More and more traditional lighting companies in Zhejiang will begin to enter the LED industry, and business transformation will become a trend. In 2011, Zhejiang LED accounted for less than 5% of the entire lighting industry, and has increased to 15% last year.
In June of this year, the theme of the industry annual conference 'Transformation of traditional lighting enterprises and speed up production of LED lighting', 2012 is the starting year of Zhejiang LED industry, this year will be a year of rapid development.
The relevant person in charge of Yuzhong Gaohong, the largest energy-saving lamp manufacturer in Hangzhou, said that since last year, the company has started to develop LED-related products. The first batch of finished products will be available in May and June this year; Sunlight is currently the largest energy-saving lamp in Asia. Manufacturers, the domestic market share of energy-saving lamps is 15%. In the face of the hot development of the LED lighting industry, the company is also trying to transform. Last year, the sales of LED products reached 700 million yuan, a year-on-year increase of 7 times; the transformation of Hongyan electrical LED industry has also made a breakthrough, last year's sales growth rate reached about 5 times.
Weng Maoyuan said that there are currently more than 500 lighting enterprises above designated size in Zhejiang, and 20% have already entered the LED industry. Last year, the LED lighting industry achieved sales revenue of nearly 10 billion yuan. It is expected that by the end of the 12th Five-Year Plan, the province's LED output value will increase to 40 billion. Yuan, accounting for about 40% of the entire lighting industry market share.
In June of this year, the theme of the industry annual conference 'Transformation of traditional lighting enterprises and speed up production of LED lighting', 2012 is the starting year of Zhejiang LED industry, this year will be a year of rapid development.
The relevant person in charge of Yuzhong Gaohong, the largest energy-saving lamp manufacturer in Hangzhou, said that since last year, the company has started to develop LED-related products. The first batch of finished products will be available in May and June this year; Sunlight is currently the largest energy-saving lamp in Asia. Manufacturers, the domestic market share of energy-saving lamps is 15%. In the face of the hot development of the LED lighting industry, the company is also trying to transform. Last year, the sales of LED products reached 700 million yuan, a year-on-year increase of 7 times; the transformation of Hongyan electrical LED industry has also made a breakthrough, last year's sales growth rate reached about 5 times.
Weng Maoyuan said that there are currently more than 500 lighting enterprises above designated size in Zhejiang, and 20% have already entered the LED industry. Last year, the LED lighting industry achieved sales revenue of nearly 10 billion yuan. It is expected that by the end of the 12th Five-Year Plan, the province's LED output value will increase to 40 billion. Yuan, accounting for about 40% of the entire lighting industry market share.

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