Some 'criticisms' in the LED street light industry

Some 'criticisms' in the LED street light industry

Thanks to the rising tide of street lamp replacement, the LED street lamp market has ushered in a new growth urge. With the growth and application of technology in recent years, masters have gradually accepted and recognized LED street lighting products. According to inquiries, the utilization rate of LED street lamps in new road projects in many provinces exceeds 90%. Although the LED street lamp market is growing rapidly and the use is becoming more and more popular, there are still some 'criticisms.' For example, many LED street lamp manufacturers generally believe that the LED street lamp market has been 'smashed' by masters, and the product quality is uneven, and there is no uniform standard, which leads to chaos in the overall outdoor LED street lamp market. On the one hand, LED street lamp technology has low barriers to entry, and fierce competition has led to some unscrupulous merchants fighting a price war. On the other hand, LED street lamp market dividends are gradually disappearing, but some manufacturers have not updated and improved market changes and product demand changes in time, and have not followed up in cost control, resulting in divergent products and market chaos. The quality of the product cannot keep up with the market demand, etc., which is also an important factor that causes the market to be 'rotten'.