With the global phase-out of incandescent bulbs, LED filament lamps have emerged as a popular and efficient replacement. Over recent years, the production of these lamps has become more standardized, leading to a rapid increase in output and market penetration. This shift reflects growing consumer demand for energy-efficient lighting solutions.
According to data from the High-tech Research Institute's LED Research Department (GGII), the global LED filament lamp market reached 2.9 billion yuan in 2016. It is projected that by 2017, the market will surge to 5.66 billion yuan, marking a 95% growth. With ongoing standardization, the market is expected to continue expanding at a compound annual growth rate of 47.7% between 2017 and 2020.
Notably, the international market offers high profit margins and significant potential, prompting many domestic LED filament lamp manufacturers to shift their focus from the local to the global stage. As a result, export markets have become a key area of interest for these companies.
According to the "2017 China LED Filament Lamp Export Monthly Monitoring Report" released by GGII, the total export value of China’s LED filament lamps in the first half of 2017 reached approximately $22.47 million, a 330% increase compared to the previous year. The volume of exports also rose by 353%, reaching about 15.73 million units.
The Market Demand is Strong, Companies Are Diving Into the Filament Lamp Sector
After going through various stages—from initial introduction to skepticism and eventual acceptance—filament lamps have gained market recognition due to their superior performance and efficiency. Compared to traditional bulbs, they offer better light output with lower wattage, making them more energy-efficient and eco-friendly.
Hong Yannan, Chairman of Guangmingyuan, highlights that filament lamps not only provide higher light efficiency but also allow for greater control and flexibility. Beyond decorative use, they are increasingly being used in main lighting applications, replacing some conventional bulbs. Looking ahead, the market potential for filament lamps is vast.
As demand rises, more companies are entering the filament lamp industry. Domestic manufacturers such as Debang Lighting, Hongxin Lighting, Shengpu Optoelectronics, Xingguangbao, Guangmingyuan, Lianshang Optoelectronics, Champion Lighting, Stellar Gaohong, and Yapuer have already established themselves in this niche market.
Xingguangbao, one of the leading players in the filament lamp sector, has built a strong reputation by focusing exclusively on filament lamp production. In 2017, the company emphasized R&D and product innovation, aiming to improve quality and performance. Notably, Xingguangbao participated in the Polish Lighting Exhibition, successfully promoting its products to European and American markets.
Zhu Xihe, General Manager of Xingguangbao, stated, “Since 2017, the LED industry chain has experienced price increases, leading to a more rational market environment. We remain optimistic about the future of the LED lighting market and continue to prioritize filament lamps and packaging products as key areas of development.â€
Major Players Are Expanding Their Presence in the LED Filament Lamp Market
It’s no secret that many domestic chip and packaging manufacturers have recently entered the filament lamp space. International giants like Philips and Osram are also seeking partnerships with top Chinese filament lamp OEMs, signaling increased competition in the sector.
This year, several major LED companies, including Mulinsen, Hongli Zhihui, and Guoxing Optoelectronics, have made significant moves in the filament lamp field.
In April 2017, Mulinsen announced plans to build a new LED filament lamp production base in Yiwu Industrial Park, Zhejiang Province. The facility is designed to produce 229.17 million units annually, with a total investment of 128.6861 million yuan. Once completed, it will gradually ramp up production over the next two years, achieving full capacity by the third year with a yield of 96%.
Mulinsen, which currently holds a core position in the LED filament lamp market, expects a significant sales boost in 2017. With continued overseas expansion, the company is well-positioned to become a global leader in LED packaging and lighting.
Meanwhile, Hongli Zhihui has taken advantage of the growing market by showcasing its filament lamp products at major exhibitions both domestically and internationally. The company has also invested heavily in talent, sales teams, and production facilities, reinforcing its commitment to quality and craftsmanship.
Guoxing Optoelectronics, with over 40 years of experience, has adopted a comprehensive strategy to become a leading LED enterprise. The company has expanded its supply chain and focused on brand building. Earlier in 2016, it secured a patent titled “A Method for Manufacturing LED Filaments,†further strengthening its technological edge.
Guoxing Optoelectronics emphasized that the patent acquisition helps protect its intellectual property, enhance R&D capabilities, and maintain a competitive edge in the industry.
The Market Is Growing Fast, Filament Lamps May Enter a Competitive Phase
While the market continues to expand rapidly, so does the number of companies involved. Technological innovation and product diversification are becoming key factors in success.
Deng Kaisheng, General Manager of Ruidisheng, believes that filament lamps have passed the initial market recognition phase and are now entering the second stage: diverse application. Flexible filaments, in particular, have gained popularity and are expected to remain a hot trend in 2017.
As the market grows, competition will intensify. In the coming years, filament lamp demand is expected to grow by more than 50% annually for at least three years. However, this rapid growth may also lead to a consolidation phase, where weaker players will be weeded out. For industry participants, this means staying alert and continuously innovating to maintain a competitive edge.
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