Market size and future development trend of China's LED lighting industry

Release time:

2023-05-15

The Chinese LED lighting industry, as an emerging industry, has developed rapidly in recent years and the market size has been continuously expanding. According to the in-depth market evaluation and investment profit forecast report of China's LED lighting industry from 2023 to 2029 released by Market Research Online, the market size of China's LED lighting industry reached 196.18 billion yuan in 2017, and in 2018, the market size of China's LED lighting industry reached 226.32 billion yuan, an increase of 15.5% compared to 2017.
With the increasing support from the government in the lighting industry, China's LED lighting industry will continue to maintain rapid development. In 2019, the Chinese LED lighting industry has developed to a certain scale, with a market size of 266.38 billion yuan, an increase of 17.7% compared to 2018.
It is expected that the Chinese LED lighting industry will further develop and the market size will continue to climb in 2020. It is expected that the market size of the Chinese LED lighting industry will reach over 300 billion yuan by the end of 2020.
In the future, China's LED lighting industry will continue to develop at a high speed and maintain stable growth in market competition. With the advancement of technology, the Chinese LED lighting industry will pay more attention to technological innovation, improve product quality, fill the gap between brands, and enhance the competitive strength of the Chinese LED lighting industry in the international market.
In addition, as the government's policy support for the LED lighting industry continues to increase, the development of China's LED lighting industry will further accelerate, and the market size will continue to expand. In the future, the market size of China's LED lighting industry is expected to exceed 400 billion yuan.
Overall, with the advancement of technology and government support, the market size of China's LED lighting industry will continue to maintain a good growth trend, and the future market size will also reach over 400 billion yuan.

Development Trends of Professional Mobile Lighting Industry

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Development Trends of Professional Mobile Lighting Industry

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The protection of solder wires and chips is a crucial step in the process of LED packaging. To ensure sufficient protection for solder wires and chips, as well as fast and efficient curing, manufacturers typically use UV curing machines and UV curing lamps.

Development Trends of Professional Mobile Lighting Industry

he efficiency and portability of professional mobile lighting tools are constantly improving, the application scenarios are becoming more diverse, and the market size is gradually expanding LED chips are one of the core components of professional mobile lighting tools. With the continuous improvement and breakthrough of LED chip production technology, their electrical, optical, and thermal properties have significantly improved. In order to achieve the same lighting effect, the number and volume of LED chips required at this stage are smaller than before. The application of the new generation of LED chips in professional mobile lighting tools has effectively improved product efficiency, reduced energy consumption, extended service life, and increased product portability.

Market size and future development trend of China's LED lighting industry

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