Observation on China's LED stage lighting industry in the first quarter of 2025

Geopolitical shocks and market resilience: global layout adjustments under tariff pressure

The United States imposed tariffs of 34%-104% on Chinese LED products. In the first quarter, exports to the United States fell by 5% year-on-year, and orders for lighting accessories fell sharply by 30%. However, domestic companies also actively hedged related risks through diversified strategies:

1. Regional market transfer: Exports to ASEAN increased by 26% year-on-year, and Vietnam and Malaysia became emerging growth poles; Guangdong companies accelerated their layout in Central Asia, with a target export volume of US$1 billion.

2. High value-added breakthrough: The average export price of RGB Mini-LED backlight products increased by 15%, accounting for 20% of the high-end market in North America; the localization rate of automotive LEDs exceeded 60%, and Xingyu Shares' vehicle-mounted module revenue increased by 35%.

3. Supply chain resilience is highlighted: China's LED production capacity accounts for 75% of the world, and international brands such as Signify and Acuity Brands still rely on Chinese manufacturing. After the price increase of 5%-15% in the first quarter, the market share did not lose significantly.

Policy empowerment: an innovation engine for green lighting and regional collaboration

In 2025, policy dividends will be released intensively.

1. Technical R&D support: The Ministry of Science and Technology will include "high color rendering index flexible LED" in the key plan, and the additional deduction ratio of R&D expenses will be increased to 100%, and the average annual tax reduction for leading enterprises will exceed 10 million yuan.

2. Regional industrial collaboration: The Yangtze River Delta has established a cross-provincial high-tech zone, and Zhongshan and Changzhou focus on intelligent manufacturing; the central and western regions have implemented "three exemptions and three reductions" income tax preferences for projects exceeding 100 million yuan to attract production capacity to move westward.

3. Standards force upgrades: The implementation of the new "Fire Emergency Lighting Standards" has accelerated the elimination of small and medium-sized manufacturers, and the industry concentration CR5 has increased to 45%.

4. Future policy expectations: In 2027, it may be included in the carbon trading pilot, and the energy consumption per unit of GDP will be reduced by 40%; the export share of high value-added products in the "Belt and Road" will be 50%.

Future Outlook: From Cost Advantage to Technological Discourse Power

China's LED stage lighting industry is shifting from "scale expansion" to "quality breakthrough":

1. Technology autonomy: Breaking through the "bottleneck" links such as high-power chips and photothermal coupling packaging, the goal is to exceed a 70% localization rate in 2030.

2. Ecological closed-loop construction: The Yangtze River Delta and the Pearl River Delta create an "R&D-application-recycling" full life cycle system to promote cross-provincial industrial chain integration.

3. Global competition and cooperation: Relying on the "Belt and Road" to export smart lighting solutions, the goal is to increase the proportion of overseas revenue to 40% in 2030.

Conclusion

Under the triple resonance of technology, policy, and market, China's LED stage lighting industry is expected to transform from a "follower" to a "rule maker," using light as a medium to illuminate the new map of the global smart green economy.