Views: 0 Author: Site Editor Publish Time: 2025-11-27 Origin: Site
The concentrated appearance of 20 LED companies in the seventh batch of specialized, refined, and new "little giant" enterprises in Shenzhen and the list approved for review in 2025 is not an accidental event. The rise of this group is a microcosm of the transformation of China's lighting industry from scale expansion to quality and efficiency, reflecting the deep logic of industrial structural change and marking a clear path for high-quality development of the industry.
1.Industry background: Opportunities and challenges amid structural transformation
The current lighting industry in China is in a dual driving period of technological iteration and demand upgrading, and the industrial form is undergoing fundamental changes. But behind the growth in scale, the industry is facing three core changes:
In terms of market structure, the growth rate of traditional general lighting has slowed down, and the segmented tracks are showing a trend of differentiation. Home lighting has maintained growth driven by the increasing penetration rate of smart homes, while commercial and industrial lighting have achieved rapid development due to downstream demand upgrades. At the same time, emerging fields such as intelligent lighting and healthy lighting have become growth engines, and the industry is showing a clear trend towards diversification and high added value.
On the technical level, the industry is undergoing a leap from "light source replacement" to "technological revolution". Gallium nitride chips drive continuous improvement in LED light efficiency, UWB precise positioning and AI algorithms achieve intelligent scene adaptation, and Mini/Micro LED technology has become a competitive focus. But technological iteration also brings challenges, with increased pressure for equipment updates and upgrades, and core process bottlenecks still need to be overcome.
In terms of policies and external environment, the upgrading of energy efficiency standards under the "dual carbon" goal accelerates the elimination of traditional products, while international trade frictions and fluctuations in raw material prices create uncertainty in industry operations. In this context, "specialized, refined, unique, and innovative" enterprises that deeply cultivate niche fields and master core technologies have gradually become the backbone of resisting industry risks.
2.Corporate Profile: Technology Practitioners in Segmented Fields
The 20 LED companies selected this time precisely fit the development direction of "high-end, intelligent, and specialized" in the lighting industry, and their business layout and technological advantages have formed a comprehensive coverage of key links in the industry chain.
From the distribution of the industrial chain, enterprises exhibit the characteristic of "breakthrough across the entire chain". In the upstream field, companies such as Shenzhen Baoli Microelectronics and Hemei Jingyi Semiconductor focus on chip and packaging technology, forming synergies with leading enterprises to help accumulate domestic LED core technology patents; In the midstream manufacturing process, companies such as Shenzhen Jiexin Innovative Materials and Harbin Shenzhen Intelligent Materials focus on new packaging materials and devices, solving the pain points of insufficient heat dissipation and reliability of traditional products; On the downstream application side, Guangfeng Technology's technological accumulation in the field of laser display lighting and Thunderbird's innovation in AR display layout have precisely entered the cross track of intelligent lighting and emerging displays.
The direction of technological breakthroughs is highly focused on the forefront of the industry. In the field of intelligent lighting, enterprises generally integrate functions such as voice control and scene linkage to meet the demand of the intelligent market; In the field of health lighting, some companies have developed full spectrum and blue light suppression products targeting the gap in segmented markets; The industrial application of Mini/Micro LED backlight technology further promotes enterprises to seize opportunities in high-end commercial displays, car displays and other fields, echoing the industrial positioning of South China as the core cluster area of this technology.
It is worth noting that 14 member units of the Shenzhen Lighting and Display Engineering Industry Association were selected and 11 passed the review, which confirms the role of industrial clusters in promoting the cultivation of "specialization, refinement, uniqueness, and novelty". As the core of the LED industry cluster in the Pearl River Delta, Shenzhen, with its complete industrial chain supporting advantages, provides enterprises with a good ecosystem of technological collaboration and supply chain support.
3.Industry Insights: The 'Little Giant' Effect Leads Industrial Upgrading
The selection of 20 LED companies is not only a proof of individual strength, but also provides a reference development paradigm for the transformation of the lighting industry. Its demonstration effect is reflected in three dimensions:
Segmented markets are the key to breaking through for small and medium-sized enterprises. In the pattern where top enterprises occupy a certain market share, selected companies have avoided homogeneous price wars and achieved a "small but strong" development path by focusing on sub sectors such as "industrial explosion-proof lighting", "AR display modules", and "medical special light sources". This "segmented field champion" model has become an effective strategy for the industry to diversify risks and improve profit margins.
Technological innovation is the core ability to transcend cycles. Faced with fluctuations in raw materials and pressure from technological iteration, selected companies generally maintain high-intensity R&D investment, which is consistent with the industry's trend of technological innovation. This technology centered competitiveness enables it to meet domestic energy efficiency upgrade requirements and break through certification barriers such as overseas DLC and ENERGY STAR, laying the foundation for expanding into international markets.
Ecological synergy accelerates the reconstruction of industrial value. The linkage between enterprises and industry associations, as well as the collaboration between upstream and downstream of the industry chain, are driving the transformation of the lighting industry from a single product manufacturing to a "light environment service provider". The rapid development of integrated application fields such as smart street lights indicates that the competition in the future industry will be a comprehensive competition of "technology+scenario+service", and "little giant" enterprises are becoming important participants in this ecological construction.
4.Future prospects: a new industrial landscape driven by technology
With the deepening of the "dual carbon" policy and the promotion of new urbanization, the structural opportunities in the lighting industry will be further released. For the "specialized, refined, unique, and innovative" forces represented by these 20 enterprises, future development needs to focus on three major directions:
In terms of technology, it is necessary to continuously tackle core processes such as Mini/Micro LED mass transfer and health spectrum tuning, and strive to take the lead in the domestic related technological innovation process; In terms of market layout, we should grasp the incremental demand brought by the expansion of commercial complexes and the transformation of smart cities, while leveraging the export advantages of the Pearl River Delta to expand into emerging markets such as Southeast Asia and the Middle East; In terms of model innovation, it is necessary to accelerate the transformation from product sales to "product+operation and maintenance+data services", and seize the development opportunities of service-oriented manufacturing.
As the manufacturing core and innovation highland of the global lighting industry, the upgrading process of China's lighting industry is being accelerated by these "little giants" enterprises. Their growth trajectory indicates that only by deeply cultivating segmentation, adhering to innovation, and integrating into the ecology can sustainable development be achieved in the structural transformation of the industry, injecting lasting momentum into China's transformation from a "lighting power" to a "lighting powerhouse".
