In the first half of 2021, China's LED industry effectively made up for the supply gap caused by the global epidemic, further highlighting the advantages of manufacturing centers and supply chain hubs.

Looking forward to 2022, it is expected that under the influence of the "normalization of epidemic prevention and control" in the global LED industry, market demand will further increase, the development of China's LED industry is in good shape, and prices will show an upward trend. According to industry estimates, China’s total LED output value will reach 214.84 billion yuan in 2022.

The main reasons are the following three reasons.

First of all, due to the impact of the new crown pneumonia epidemic, raw materials are facing a tight supply and demand situation, and upstream and downstream manufacturers in the industry chain have raised the prices of raw materials to varying degrees.

Secondly, affected by the Sino-US trade friction, the phenomenon of "core shortage" is spreading in China. Many related manufacturers have increased their R&D investment in 5G and other fields, which has compressed the original production capacity of the LED industry, which will further cause the price of raw materials to rise.

Finally, due to the increase in logistics and transportation costs, the cost of raw materials has also risen.

On the whole, the trend of rising prices in the lighting sector will not abate in the short term. However, from the perspective of the long-term development of the industry, price increases will help promote manufacturers to optimize and upgrade their product structure and increase product value.

Looking back on the development history of sports lighting, we have gone through the stages of high-pressure mercury lamps, high-pressure sodium lamps, and metal halide lamps. Now, only more advanced lighting technologies and light sources can be iteratively upgraded to meet the needs of modern stadiums.

The advancement of lighting technology has also made the operating costs of LEDs more attractive than in the past. Not only can advanced lighting systems reduce operating costs, they are also more affordable than traditional lighting such as metal halide lamps.

With the increasing maturity of LED lighting technology, LED lighting lamps have unique advantages such as long life, energy saving and environmental protection, no glare, and no flicker. In particular, large-scale competitions also need to be broadcast in high-definition television, so the requirements for color rendering index, illuminance, stroboscopic ratio and other aspects are particularly strict. It is precisely that LED lighting can easily meet these requirements.

Based on the light-emitting principle of LED lights, its advantages are of course numerous. The low energy consumption to obtain efficient lighting effects also meets the basic requirements of building a resource-saving and environment-friendly society in my country. The soft light is more in line with the human body. Visual perception helps the human body's visual judgment.

As a result, more and more football stadiums have switched from traditional metal halide lights to more adaptable and energy-saving LED football lights.