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2023-2028 China Lighting Market Development Forecast and Investment Strategy Analysis Report

After a long period of development, the function of lamps and lanterns has gradually changed from a single practicality to a combination of practicality and decoration. Modern lamps are widely used in home lighting, commercial lighting, industrial lighting, road lighting, landscape lighting, special lighting and other fields.

Since the reform and opening up, China's lighting industry has achieved great development. Now it has formed two industrial clusters in the Yangtze River Delta and the Pearl River Delta, and a rapidly developing industrial distribution pattern in Jiangxi, Fujian, Shandong, Beijing, Liaoning and other places. my country is the largest production base for lighting products in the world, and has a clear price advantage in the international market. Generally speaking, most of the lamps and lanterns in our country are household lighting and spare parts, but there are relatively few large-scale, high-value-added and high-grade lamps used for industrial lighting and public lighting.

Since the emergence of white LEDs, both in terms of light-emitting principles and functions, they have advantages that other traditional light sources cannot match. LED lighting has become a trend in the field of room lighting in the 21st century. LED has shown the momentum of replacing traditional incandescent lamps and fluorescent lamps, and traditional room lighting fixtures are facing severe challenges. In 2021, China's lighting industry will complete a total export value of 65.470 billion US dollars, a year-on-year increase of 24.50%, an increase of 44.09% over 2019, and a two-year average growth rate of 12.95%. Among them, the export value of LED lighting products was 47.445 billion US dollars, a year-on-year increase of 33.33%, an increase of 57.33% over 2019, and an average growth rate of 16.31% in two years. The proportion of total exports has also increased from 25% 10 years ago to more than 70% currently.

With the acceleration of China's urbanization construction process, urban squares, traffic roads, newly built communities, home decoration, shopping malls and office buildings all need the decoration of lamps and lanterns, and the demand for lighting products in urban construction will continue to increase. And with the continuous upgrading of the consumption structure, people have begun to pay attention to the decoration of home lighting, and the demand space of the lighting industry will continue to expand.

The "2023-2028 China Lighting Market Development Forecast and Investment Strategy Analysis Report" issued by the Industrial Research Institute has seventeen chapters. Firstly, it introduces the relevant knowledge of the lighting industry and the development of the international lighting market, and then analyzes the development environment and industry status of China's lighting industry. Then, the report made market segmentation analysis, import and export data analysis, industrial base analysis, regional market analysis and key enterprise operation status analysis for China's lighting industry. Finally, the report makes a scientific forecast on the development prospects of the lighting industry.

The data of this research report mainly comes from the National Bureau of Statistics, General Administration of Customs, Ministry of Commerce, Ministry of Finance, Industrial Research Institute, Industrial Research Institute Market Research Center, China Lighting Association and key publications at home and abroad. The data is authoritative, detailed and rich. At the same time, through the professional analysis and prediction model, scientifically predict the core development indicators of the industry. If you or your unit want to have a systematic and in-depth understanding of the lighting industry, or want to invest in the lighting industry, this report will be an indispensable and important reference tool for you.