In 2015, the global lighting market will reach 82.1 billion US dollars. Among them, the LED lighting market will reach 25.7 billion US dollars, and the market penetration rate will be 31. LEDinside research assistant Wu Yingjie said that the regional observation In 2015, the global LED lighting market scale, the European region has a market size of 23, although not seen a large-scale subsidy policy, but its high electricity price and light culture differences, 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. With cost advantages and a complete supply chain, market competition is more intense than other markets, regardless of brand manufacturers, foundries, or emerging lighting. Vendors and packaging manufacturers, in addition to significantly increasing the penetration ratio of LED lighting, 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.
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