China's outdoor lighting market will approach 110 billion yuan in 2019

In 2019, the demand for outdoor lighting market will continue to grow rapidly, and China's outdoor lighting market will approach 110 billion yuan.


LED outdoor lighting is mainly composed of LED functional lighting and LED landscape lighting. LED outdoor functional lighting mainly includes street lights, tunnel lights, garden lights, high pole lights, etc. LED outdoor functional lighting drive power is high, working environment Bad, high technical requirements; LED landscape lighting mainly includes wall washers, floodlights, guardrails, lights/bars, garden lights, pixel lights, etc. LED landscape lighting has lighting, artistic level and cultural taste. Certain requirements.

In recent years, with the beautification of cities, the development of night travel economy to increase income, and the acceleration of urban residents' happiness, the economic value and social value of outdoor landscape lighting have been continuously explored, and the overall market scale of LED outdoor lighting has continued to grow. According to the data of the High-tech Research Institute LED Research Institute (GGII), the scale of China's outdoor lighting market reached 95 billion yuan in 2018, of which the LED outdoor functional lighting market reached 17 billion yuan, up 19.7% year-on-year; 78 billion yuan, an increase of 15.04%. However, due to the impact of domestic and international economic environment, weak market demand, plus Sino-US trade friction, LED outdoor lighting products exports have been greatly affected, resulting in a slowdown in the growth rate of LED outdoor lighting market in 2018, including outdoor landscape lighting market Compared with the growth rate in 2017, the growth rate has dropped by more than 6 percentage points.

According to the analysis of the LED Research Institute (GGII), with the continuous progress of urbanization, the rapid development of LED technology, the continuous improvement of intelligent control system development, the continuous decline of cost, and the basic hardware conditions have been met, the outdoor lighting market demand in 2019 It will continue to grow rapidly, and China's outdoor lighting market will be close to 110 billion yuan.

The High-tech Research Institute LED Research Institute (GGII) has collected a large amount of first-hand information through the on-the-spot investigation of major LED outdoor lighting companies in China and the face-to-face conversations with leading LED lighting industry leaders at home and abroad. Based on a solid foundation, based on the full investigation, the '2019 China LED Outdoor Lighting Industry Research Report' was compiled.

From the perspective of production and consumption of outdoor lighting industry, this report focuses on the development environment of China's LED outdoor lighting industry in 2018, development status at home and abroad, competition pattern, import and export situation, market demand, market price, and multi-channel data information. The key enterprises in the outdoor lighting industry conduct detailed analysis, combine the scientific economic analysis model to evaluate the development prospects of the outdoor lighting industry, and forecast the development trend of the outdoor lighting industry in the next few years. This report is an important reference tool for understanding the current development trend of LED outdoor lighting industry, grasping the development trend of LED outdoor lighting industry, and correctly formulating development strategy. High-tech Research Institute LED Research Institute (GGII) hopes to conduct in-depth research and analysis for investors. , industry insiders, securities companies and those who want to understand the LED outdoor lighting industry, provide accurate and valuable reference LED outdoor lighting industry data and research reports.