China-led-lighting-market-forecast
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<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.
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