89 billion yuan in the Chinese market in 2020

LED explosion-proof lamps are a new type of high-efficiency and energy-saving lighting products with advantages, and LEDs have become a key promotion product for energy-saving lighting in countries around the world. According to data from the Advanced Industry Research LED Research Institute (GGII), the annual global LED market has reached 100 million U.S. dollars, and the global LED lighting penetration rate has reached .%; the annual Chinese LED lighting market has reached 100 million yuan, an increase of .% year-on-year. The economic value and social value of LED lighting are constantly being explored, which promotes the overall stable growth of the high-brightness LED lighting market.

LED lighting is divided into general brightness LED lighting (luminance u0026lt;mcd) and high-brightness LED lighting (luminance u0026gt;mcd) according to luminosity. LED backlight, outdoor lighting, stage lights, architectural lights, airport lights, and marine lights all belong to the category of high-brightness LED lighting. High-brightness LED lighting is an indispensable part of LED lighting applications. The rapid growth of the global LED lighting market has promoted the continuous development of the high-brightness LED lighting industry. According to statistics from the LED Research Institute (GGII), China The market scale of high-brightness LED lighting lamps reached 100 million yuan, a year-on-year increase of .%. Among them, the LED automotive lighting market has a scale of 100 million yuan, a year-on-year increase of .%.

The LED Research Institute of Advanced Industry Research (GGII) believes that the rapid development of China's LED technology and the continuous improvement of intelligent control systems will jointly promote the rapid growth of China's high-brightness LED lighting market this year, and the market size will exceed 100 million yuan, year-on-year increase%. By the year, China's high-brightness LED lighting market scale will exceed 100 million yuan.

The High-intensity LED Lighting Research Institute (GGII), combined with the actual survey of domestic high-brightness LED lighting companies, compiled the 'Annual China High-brightness LED Lighting Industry Market Research ReportDetailed analysis and forecasts were made on the industrial policies, investment risks, and investment prospects of the lighting industry. The LED Research Institute (GGII) hopes to provide investors, industry insiders, securities companies and those who want to understand China's high-brightness lighting industry with accurate and valuable reports through actual investigation and research.