A Summary of Trends Given By China Outdoor Lamps Manufacturers Business & Finance
According to the study of LED inside about the LED lighting market outlook in 2019, in 2018-2023, LED lighting market size introduced by China Outdoor Lamps Manufacturers is gradually up that the sale will reach USD $55.6 billion in 2023. The led... moreAccording to the study of LED inside about the LED lighting market outlook in 2019, in 2018-2023, LED lighting market size introduced by China Outdoor Lamps Manufacturers is gradually up that the sale will reach USD $55.6 billion in 2023. The led lighting trends go well continuously.
The global LED Lighting Market trends are different, Europe, Asia and India markets are performed well.There are also sustained growth in Europe that reached USD $8.29 billion in 2018 with expanded at an annual rate of 9.5% and penetration over 50%. And there are most obvious growing in commercial lights, spotlights, filament lamp and decorative lights.There are good in organic revenue for America manufacturers that mainly form American market. Under the influence of the tariffs imposed by the Sino-US trade war and the increase in the price of raw materials, the cost is expected to be transferred to consumers. Because of Japanese economy starting to grow up that its market can accept a higher unit price. And the market... less