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Company News
>> 2018 lighting market development of the three main axes - wisdom lighting, niche lighting, emerging national lighting
LEDinside latest LEDinside "2018 lighting level package and LED lighting market outlook" shows that from 2016 to 2019 gradually increase the size of the LED lighting market, LED lighting market size in 2018 reached 327.17 billion US dollars in 2019 Reached 33.3 billion US dollars, replacement lighting has entered a period of saturation; industrial, landscape outdoor, special commercial lighting continued development.
According to LEDinside survey of the global stock of installed lighting products, LED lighting products, the rapid replacement of traditional lighting replacement, penetration rate of 22% in 2017, is expected to reach 63% in 2022, 2017 ~ 2022 LED lighting stock CAGR up to 26%.
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