LED Lighting IndustryCompetitive Landscape and Challenges

1. Performance of Leading Enterprises

Enterprises such as Unilumin Technology and Leyard are addressing the industry's "price competition" through technological innovation (such as COB packaging) and overseas market expansion (Unilumin's overseas revenue accounts for 61.45%).

International manufacturers like Acuity Brands in the United States still hold a share of the high-end market.

2. Industry Risks

Technical Risks: Micro LED has high R&D investment and great difficulty in mass production.

Market Risks: Overcapacity and geopolitical factors (such as trade protectionism) affect exports.

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