The future of the LED lighting market: demand growth and competition are fierce

In the successively released 2015 annual transcripts, due to the impact of the macro economy, many domestic lighting companies have experienced varying degrees of performance decline. Among them is Foshan Lighting, which has been focusing on LED lighting and has been in the middle of the past year. 1. In 2015, the global environment was restricted, and 20% of LED companies left. In fact, looking at the global economic situation in 2015, we can find that the whole year was still in the deep adjustment period after the international financial crisis, and the growth momentum was limited. According to the analysis of economic experts, in the foreign economy, although the US economy is slowly recovering, the major economies are unevenly heated, geopolitical risk factors occur from time to time, making the road to economic recovery still bumpy; in contrast to the domestic economy, The impact of many factors such as economic restructuring, insufficient demand and overcapacity is also facing the lack of investment growth, the downward trend of related industries, and difficulties in business operations. It is understood that in recent years, due to the gradual transition of the lighting industry to the era of LED lighting, the market has experienced explosive growth, attracting a large amount of capital in society, and the new suppliers have sprung up. However, by the end of last year, the growth rate of the industry has experienced a significant slowdown for the first time. Relevant statistics show that the total output value of China's LED industry in the year was 396.7 billion yuan (excluding China's Hong Kong, Macao and Taiwan regions), an increase of 15.1% year-on-year, and the growth rate was down 15.5 percentage points from 2014. Among them, the upstream chip output value is 13 billion yuan, the midstream package output value is 64.2 billion yuan, and the downstream application output value is 319.5 billion yuan. It is true that for many LED companies, 2015 is indeed a tormenting year. In this year, the demand for traditional lighting products market continued to decline rapidly. After the rapid development and replacement of LED lighting in recent years, the development speed slowed down, and the homogenization competition and price competition of industrial products further intensified. In fact, due to the fluctuation of exchange rate in the international market, China's LED lighting export growth rate has slowed down at the end of 2014. In 2015, due to the low global economic climate, China's LED lighting demand is weak, although in May-July Demand has risen, but oversupply and market competition in the first half of the year has led to a general decline in the price of the LED industry chain by 30-50%, and the price of international corporate products has also fallen by more than 20%. Some LED industry research institutes have said that due to the double impact of slowdown in demand and increased competition, it is expected that more than 20% of the total number of LED-related companies will withdraw from the market in the whole year. Although the real data is doubtful in the industry, but in 2015, due to the fierce competition such as price war and product homogenization, it can be seen that a large number of small and medium-sized LED enterprises have gradually withdrawn, causing some bankrupt enterprises to sell inventory at low prices. The market has created an impact and has created a vicious circle. This has led to the polarization of enterprises in the industry: the big ones will be Evergrande, and the small and medium-sized enterprises that are not at the juncture of life and death will have to leave.

We can supply big range of such stainless steel Casting Parts, including investment casting and Sand Casting

Sand Casting method (Sand Casting)

Using Sand as Mold material, according to the different components of Sand can be subdivided into wet Sand casting method of Green Sand Mold), surface Dry Sand casting method (Dry Sand Mold), and so on, but not all are available in the casting.

Advantage is lower cost, because the sand mold use reusable;

Lost wax Casting, Investment Casting

This method can be as the outer membrane casting method and the solid casting method.

To copy wax casting items required first, and then into the pool with ceramic and stay dry, make with wax replica is covered a layer of ceramic outer membrane, repeat steps until enough to support outer membrane casting process (about 1/4 inch to 1/8 inch), then the wax melting mould, and out of mold. Then mold need to high temperature for many times, enhance behind the hardness could be used in the casting.

This method has good accuracy, can be used as a high melting point metal, such as titanium casting.

B. Main particulars

MAIN PARTICULARS

Material for product

stainless steel(303, 304,316-)

Standard

ASTM, ASME, DIN, JIS, ISO, BS, API, EN

Certificate

ISO9001

Dimension

As per drawing, as large as we can

Processing

Step1:investment casting or sand casting

Step2:turning, milling, drilling, grinding, threading, CNC Machining, boring

Finishing surface

Machined surface with oil, blasting and painting, anodize, polishing, powder painting, electrophoretic coating-

Marking

as per clients` requirements

Inspection

material, construction, dimension, heat treatment, hardness, NDT

Quality

ISO9001, PPAP control production

Lead time

20-30 days for sample, consult with customer for mass production

Delivery

Express for sample, ocean shipping/air for mass production

Our Capabilities

CNC machining, CNC center machining, drilling, milling, turning, grinding, tapping, boring

Engineering & manufacturing services

R&D process, tooling and gauging design, product design

Integrated CAD/CAM system, test and measuring

Others

Recyclable, in line with environmental requirements and standards, and reliable


C. Construction

Construction by casting and machining


D Workmanship

The workmanship have good production practice. Care are taken to ensure High accuracy and smooth surfaces 

E. Certificates

- Material certificates

- Measuring reports

- Inspection protocol

- NDT reports

- Fixed certificate: ISO9001 certificate



Our service

Besides above the general specifications, we can also supply some specific machining parts as clients' requirements.


Package and shipping

Export cartons, pallets, wooden cases, Polybags

container package and container transportation

Stainless Steel Casting Parts

Stainless Steel Casting Parts,Oem Stainless Steel Casting Parts,Stainless Steel Sand Casting Parts,Stainless Steel Sand Casting Components

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