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Shenzhen Aglare has positive outlook for LED sector

Posted : October 17, 2011
         
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Ceiling spotlight
  Jun Cheng, manager of Shenzhen Aglare

The maker expects LED lamps to dominate the interior lighting segment in five to 10 years.

LED specialist Shenzhen Aglare Lighting Co. Ltd is confident that the industry is set for a bright future ahead despite current challenges such as the global economy and the yuan exchange rate.

In an interview with Global Sources, general manager Jun Cheng talks about the LED lighting industry’s future and how the company differentiates itself from competitors. Below are excerpts of the discussion.


How would you distinguish your company from other LED suppliers in China?
What are your company’s advantages?
How did the global economic situation affect your company?
What is your outlook for the industry in the coming years?
What else would you like to share with our readers?
About the company
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How would you distinguish your company from other LED suppliers in China?

Our most outstanding achievement is in the LED amusement lamp segment. Research tells us that about half of overseas markets source from our company. Thanks to our strong technology capability and rich experience, we dominate this line.

Since entering the industry in 2005, we have patented a series of key technologies in LED amusement lamps. This deters other suppliers from competing in the line.

At the same time, we also have our strong in-house technical support to thank for our LED amusement lamps’ rich colors and durability.

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What are your company’s advantages?

Our strong in-house production capability and product range are our leading advantages. Our facility can produce most types of LED components, which are used in-house and exported as well.

We also roll out finished LED bulbs and lamps in various ratings, sizes and shapes.

We can manufacture low- and high-voltage LED lamps, at 12 and 220V respectively.

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How did the global economic situation affect your company?

Because of the challenging global economy, buyers have become cautious of purchasing LED lighting products. In the amusement lamps segment, clients are more hesitant in updating their amusement facilities because of the lower number of visitors. As a result, sales of amusement lamps dropped. The same situation applies to interior lighting products.

The increasing yuan rate is also narrowing exporters’ profit margins. We project 3 to 5 percent of China manufacturers will shut down next year.

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What is your outlook for the industry in the coming years?

LED lamps will dominate interior lighting in five to 10 years. The industry, however, will experience a difficult period ahead due to the line’s high cost and the global recession.

On the other hand, 3, 5 and 7W ball bulbs will grow more popular than strip lights because these are less expensive and easier to install.

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What else would you like to share with our readers?

Generally speaking, the LED lighting industry is facing difficulties. However, the sector also has a very bright future.

The line is environment-friendly. We hope everyone works to protect our environment as this is one way of protecting ourselves as well.

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Ceiling spotlight
About the company

Shenzhen Aglare is a manufacturer specializing in LED luminaries including amusement lamps, spotlights, crystal lamps, pool lights, color bricks and flashlights.

The company generated $10 million in annual sales last year. North America and Europe are its two main markets, while it is also exploring South America, the Middle East and Asia.

For more information on Shenzhen Aglare, visit www.globalsources.com/aglare.co.

Disclaimer: All product images are provided by the companies interviewed and are for reference purposes only. Those product images featuring products with trademarks, brand names or logos are not intended for sale. We, our affiliates, and our affiliates' respective directors, officers, employees, representatives, agents or contractors, do not accept and will not have any responsibility or liability for product images (or any part thereof) which infringe on any intellectual property or other rights of a third party.
         
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