At the end of 2019, the state began to rectify the problems of "achievement projects" and "face-saving projects" such as excessive "landscape lighting projects", which promoted the development of the urban lighting engineering industry in a benign direction. It also means that landscape lighting and other engineering projects are important for lighting design. , The quality requirements of lighting products and services will continue to improve. Therefore, as industry qualification barriers increase, industry concentration and giant effect will also increase, and the competitive landscape has quietly changed.
In the ranks of listed companies, there are many layouts of urban lighting engineering business. In addition to companies that focus on lighting engineering such as Mingjiahui and Haoersai, other manufacturers in the industry chain such as Wanrun Technology, Unilumin Technology and Leyard also Actively lay out the urban landscape lighting market, and competition is becoming increasingly fierce.
In order to occupy a certain market share in the urban lighting engineering industry with huge market capacity, Space-Time Technology, Roman shares, and Golden Oriental have sprinted to go public. The purpose is to increase financial strength, technical level and brand awareness by entering the capital market and enhancing financing capabilities. Relying on the advantages of scale and core competitiveness, and the leading enterprises "share the big cake."
From another perspective, changes in the industrial pattern will also promote the development and upgrading of urban landscape lighting, and the industry has a very broad prospect.
At the same time, the night tourism economy and the cultural tourism industry are increasingly emerging, the investment in new infrastructure such as wisdom, green and humanities, and the continuous deepening of the urbanization process will provide the source of development for the new and updated market of urban lighting projects. It is foreseeable that the development of the urban landscape lighting market has a bright future, which is already a major driving force for the sustainable development of the lighting industry. (Text: LEDinside Janice)
