China-led-lighting-market-forecast
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<strong>China</strong> LED Lighting Market<br />
www.renub.com<br />
<strong>China</strong> LED Lighting Market
<strong>China</strong> LED Lighting Market<br />
www.renub.com<br />
Report Description and Highlights<br />
Analyst View:<br />
According to Renub Research <strong>China</strong> LED <strong>lighting</strong> <strong>market</strong> is going to cross the US$ 29<br />
Billion mark by the year-end of 2025. In <strong>China</strong>, people are adopting LED <strong>lighting</strong> at a rapid<br />
pace because of the gradual reduction of LED <strong>lighting</strong> price. Many Chinese LED light<br />
manufacturer are increasing their production capacity because they are getting an optimal<br />
subsidy from both central and local government. The favorable government policies of <strong>China</strong><br />
are helping the LED manufacturer and distributor to run their business smoothly, and it will<br />
further boost the LED <strong>lighting</strong> <strong>market</strong> in the <strong>forecast</strong> period. Besides, the Chinese government<br />
has also implemented LED <strong>lighting</strong> standard that will help to produce the supreme quality of<br />
the LED product.<br />
The growing demand for LED <strong>lighting</strong> in <strong>China</strong> stimulates LED light <strong>market</strong>. Chinese LED<br />
manufacturer mainly focused on Research & Development of LED light; cost reduction, energy<br />
efficiency, and environmental friendly, long life. In <strong>China</strong>, the demand for lower-end LED<br />
product is high, but there is also stiff competition in this segment.
<strong>China</strong> LED Lighting Market<br />
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<strong>China</strong> LED Lighting Market<br />
In <strong>China</strong>, penetration of LED <strong>lighting</strong> is growing at a rapid pace due to supportive government<br />
policies that help out LED manufacturer and distributor to a great extent. The Chinese<br />
government banned incandescent bulbs over 100 watts in the year 2012. After that, it banned<br />
15 watts in the year 2016. Besides, <strong>China</strong> is also looking for a framework to replace the<br />
fluorescent bulb with an LED. In <strong>China</strong>, the National Development and Reform Commission<br />
(NDRC) and the Ministry of Finance (MOF) have taken several measures to administer<br />
subsidies for proliferating LED Lighting products.<br />
Consistent Reduction in the Price of LED <strong>lighting</strong> products stimulates the Market to<br />
Expand<br />
In <strong>China</strong>, technology mechanization in the LED <strong>lighting</strong> industry has increased over the period.<br />
Therefore the average price of LED <strong>lighting</strong> product has declined and reached to an affordable<br />
price as compared to conventional <strong>lighting</strong> products. According to Renub Research Analysis,<br />
the <strong>market</strong> of LED <strong>lighting</strong> product will grow during the <strong>forecast</strong> period, especially in residential<br />
segments due to the price reduction of LED.
<strong>China</strong> LED Lighting Market<br />
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<strong>China</strong> LED Lighting Market<br />
Key Companies <strong>China</strong> LED Lighting Sales<br />
In this report, we have taken the top five Key players in the <strong>China</strong> LED Lighting <strong>market</strong> include<br />
Cree Inc., Philips Lighting, MLS Co. Ltd., Foshan Electrical & Light, Osram.<br />
Renub Research latest study “<strong>China</strong> LED Lighting Market, Volume by Applications<br />
(Industrial, Outdoor, Residential, & Commercial), Companies (MLS Co Ltd., Philips<br />
Lighting, Osram, Cree Inc., Foshan Electrical & Light)” provides a detai<strong>led</strong> and<br />
comprehensive insight of <strong>China</strong> LED Light Market.<br />
Read more here:<br />
https://www.renub.com/china-<strong>led</strong>-<strong>lighting</strong>-<strong>market</strong>-size-volume<strong>market</strong>-share-applications-companies-p.php
<strong>China</strong> LED Lighting Market & Volume<br />
Types of LED Lighting Market & Volume<br />
• Industrial LED Lighting<br />
• Outdoor LED Lighting<br />
• Residential LED Lighting<br />
• Commercial LED Lighting<br />
Key Player covered in the Report<br />
• MLS Co Ltd.<br />
• Philips Lighting<br />
• Osram<br />
• Cree Inc.<br />
• Foshan Electrical & Light<br />
Want more Information about this <strong>market</strong>? Request a free sample copy:<br />
https://www.renub.com/request-sample-page.php?gturl=china-<strong>led</strong>-<strong>lighting</strong><strong>market</strong>-size-volume-<strong>market</strong>-share-applications-companies-p.php<br />
<strong>China</strong> LED Lighting Market<br />
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Forecast For <strong>China</strong> LED Lighting Market – By Application<br />
Forecast For <strong>China</strong> LED Lighting Market Share (%) – By Application (2019 – 2025)<br />
Source: Renub Research Analysis<br />
Note: These are dummy figures; actual data given in the report<br />
<strong>China</strong> LED Lighting Market<br />
www.renub.com
<strong>China</strong> LED Lighting Market<br />
www.renub.com<br />
<strong>China</strong> LED Lighting Market<br />
Scope of the Report<br />
<strong>China</strong> LED Lighting Market & Forecast: We have done a comprehensive analysis of <strong>China</strong><br />
LED <strong>lighting</strong> Market. We have taken historic data from 2010 – 2018 and anticipated year from<br />
2019 – 2025. Besides, we have considered several factors that propel <strong>China</strong> LED <strong>market</strong> like<br />
government policies and LED manufacturer and distributors.<br />
<strong>China</strong> LED Lighting Volume & Forecast: In this report, we have done a complete analysis of<br />
<strong>China</strong> LED <strong>lighting</strong> on the volume front. Also, we have also studied the demand and supply of<br />
LED <strong>lighting</strong> product on a unit basis. We have taken historic data from 2010 – 2018 and<br />
anticipated year from 2019 – 2025.<br />
<strong>China</strong> LED Lighting Price Analysis: Rising mechanization and cutting edge technology will<br />
stimulate lower the price of LED <strong>lighting</strong> products. We have studied the LED <strong>lighting</strong> product<br />
price from the year 2010 to 2019
<strong>China</strong> LED Lighting Market<br />
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<strong>China</strong> LED Lighting Market<br />
<strong>China</strong> LED Lighting Value Chain: It provides a complete detai<strong>led</strong> analysis of the present and<br />
future value chain of LED <strong>lighting</strong> in <strong>China</strong>.<br />
Growth Drivers: It studies the different factors which are helping the LED <strong>lighting</strong> <strong>market</strong> to<br />
grow in <strong>China</strong>.<br />
Challenges: It explains the core challenges within the LED <strong>lighting</strong> industry.<br />
Company Analysis: We have covered five key players and their LED revenue in <strong>China</strong>. Apart<br />
from sales analysis, we have also included an overview of the company and LED latest<br />
development trends.<br />
If the information you seek is not included in the current scope of the study kindly share<br />
your specific requirements with our custom research team at info@renub.com
Forecast For <strong>China</strong> LED Lighting Market Share (%)<br />
Forecast For <strong>China</strong> LED Lighting Market Share (%) – By Key Players (2019 – 2025)<br />
100%<br />
90%<br />
80%<br />
70%<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
2019 2020 2021 2022 2023 2024 2025<br />
Foshan Electrical & Light Cree Inc. Osram Philips Lighting MLS Co Ltd.<br />
Source: Renub Research Analysis<br />
Note: These are dummy figures; actual data given in the report<br />
<strong>China</strong> LED Lighting Market<br />
www.renub.com
<strong>China</strong> LED Lighting Market<br />
Browse Related Report :<br />
Global LED Lighting Market<br />
Electric Vehicle Market<br />
Contact Us<br />
Tel: +1-678-302-0700 (US),<br />
+91-120-421-9822 (INDIA)<br />
Email: info@renub.com<br />
<strong>China</strong> LED Lighting Market<br />
www.renub.com