Press release
Luminaires Market to Witness Robust Expansion by 2023
A lamp is a light that works by using electricity or by burning oil or gas.
China's lighting market is very large, the current 2011 and 2016 annual output were 2108 and 3612 million Units. It is expected that in 2016-2021, the scale of China's lighting market will grow from 4013.75 million to 5933 million Units.
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Global Luminaires Market: Forecast by Type / Application / Region
NVC lighting, Philips and Opple occupy the highest market share of output (nearly 5%), is the leader of the Chinese lighting market. FSL, Leedarson Luminaire, PAK and Topstar are important lighting supplier.
The proportion of traditional lighting in the Chinese market continued to decline, its revenue in 2011 and 2014 were 68.98%, 55.13 %. LED lamps will gradually replace the traditional lamps. In addition, home lighting is the main application of the current lighting industry, sales in 2015 accounted for 70.34%.
Over the next five years, LPI(LP Information) projects that Luminaires will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Luminaires Market: Key Players
NVC
Philips
Opple
FSL
Leedarson Luminaire
PAK
Topstar
Osram
Liaoyuan Lighting
TCP
Panasonnic
Huayi Lighting
Toshiba
TCL
Forest Lighting
Kingsun Optoelectronic
Feilo Acoustics
Hongyar Electrical
Midea
Yankon
NPU
Handson
GE Lighting
GY LED
Thorn
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Related Information:
United States Luminaires Market Research Report 2018
Europe Luminaires Market Research Report 2018
North America Luminaires Market Research Report 2018
Asia-Pacific Luminaires Market Research Report 2018
China Luminaires Market Research Report 2018
EMEA Luminaires Market Research Report 2018
Global Luminaires Market Research Report 2018
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