Friday, 19 December 2014

LED Lighting Market in China Growing at a CAGR of 26.9%

Report Overview

Research Beam adds a report titled “LED Lighting Market in China 2014-2018”. The report offers holistic market data related to LED lighting market in China with precise facts and figures. The inputs from experts make this report a trustable source of information on the market.

LED lighting, otherwise called strong state lighting, is a semiconductor-based lighting innovation. LEDs radiate light focused around the electroluminescence guideline, which provides for them high iridescent adequacy. Likewise, LEDs are reduced in size and are more power proficient and in addition brighter than conventional lighting innovations, for example, fluorescent and incandescent lights.

Owing to these focal points, clients like to utilize LEDs for general lighting applications. In China, LEDs are picking up more essentialness because of their energy and radiant viability. Also, the legislature likewise backs the reception of LED lighting to an extensive degree. In this way, China is turning into one of the biggest potential markets for LED lighting.

The report forecast the LED Lighting market in China to register a CAGR of 26.9% during 2013-2018. In terms of end user segment the market is segmented into Industrial, commercial, Residential and Outdoor. High support from the government is driving the growth of global LED lighting market in China.  However, high supply chain inventory would hinder the growth of the market.

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Key market players listed in the report are:

• Dongguan Kingsun Optoelectronic Co. Ltd.
• Koninklijke Philips Electronics NV
• NVC Lighting Holdings Ltd.
• Opple Lighting Co. Ltd.
• Osram Licht AG
• Cnlight Co. Ltd.
• Eastar Lighting
• Elec-Tech International (H.K) Co. Ltd.
• Foshan Electrical and Lighting Co. Ltd.
• Foshan Nationstar Optoelectronics Co. Ltd.
• GE Co.
• Guangzhou Hongli Opto-Electronic Co. Ltd.
• Jiangsu SFT Optoelectronic Co. Ltd.
• Ledman Optoelectronic Co. Ltd.
• Lowcled Lighting Co. Ltd.
• Shanghai Mikia Lighting Co. Ltd.
• Shanghai Sansi Technology Co. Ltd.
• Shanghai Yaming Lighting Co. Ltd.
• Shenzhen Changfang Lighting Industrial Co. Ltd.
• Shenzhen Unilumin Group Co. Ltd.
• Tospo Lighting
• Vivalux Co. Ltd.
• Xiamen Yankon Energetic Lighting Co. Ltd.

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