LED lighting industry has been in a Golden Era in recent years as the global lighting companies have poured in the ranks of LED lighting to seek a good fortune. However, opportunities always coexist with challenges: The competition of LED lighting industry is increasingly fierce, and most companies are at a loss when it comes to price competition. Some overseas clients hope to enter the high-end market to get better profits, but failed in the end due to the weakness of brand influence. One trader from South America is facing with the dilemma. At the 2017 Spring Canton ...

AB Fagerhult, the largest lighting company in the Nordic countries has signed a Letter of Intent (LOI) with the shareholders of iGuzzini, an Italian lighting group, to acquire 100 percent of the shares of iGuzzini.

The compound annual growth rate (CAGR) for the global chip-on-board (COB) LED market will be just over 40 percent through 2018, according to analyst firm Research and Markets. Dow Corning, a global leader in silicones, silicon-based technology and innovation, expects the continued expansion of enabling materials technologies, such as moldable optical silicones, to help fuel growth in COB packaging and other innovations along the entire LED lighting value chain.

The LED lighting industry is transforming. As LED lighting develops, new technology, applications, and models will drive a revolution in the production process of the industry. Industry insiders have weighed in on the future of the industry at the New LED Technology Conference held by the Shenzhen Light Emitting Diode Industry Association. With more new chip scale packaging (CSP) technology springing up, industry insiders believe that the industry chain consolidation process will accelerate. 

The LED industry has been engulfed in a wave of M&A as it moves into the lighting era. The past few years have been an intense restructuring period for Taiwanese LED chip manufacturers, said Chein Fen-ren, Chairman of FOREPI. The M&A wave has recently hit Chinese LED manufacturers and Chein estimates that within two to three years, Chinese manufacturers will be whittled down from the current 20-30 to only five. 

Rise in lighting demands are driving up global LED market sales. Philips Electronics (Thailand) anticipate substantial growth in sales for the lighting sector this year.