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The global lighting market will have a total size of 82.1 billion US dollars in 2015
In 2015, the global lighting market will reach US$82.1 billion. Among the emerging markets, the LED lighting market will reach US$25.7 billion and the market penetration rate will be 31. Industry insiders said that the region will observe 2015. The scale of the global LED lighting market, the European market has a market size of 23, although not seen a large-scale subsidy policy, but its high price of electricity and light culture, LED demand in the commercial lighting and outdoor architectural lighting market. The Chinese market has a market share of 21, and China is a country of lighting products manufacturing. With cost advantages and a complete supply chain, market competition is more intense than other markets, regardless of brand manufacturers, foundries, or emerging markets. Lighting manufacturers and packaging manufacturers, in addition to significantly increasing the LED lighting penetration ratio, the development of sales channels is the main development project this year. Looking forward to 2015, thanks to the steady growth of demand in the lighting market, the Chinese lighting market will continue to improve both domestic and overseas. However, the price of the product is affected by the numerous suppliers, and the price competition is intensifying. If the channel is not continuously developed, it will eventually face the crisis of exiting the market.