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The LED landscape lighting market is expected to exceed 150 billion in 2020

The LED landscape lighting market is expected to exceed 150 billion in 2020

2021-08-03

Lighting engineering refers to the use of natural light or artificial lighting systems in indoor spaces and outdoor spaces such as roads, squares, scenic spots, parks, and buildings through specific design, technology and engineering to meet the illuminance, brightness, and brightness of the illuminated surface. The subject of color rendering and specific visual effects. Lighting engineering involves optics, electricity, aesthetics, architecture, computer science and other disciplines. It is a comprehensive and systematic project. The lighting engineering industry is a typical technology and capital-intensive industry.

In recent years, the core technology of my country’s LED lighting products has achieved rapid development, and the gap with the international level has been narrowing; LED lighting products have been widely used in urban landscape lighting, road lighting, and commercial lighting. At maturity; the market for LED lighting products continues to expand, and the application scenarios continue to increase. LED lighting has developed into the mainstream of the lighting industry. At the same time, the introduction and implementation of the national green lighting project and related policies directly promote the rapid development of the LED lighting market. LED lighting products will maintain a strong momentum of development, gradually and even completely replacing other existing lighting products.

With the continuous development of my country's economy and the improvement of people's living standards, the domestic LED lighting engineering market has maintained rapid growth. According to the National Semiconductor Lighting Engineering R&D and Industry Alliance data, the market scale of my country's LED application industry in 2018 has reached 608 billion yuan, while LED landscape lighting accounted for 16.50% of the LED application industry market scale, and the LED landscape lighting market scale reached 100.32 billion yuan. A year-on-year increase of 26.01%, the growth rate is higher than the entire LED application market, it is expected that the scale of the LED landscape lighting market will exceed 150 billion yuan in 2020.

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