The China LED Lightning Market is witnessing a steady recovery from the disruptions induced by the Global pandemic during the year 2020-2021: Ken Research

Energy Efficient: LED light bulbs are currently the most popular type of light bulb in China. They consume less energy as compared to other products, don't have mercury in them, do not heat up while in usage, and give off bright light with a slightly cool cast making them aesthetically pleasing. Furthermore, LED bulbs come in a wide variety of sizes, shapes, and colour giving the user a wide range of choice. The standard, pear-shaped Type bulb is also known as a standard bulb. They're utilized in both private and business applications and screw in utilizing an Edison screw. Lamp bulbs or A19, which are utilized in all lamps, and A15 appliance bulbs are the most prevalent of these bulbs. Moreover, they are also being promoted by the Chinese Government as part of their eco-friendly initiatives.

Covid Impact: China is a big provider of both completed and raw electronic products, which has a considerable impact on the market for electronic gadgets. The whole industrial sector is currently being impacted by price fluctuations, supply disruptions, and production losses. Lighting producers rely on China as the source for a sizeable portion of the components they employ, like much of the manufacturing industry. China was the first nation to be affected by the outbreak since COVID-19 is thought to have started in the city of Wuhan in the Hubei province. As a result, it was the site of the first lockdowns, which several other countries have since adopted to stop the disease's spread. Workers at factories that produce LEDs and other parts for lighting fixtures have frequently been told to stay at home.

Analysts at Ken Research in their latest publication, "China LED Lightning Market Outlook 2027F- Driven by government regulations, research & development & rising urbanization levels" by Ken Research observed that China LED Lightning Market is in a growth phase & is expected to grow at a CAGR of ~% in the upcoming years owing to increasing government initiatives & technological innovations. It is to be noted that the China LED Lightning market is consolidated with a few brands occupying almost half of the market with companies competing not only on the basis of product quality, cost, demand for the product & estimated revenue.

Key segments covered

By Product Type

Panel Lights

Down Lights

Street Lights

Tube Lights

Bulb

Others

By Product Application

Commercial

Residential

Institutional

Industrial

By Installation Type

New Installation

Retrofit Installation

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By Region

Guangdong

Jiangsu

Shandong

Zhejiang

Henan

Others

Time Period Captured in the Report

Historical Period: FY'17- FY'22P

Base Year: FY'22P

Forecast Period: FY'23F - FY'27F

Key Target Audience

Distributers

Dealers

Big Box Stores

Builders/Contractors

Facilities Manager

DIYers

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Key players Covered

Philips

Osram

Leadarson

Foshan electrical & light

Cree Inc.

Key Topics Covered in the Report

Executive Summary of China LED Lightning Market

Country Overview of China LED Lightning Market

Overview of China LED Lightning Market

Market Size of China LED Lightning Market

Market Segmentation China LED Lightning Market

Industry Analysis of China LED Lightning Market

Consumer Analysis of China LED Lightning Challenges and restrains

Competitive Analysis of China LED Lightning Market

Future Outlook of China LED Lightning Services

Covid Analysis of China LED Lightning Market

Analyst Recommendations

For more insights on the market intelligence, refer to the link below:-

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/china-led-lightning-market-outlook-2027/596307-95.html

Related Reports By Ken Research:-

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/france-led-lighting-market-outlook-to-2027/596315-95.html

https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/malaysia-led-lighting-market-outlook-to-2027/596317-95.html

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.