2020 LED lighting up half the sky


Posted June 29, 2022 by jojo123

In 2014, the global lighting market is more than 11.2 billion US dollars and is expected to continue to maintain steady growth momentum in the coming years.

 
In 2014, the global lighting market is more than 11.2 billion US dollars and is expected to continue to maintain steady growth momentum in the coming years. One of the biggest art markets professional lighting, professional lighting, systems, and related services revenue of $ 43 billion, 39% seize market share; automotive lighting market revenues of $ 21 billion, 19% seize market share; consumption lamps and systems revenues of $ 19 billion, 17% seize market share.

Global lighting industry market growth of nearly 2010--2014 global compound annual growth rate of 3% is expected in 2020 will maintain this growth rate. 2020 global lighting market revenue will soar to $ 133 billion, these growth drivers for the development of new markets and more and more families use electricity.

2010 Traditional lamps and traditional bulbs' market share was 51% and 14%, dominating the market. 2014 Traditional lamps and traditional bulbs' market share fell to 41% and 12%, while the LED lamp market share jumped from 5% to 15%. led explosion proof lights https://www.eneltec-led.com/products/led-explosion-proof-lights

However, dramatic changes to the lighting market in 2020 will occur. Then LED will dominate the market, seizing 45% market share; followed by automotive lighting market share in 2010 from 17% to 19%; traditional lamps and conventional light bulb market share slipped to 11% and is expected to be 4%, respectively. best led headlights http://bestledheadlight.com/
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Last Updated June 29, 2022