The LED incandescent bulb market is expected to reach 8. In 2017. $3. 1 billion1

According to the new survey results, the market size of LED incandescent bulbs is expected to reach 56. In 2017. 0. 6 billion RMB (About 8. $3. 1 billion), An increase of 95 year-on-year; From 2017 to 2022, CAGR will reach 47. 7. According to the new survey results, the market size of LED incandescent bulbs is expected to reach 56. In 2017. 0. 6 billion RMB (About 8. $3. 1 billion), An increase of 95 year-on-year; From 2017 to 2022, CAGR will reach 47. 7. In the first half of 2017, the total export volume of LED incandescent bulbs from Chinese manufacturers reached 15. 73 million, with the total export volume reaching 22. 47 million US dollars; Year-on-year growth rates were 353 and 330 respectively. At present, the mainstream luminous flux of LED incandescent bulbs is about 450lm, which is widely used in decorative lighting in public places. With the continuous decline in the price of LED bulbs, lighting manufacturers such as Philips and Osram Licht are vigorously promoting LED incandescent bulbs. In the Chinese market, the price of 3 w led incandescent bulbs is 28- 30 yuan, much higher than the price of 3 w led bulbs. With the increasing demand for LED incandescent bulbs, China's largest supplier of LED packaging and LED application products, Jason (MLS)Has invested 12. 8. 7 billion yuan, plans to build an annual production capacity of 2. In East China. Incandescent lamp production base of 2. 9 billion bulbs.