The market status of China's street lamp industry.
China's street lighting industry is in a stage of rapid development, and the market size has grown dramatically in the past few years. According to the number published by the countryMarket Research ** NetworkReleased2023-2029 China LED solar street light industry market status research and future development trend ** reportAnalysis, in 2017, the output value of China's street lamp industry reached 735200 million yuan, reaching 843 in 2018700 million yuan, reaching 908 in 2019300 million yuan, reaching 977 in 2020800 million yuan, and it is expected to reach 1050 in 2021200 million yuan, and it is expected to reach 1132 in 2022200 million yuan, and it is expected to reach 1222 in 2023100 million yuan.
From the perspective of industry structure, China's street lamp industry is mainly composed of three parts: lamps, electronic components, and lamp poles, of which lamps and lanterns account for the largest proportion, and the national lamp output value reached 661 in 2019300 million yuan, accounting for 72% of the total output value of the industry3%;Electronic components account for about 183%, calculated in terms of the output value of electronic components, the output value of electronic components in China reached 166 in 2019300 million yuan;The proportion of light poles is about 94%, calculated by the output value of light poles, the national output value of light poles in 2019 reached 80700 million yuan.
Competitive landscape. From the perspective of the competition pattern of China's street lamp industry, the industry is still in a relatively fragmented state, with a large number of enterprises, but mainly small and medium-sized enterprises. According to the main products, technical characteristics and market share, China's street lamp industry can be divided into three categories: lamps, electronic components and light poles.
Lighting enterprises are mainly Tesla, Like, Swissp, Gree, Aosong, L&D, etc., and the main competitors in the market segment are mainly technological innovation, which has strongly promoted the development of the street lamp industry.
Electronic component companies are mainly Platt (PLAT), Guoxin (GX), Shenzhen Huaxing (SZHX), Rockchip (Rockchip), Yike (EK), DJI (DJI) and other enterprises, and its China Chip (GX) and Rockchip (Rockchip) are industry leaders, the main form of competition is product technology innovation, grasp the core technology of the industry, and promote the development of the industry.
Light pole enterprises to Oppai (OPPO), Changhong (Changhong), Jinke (Jinke), Delta (Taida), China Resources (Huarun), Huatai (Huatai) and other enterprises, the main form of competition is the research and development of new products, Oppai (OPPO) is the industry leader, has a significant advantage in technological innovation, to promote the development of the industry.
According to China's street lamp industry as a whole, it is in a positive stage of development, the industry structure is also changing, and the competition pattern is also changing, but it is still dominated by small and medium-sized enterprises.