The LED landscape lighting market is expected to exceed 150 billion RMB in 2020.
Published Time:
2021-08-03
Lighting engineering is a discipline that uses natural or artificial lighting systems to meet the illuminance, luminance, color rendering, and specific visual effects of illuminated surfaces in indoor spaces and outdoor spaces such as roads, squares, scenic spots, parks, and buildings through specific design, technology, and engineering.
Lighting engineering refers to a discipline that utilizes natural or artificial lighting systems to meet the illuminance, luminance, color rendering, and specific visual effects of illuminated surfaces in indoor spaces and outdoor spaces such as roads, squares, scenic areas, parks, and buildings, through specific design, technology, and engineering. Lighting engineering involves optics, electricity, aesthetics, architecture, computer science, and other disciplines, and is a comprehensive and systematic engineering project. The lighting engineering industry is a typical technology and capital-intensive industry.
In recent years, China has made significant progress in the core technologies of LED lighting products, narrowing the gap with international standards; LED lighting products have been widely used in urban landscape lighting, road lighting, and commercial lighting, and application technologies have matured; the market for LED lighting products continues to expand, with applications continuously increasing, and LED lighting has become the mainstream of the lighting industry. Simultaneously, the introduction and implementation of the national green lighting project and related policies have directly driven the rapid development of the LED lighting market. LED lighting products will maintain strong development momentum, gradually and even completely replacing other existing lighting products.
With the continued development of China's economy and the improvement of people's living standards, the domestic LED lighting engineering market maintains rapid growth. According to data from the National Semiconductor Lighting Engineering R&D and Industry Alliance, in 2018, the market size of China's LED application industry reached 608 billion yuan, while LED landscape lighting accounted for 16.50% of the LED application industry market, with a market size of 100.32 billion yuan, a year-on-year increase of 26.01%, a growth rate higher than the entire LED application market. It is estimated that the LED landscape lighting market size will exceed 150 billion yuan in 2020.
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