China LED lighting market is US$ 29 Billion mark by 2025 - Renub Research - PowerPoint PPT Presentation

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China LED lighting market is US$ 29 Billion mark by 2025 - Renub Research


By the end of year 2024, China LED lighting market is forecasted to witness a shipment of US$ 24 Billion. – PowerPoint PPT presentation

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Title: China LED lighting market is US$ 29 Billion mark by 2025 - Renub Research

China LED lighting market
China LED lighting market
Report Description and Highlights
According to Renub Research latest report "China
LED Lighting Market, Volume by Applications
(Industrial, Outdoor, Residential, Commercial),
Companies (MLS Co Ltd., Philips Lighting, Osram,
Cree Inc., Foshan Electrical Light)" lighting
market in China is forecasted to cross the US 29
Billion mark by the year-end of 2025. LEDs
provide numerous advantages over traditional
lighting products such as longer shelf life,
improved efficiency, environment-friendly,
controllable, do not emit radiation, and use less
power. LEDs are highly efficient in terms of
energy and use significantly less power than
incandescent bulbs. LED lights are increasingly
replacing traditional lighting items in China,
powered by their numerous advantages. By
providing large-scale subsidies for the adoption
of LED products, the Chinese government also
plays a significant role in driving sector growth.
China LED lighting market
China LED lighting market
The National Development Reform Commission
announced the country's incandescent bulb
phase-out roadmap in November 2011 the Chinese
government also banned incandescent bulbs in the
country. Some of the other key drivers of China's
LED market include infrastructure expansion,
price reductions, local energy savings goals, and
increasing rates of urbanization. Increasing
demand in China for LED lighting boosts the
market for LED light. Chinese LED manufacturers
to focus primarily on LED light research
development, cost reduction, energy efficiency,
and long life environmentally friendly. The
demand for lower-end LED products in China is
high, but in this segment, there is also stiff
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China LED lighting market
China LED lighting market
In China, LED lighting penetration is multiplying
due to supporting government policies that help,
to a great extent, the manufacturer and
distributor of LEDs. The Chinese government
banned more than 100 watts of incandescent bulbs
in 2012 and 15 watts in the year 2016. In China,
numerous measures have been taken by the National
Commission for Development and Reform (NDRC) and
the Ministry of Finance (MOF) to implement
subsidies for the proliferation of LED lighting
products. LEDs are highly efficient, reliable,
and have a longer life span, which is expected to
improve their application in indoor and outdoor.
Compared to incandescent lamps, these lights are
cost-effective, offering about 50,000 hours of
illumination with a limited amount of energy
consumed. Lower operating costs and lower heat
losses often make them an acceptable substitute
for incandescent lights. Technological advances,
moving from traditional to green lighting,
improved standards for energy efficiency, and
falling prices also have boosted demand.
China LED lighting market
China LED lighting market
Market Summary By Application Market, volume,
and market share of Industrial, Residential,
Commercial, Outdoor are covered in this
research report. By Key Players Market share,
sales analysis, latest development, and trends
are covered for following companies MLS Co Ltd,
Philips Lighting, Osram, Cree Inc, and Foshan
Electrical Light in the research report.
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China LED lighting market
Key Topics Covered in China LED lighting market
  • Key Topics Covered
  •  Introduction
  • 2.    Research Methodology
  • 3.    Executive Summary
  • 4.    China LED Lighting Market Analysis (2010
  • 5.    China LED Lighting Volume Analysis (2010
  • 6.    Market Share China LED Lighting
  • 6.1    By Application (Industrial, Residential,
    Commercial Outdoor)6.2    By Key Players
    (MLS Co Ltd, Philips Lighting, Osram, Cree Inc,
     Foshan Electrical Light)

China LED lighting market
Key Topics Covered in China LED lighting market
7.    Application China LED Lighting Market
(2010 2025) 7.1    Industrial LED Lighting
Market 7.2    Outdoor LED Lighting Market7.3  
 Residential LED Lighting Market 7.4  
 Commercial LED Lighting Market 8.  
 Application LED Lighting Volume (2010
2025) 8.1    Industrial LED Lighting Volume 8.2
   Outdoor LED Lighting Volume8.3    Residential
LED Lighting Volume 8.4    Commercial LED
Lighting Volume 9.    China Government Policies
on LED Lighting 10.    Price Analysis of LED
lighting Products by 7W LED, 9W LED 12W 11.  
 China LED Lighting Value Chain 12.    LED
Lighting Standards in China
China LED lighting market
China LED lighting market
13.    Growth Factors 13.1    New Technology and
Applications Generate Growth13.2    Chinese LED
Manufacturer Expanding their Business13.3  
 Factors Propelling the Growth of China LED
Lighting Market 14.    Key Challenges 14.1  
 Over Competition in the Entire Industrial
Chain 15.    China - Key Players Analysis 15.1
   MLS Co Ltd15.2    Philips Lighting15.3  
 OSRAM Licht15.4    Cree Inc15.5    Foshan
Electrical Light
China LED lighting market
China LED lighting market
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China LED lighting market
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