China LED lighting market is going to cross the US$ 29 Billion mark by 2025
Get Free Customization in This Report
In China, people are adopting LED lighting at a rapid pace because of the gradual reduction of LED lighting price. Many Chinese LED light manufacturer are increasing their production capacity because they are getting an optimal subsidy from both central and local government. The favorable government policies of China are helping the LED manufacturer and distributor to run their business smoothly, and it will further boost the LED lighting market in the forecast period. Besides, the Chinese government has also implemented LED lighting standard that will help to produce the supreme quality of the LED product. China LED lighting market is going to cross the US$ 29 Billion mark by the year-end of 2025.
The growing demand for LED lighting in China stimulates LED light market. Chinese LED manufacturer mainly focused on Research & Development of LED light; cost reduction, energy efficiency, and environmental friendly, long life. In China, the demand for lower-end LED product is high, but there is also stiff competition in this segment.
In China, penetration of LED lighting is growing at a rapid pace due to supportive government policies that help out LED manufacturer and distributor to a great extent. The Chinese government banned incandescent bulbs over 100 watts in the year 2012. After that, it banned 15 watts in the year 2016. Besides, China is also looking for a framework to replace the fluorescent bulb with an LED. In China, the National Development and Reform Commission (NDRC) and the Ministry of Finance (MOF) have taken several measures to administer subsidies for proliferating LED Lighting products.
Consistent Reduction in the Price of LED lighting products stimulates the Market to Expand
In China, technology mechanization in the LED lighting industry has increased over the period. Therefore the average price of LED lighting product has declined and reached to an affordable price as compared to conventional lighting products. According to Renub Research Analysis, the market of LED lighting product will grow during the forecast period, especially in residential segments due to the price reduction of LED.
Key Companies China LED Lighting Sales
In this report, we have taken the top five Key players in the China LED Lighting market include Cree Inc., Philips Lighting, MLS Co. Ltd., Foshan Electrical & Light, Osram.
Renub Research latest study “China LED Lighting Market, Volume by Applications (Industrial, Outdoor, Residential, & Commercial), Companies (MLS Co Ltd., Philips Lighting, Osram, Cree Inc., Foshan Electrical & Light)” provides a detailed and comprehensive insight of China LED Light Market.
Types of LED Lighting Market & Volume
• Industrial LED Lighting
• Outdoor LED Lighting
• Residential LED Lighting
• Commercial LED Lighting
Key Player covered in the Report
• MLS Co Ltd.
• Philips Lighting
• Cree Inc.
• Foshan Electrical & Light
Scope of the Report
• China LED Lighting Market & Forecast: We have done a comprehensive analysis of China LED lighting Market. We have taken historic data from 2010 – 2018 and anticipated year from 2019 – 2025. Besides, we have considered several factors that propel China LED market like government policies and LED manufacturer and distributors.
• China LED Lighting Volume & Forecast: In this report, we have done a complete analysis of China LED lighting on the volume front. Also, we have also studied the demand and supply of LED lighting product on a unit basis. We have taken historic data from 2010 – 2018 and anticipated year from 2019 – 2025.
• China LED Lighting Price Analysis: Rising mechanization and cutting edge technology will stimulate lower the price of LED lighting products. We have studied the LED lighting product price from the year 2010 to 2019
• China LED Lighting Value Chain: It provides a complete detailed analysis of the present and future value chain of LED lighting in China.
• Growth Drivers: It studies the different factors which are helping the LED lighting market to grow in China.
• Challenges: It explains the core challenges within the LED lighting industry.
• Company Analysis: We have covered five key players and their LED revenue in China. Apart from sales analysis, we have also included an overview of the company and LED latest development trends.
If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team at email@example.com
225 Kristie Ln, Roswell, GA 30076, United States
Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.
Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release China LED lighting market is going to cross the US$ 29 Billion mark by 2025 here
News-ID: 1763970 • Views: 1311
More Releases from Renub Research
Global Auto-Injector Market will be US$ 5.8 Billion by 2026
According to the latest report by Renub Research, titled "Auto-Injectors Market Global Forecast by Regions, Application (Anaphylaxis, Multiple Sclerosis, Rheumatoid Arthritis, Others), Product Types, Distribution Channels, Company Analysis" The autoinjector is a small device which helps to deliver a fixed dose of a particular drug. These are typically spring-loaded syringes, which are specifically designed for the drug's convenience and secure dispensation. The market for Auto-injectors has grown significantly in the
Modified Starch Market will be US$ 14.9 Billion by 2026
According to the latest report by Renub Research, titled "Modified Starch Market, Production & Forecast, Sectors (Corn, Wheat, Cassava, Potato), Regions, Segments, Company Analysis" Modified starch is formed by morphological or physicochemical changes to the structure of native starch, through its treatment with heat, acids, alkalis, and enzymes. This treatment increased the capacity for water retention, heat resistance, binding features, and thickening properties. Some of the primary raw materials from
United States Modular Kitchen Market will be US$ 9 Billion by 2026
According to the latest report by Renub Research, titled "United States Modular Kitchen Market, By Design, Distribution Channels (Online, Offline), Products (Tall Storage, Floor Cabinet, Wall Cabinet), Regions, & Company Analysis" Modular kitchen market is growing in the United States due to an increase in a number of housing units, increasing demand for premiumization, shifting customer preference, growing collaborations between contractors and developers of real estate projects, a growing number
Netherlands Diabetes Market will be USD 4.48 Billion by 2025
According to the latest report by Renub Research, titled "Netherlands Diabetes Market, By Blood Glucose (SMBG) Device, Continuous Glucose Monitoring (CGM), Insulin Pen, Insulin Pump, Reimbursement Company Analysis & Forecast" The prevalence of diabetes mellitus (DM) is proliferating in the Netherlands. Country’s diabetes care is largely focused on primary health care, with the responsibility of general practitioners for most areas of care. The rise in the prevalence of obesity is
More Releases for LED
LED Supply Chain
This report covers market size and forecasts of LED Supply Chain, including the following market information: Global LED Supply Chain Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) Global LED Supply Chain Market Size by Company, 2019-
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Packaging Market
Global LED Packaging Market is expected to reach US$ 34.29 Bn by 2026 from US$ 18.2 Bn in 2016 at a CAGR of 6.54%. The factors such as increasing demand for high power grade LED packages for lighting applications, rising demand for LED packages in the display panel market, growing government initiatives and regulations for adoption of energy-efficient LED lighting and increasing demand for smart LED lighting solutions are responsible
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
LED Services Market - Energy Efficiency of LED Lighting Boosts Uptake
The world LED services market is projected to be highly competitive with many crucial market players vying to withstand the market competition with innovative product offerings and by improving the functionality of their already existing products. Sponsorship of industry events and various long term lighting contracts are some of the significant growth strategies for the success of this market. One of the significant growth promoting elements of the world market for