Is LED Flood Light Facing Excess Capacity?

LED Lighting enterprises are competing with low prices in the dismal market; while high end LED flood lights still need to be imported in large amount. Behind the large number of import lies the fact that there is technical shortage in domestic LED high end products. Many enterprises haven't done enough jobs in technical development. Therefore the so called excess capacity in the industry actually exists in the low end market. It is an industrial excess due to homogeneity, low technical threshold and peer imitation. Actually there is no excess in high end LED Lights market; the large import volume can tell the truth that high end products are actually deficient rather than excess. Most peers agree with the idea on current situation.
The imported high end products are mainly high power lamps. There are few domestic enterprises that can make high power LED lights, especially those with high standards. Light sources for products such as street light, vehicle light and mobile phone flash light are mainly imported.