent.
According to GLII statistics, in overseas markets, China's LED lighting products recalled more than 70 brands, including 44 unknown brands, most of which are related to electromagnetic compatibility. Zhang Xiaofei called for China's LED lighting industry to be self-disciplined, to avoid damaging the overall image of Chinese brands and affecting overseas LED lighting orders.
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