LED lighting, also known as solid state lighting, is a semiconductor-based lighting technology. LEDs emit light based on the electroluminescence principle, which gives them high luminous efficacy. Also, LEDs are compact in size and are more power efficient as well as brighter than traditional lighting technologies such as incandescent and fluorescent lamps. Owing to these advantages, customers prefer to use LEDs for general lighting applications. In China, LEDs are gaining more importance due to their power and luminous efficacy. Moreover, the government also supports the adoption of LED lighting to a large extent. Thus, China is becoming one of the largest potential markets for LED lighting.
Analysts forecast the LED Lighting market in China will grow at a CAGR of 26.9 percent over the period 2013-2018.
Covered in this Report
The LED Lighting market in China covers the end-user segments which made a significant contribution to market revenue in 2013. The key end-user segments covered in this report are the Commercial, Industrial, Outdoor, and Residential segments. The report also discusses China’s 12th Five Year Plan and its implications for the market and value chain for the forecast period.
The LED Lighting Market in China 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market dynamics in China; it also covers the LED Lighting market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- Dongguan Kingsun Optoelectronic Co. Ltd.
- Koninklijke Philips Electronics NV
- NVC Lighting Holdings Ltd.
- Opple Lighting Co. Ltd.
- Osram Licht AG