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In the next 3-5 years, traditional lighting will be completely reshuffled, and LED will develop towards intelligence or IT.

The pace of LED market development is unstoppable. In my opinion, traditional lighting will be completely reshuffled in the next 3-5 years, said Chen Nan, general manager of the Engineering Management Division of Huizhou NVC Optoelectronics Technology Co., Ltd.
First of all, from a product perspective, a few years ago, LED lighting products were expensive and unaffordable for ordinary consumers. Now, LED prices have fallen rapidly, and have penetrated into various fields such as outdoor and indoor at an unexpected speed. At the same time, this rapid process has also produced phenomena such as uneven quality and chaotic market. Different from traditional lighting products, LED products cannot be viewed as pure lighting brands. Their light sources are classified as semiconductors, which intersect with electrical technology and application technology. At the same time, the structure, heat dissipation and energy waste reduction of lamps also have technical and application experience requirements. Therefore, product reshuffle is also the ultimate trend in the development of LED technology, and the development of rough products will eventually end. With the investment in R&D by enterprises, once mature LED products are launched, price landing and product reshuffling will also be a matter of course.
From the perspective of industry development, in the past, people and capital from all walks of life rushed into the LED lighting market, regardless of whether they understood this industry or not. I believe lighting colleagues have deep feelings that the development of LED is not limited to the needs of the lighting industry, but will continue to develop in the direction of intelligence or IT. Therefore, the living space of small businesses that in the past could only do assembly work in ancient towns will further shrink. Only when traditional lighting companies have abundant funds and invest in product research and development and integrate the company's own specificity, cultural concepts and channels can they achieve sustainable development in the future, and this is the ultimate direction of industry reshuffle.
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