In 2018 China LED lighting market size to 598. 5 billion yuan1

In recent years, with countries around the world is becoming more and more attention to energy conservation and emissions reduction, as the most advantage of new energy-efficient lighting energy-saving lighting products LED to become the world's countries focus on promotion products, rapid development in the global LED lighting market, global LED output value up to $62. 9 billion in 2018. High yield research LED research institute ( GGII) In 2018, according to the global LED lighting has been achieved 42 permeability. 5%, in 2018 China LED lighting market reached 598. 5 billion yuan, an increase of 12. 5%, among which the outdoor lighting market reached 95 billion yuan, the LED has become a commercial lighting, home lighting, outdoor lighting of absolute power.

LED driving power source is an integral part of LED lighting products, is also the main factors influencing the stability of LED lighting products. The rapid growth of the global LED lighting market to promote the development of LED lighting driver power supply industry constantly and high yield research LED research institute ( GGII) Statistics show that in 2018 China LED lighting driver power supply output value reached 29. 3 billion yuan, scale grew 19. 6%, accounting for 63% of global output. LED lighting driver power supply market is huge, GGII is expected in 2019 China LED drive power supply output scale will reach 31. 5 billion yuan, an increase of 12. 5%, to 2020, China LED lighting driver power supply the size of the market is expected to reach 38. 9 billion yuan.

by the end of 2018, China has a certain scale of LED lighting driver power supply enterprise around 400, nine into drive power supply enterprises involved in LED lighting driver power supply. LED drive power mainly includes the function driver drive power supply power and landscape lighting, LED the function driver market size is big, but more entrants, relatively scattered, lead to small business market orders less, operating difficulties and exit the market.

high yield research LED research institute ( GGII) Predicted that in 2019 China LED drive power supply output scale will reach 31. 5 billion yuan, rose nearly 13%, to 2020, China LED lighting driver power supply market is expected to reach 39 billion yuan, due to operating difficulties of small and medium-sized enterprises will gradually withdraw from the market.