Lighting market size will be 82. 1 billion US dollars in 2016

In 2015, the lighting market will reach 82. 1 billion US dollars, of which LED lighting market will reach 25. 7 billion US dollars driven by emerging markets gaining momentum, with a market penetration rate of 31. Industry insiders said that by observing the market size of 2015LED lighting in different regions, Europe has a market size of 23. Although no large-scale subsidy policy has been seen, its high electricity price and differences in light culture, the demand for LED in commercial lighting and outdoor building lighting market has increased. The Chinese market has a market share of. China is mainly a country that manufactures lighting products. With the cost advantage and complete supply chain, the market competition is more intense than other markets. regardless of brand manufacturers, OEM manufacturers, or emerging lighting manufacturers and packaging manufacturers, in addition to significantly improving the penetration ratio of LED lighting, the development of sales channels is the main development project this year. Looking forward to 2015, thanks to the steady growth of lighting market demand, China's lighting market will continue to increase both domestic demand and overseas exports. However, the price of the product is affected by many suppliers, and the price competition is intensifying. If it is not for continuous development, it will eventually face the crisis of exiting the market.