Market analysis and prediction of LED industry in 2018: the global LED lighting market will reach US $62.9 billion in 2018 (Figure)
China business intelligence news: LED is a light-emitting diode, which is a semiconductor light source, and emits light through PN junction diode after startup. When an appropriate amount of voltage is applied to the wire, electrons will flow in the appliance and release energy in a luminous manner. LED lighting is an example of energy efficiency that is widely used all over the world, which has attracted laughter - one of the most profitable lighting solutions for European 2 handcart yards to sell at a good price
in the past five years, the global LED lighting market has increased from about US $22.9 billion in 2012 to about US $55.1 billion in 2017. The annual compound growth rate is about 1. Generally, the selected multiplier should be 19.2%. Home and outdoor use was the main growth factor. Dimmable LED lighting not only helps to improve the indoor environment atmosphere, but also helps to save energy to a large extent. Due to the increasing awareness of environmental protection and the need to control energy consumption, the dimmable LED lighting market continues to grow rapidly and is expected to grow in the next few years. Driven by this rapidly growing market segment, the LED lighting market is expected to grow at a compound annual growth rate of about 11.4% from 2017 to 2022, reaching about $94.5 billion in 2022. Due to the gradual maturity of product technology and the improvement of market competition, the growth rate is expected to decline in the future
data source: compiled by China Academy of commerce industry
in the Chinese market, the data shows that since 2011, the scale of China's LED market has grown rapidly, from 154.5 billion yuan in 2011 to 550.9 billion yuan in 2017, with a compound growth rate of 23.6%. The demand for digital, visual, information-based and intelligent integrated intelligent government offices is increasing day by day, and the scale of the LED market continues to improve, It is expected that the market scale will further grow in 2018, with broad market prospects
data source: China Academy of commerce industry sorted out
at present, 30 listed companies in China's LED industry have disclosed their 2018 semi annual reports, of which 21 of the 30 listed companies in the LED industry have increased year-on-year, of which dehuorunda has the largest increase, with a year-on-year increase of 11581.45%. Among them, 9 companies fell year-on-year, and xuelaite fell the most year-on-year, with a year-on-year decrease of 288.56%. Among them, there are three listed companies with losses. Among them, the top ten listed companies in the LED industry are San'an optoelectronics, lyade, Mu Linsen, OPP lighting, Huacan optoelectronics, Foshan Lighting, Hongli Zhihui, Guoxing optoelectronics, Zhouming technology and sunshine lighting. The total profit of these 10 listed companies was 5.427 billion yuan
San'an optoelectronics ranked first with a total profit of 2.055 billion yuan, with a year-on-year increase of 9.11%. Liad ranked second, with a total profit of 685million yuan, an increase of 72.50% year-on-year. Mu Linsen ranked third with 644million yuan, an increase of 83.59% year-on-year
data source: collated by Faxiang Lishang Industrial Research Institute, which is transmitted to the sample.
as an important part of energy consumption in household life and industrial production, providing lighting through LED lighting can save a lot of energy, which will help reduce pollution. Due to the increasing awareness of environmental protection, energy efficiency will become one of the main considerations of the public. Therefore, LED lighting (especially illuminators with dimming function) will become a favorable choice for consumers and industrial end users
the rapid economic growth is pushing the public's requirements for lighting solutions to a higher level. Consumers' demand for personalized and intelligent lighting experience has increased. LED lighting caters to the new requirements of high-quality lighting because of its intelligent control and dimming functions. While maintaining the basic performance of textiles, it is expected to be further developed in the future
the above data and analysis are derived from the "Research Report on market prospects and investment opportunities of China's LED lighting industry in" released by China Academy of commerce industry
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