Next year, the global LED lighting market will reach 157.1 billion

In 2015, the global lighting market will reach 82.1 billion US dollars (about 502.158 billion yuan). Among them, the LED lighting market will reach 25.7 billion US dollars (about 157.161 billion yuan), driven by the emerging market. Market penetration rate is 31. With the regional observation of the global LED lighting market in 2015, the European region has a market size of 23, although there is no large-scale subsidy policy, but its high electricity price and light culture differences make LED in commercial lighting. Demand for outdoor architectural lighting is increasing. 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.

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