Industry competition

From a global perspective, the performing arts lighting equipment manufacturing industry in Europe and the United States has a long history of research and development and manufacturing, with technology and brand first-mover advantages, with the continuous upgrading of products and technology and the development of the global economy, the market scale of performing arts lighting equipment manufacturing industry continues to expand. Lighting equipment manufacturing industry is a highly competitive market, market concentration is relatively low, according to foreign institutions statistics, in 2017, the global production scale of the top three companies market share of 14.28%, the production scale of the top ten companies market share of 27.88%.

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