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Is The Diversification Of the Layout A Trap Or Opportunity For The LED Lighting Industry?
Dec 04, 2017

With the intensified competition in waterproof outdoor flood lights, LED product prices fell sharply, profit margins are extremely compressed. In order to enhance the continuous profitability, many companies have to develop market segments, and strive to get out of the woods; however, there are many LED companies into the LED industry with little contact with the field, trying to diversify the layout.

LED Airport Apron Flood Light .jpg

In recent years, more and more large LED enterprises through the acquisition, cooperation and other forms, layout "dual main" or even "multi-main industry." In fact, "dual main business" and even "multi-main business" go hand in hand. According to industry observers, some listed LED companies with strong growth performance have mostly maintained the dual-industry or even multi-industry strategy while maintaining the original market share of domestic and international LED products and actively explored new profit growth points.