Yufai: What needs to be considered when purchasing Solar powered street lamp accessories?

With the gradual development and maturity of the market of Solar street light suppliers, the procurement of street lamp accessories has become a major concern for street lamp manufacturers. In the procurement process, the weight of objective factors such as the visibility of the accessory company and the purchase channel is gradually decreasing, and the product is cost-effective and stable. The weight of other internal factors is further increasing. The competitive ecology of domestic and foreign manufacturers in the same industrial chain has been quietly changing. Mainly reflected in the following three aspects:

First: Price and quality have become important considerations when purchasing street lamp accessories. With the increasing competition in the street lamp market, the current market price has become the primary factor in the procurement of accessories, and the quality of street lamp accessories is the second factor that follows the price. This is the inevitable result of fierce market competition. After a period of market baptism in the future, quality and service will still return to the most important position.

Second: From the perspective of exposure, although international giants still have an advantage, the exposure of domestic companies has also increased significantly. Mainly because the international giants of street lighting products have experienced years of development, and domestic companies have entered the field for a relatively short time. However, thanks to the strong support of national policies and the expansion of the Chinese market, after years of hard work by companies in the industry, domestic companies’ product exposure Obviously higher, which is reflected in a very large increase in market share.

It is conceivable that with the active contraction of some international giants in the domestic market and the technological growth and channel expansion of local companies, this proportion will continue to tilt towards domestic companies.

Third: From the perspective of market competitiveness: cost-effectiveness is the main development advantage of domestic enterprises. Needless to say, international giants benefited from early development and formed strong market technical barriers, so they have a very high competitive advantage in terms of quality, but domestic companies also benefit from late-mover advantages, and domestic production costs are much lower. Compared with the international giants, the competitive advantage in price is very obvious. With the continuous improvement of the level of R&D technology of domestic enterprises, the quality of some products of domestic enterprises is almost on par with those of foreign countries (this range is still expanding rapidly. ), good quality and low price, the product cost-effective is very attractive.

As a solar street light suppliers, our mission is that with market competition and the segmentation, refinement, and specialization of the led street light market, the led accessories industry market will also further develop towards high-cost performance, and cost-effective products will be more popular in the market. Domestic LED street light accessories manufacturers must also seize the opportunity and develop rapidly.

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