According to the "Blue Book of China's Semiconductor Lighting Industry Development in 2019" released by CSA research, the total output value of China's LED semiconductor lighting industry in 2019 reached 754.8 billion RMB, an increase of 2.4% year-on-year, of which the downstream general lighting sector output value reached 270.7 billion RMB, a year-on-year increase of 1%. , The domestic LED lighting market is highly fragmented. Op Lighting is the largest lighting company in the domestic lighting product sales year. In 2019, the company's lighting product sales accounted for only 3% of the general lighting market.
With the slowdown of real estate growth and the impact of channel changes, the lighting industry is facing an increasingly fierce market competition environment. Based on a three-dimensional and diversified channel structure, Op Lighting continues to cultivate in home furnishing, e-commerce, commercial, and overseas business platforms.
The overall market size of the LED industry in 2019 is about 820 billion
Affected by factors such as the decline in demand growth and the decline in product prices caused by overcapacity, the overall market size of the LED industry in 2019 is about 820 billion, a year-on-year growth rate of about 10.41%, which is 3.09 percentage points lower than in 2018; The market growth rate of LED application products, LED packaging and LED chips will all decline.
China's lighting exports in the first three quarters of 2019 increased by 32.42%
According to the database of the China Business Industry Research Institute, China's exports of lamps, lighting devices and parts have gradually increased in the first to third quarters of 2019, an increase of 32.42%. In September 2019, the export value of Chinese lamps, lighting devices and parts was 2494.1 million US dollars, an increase of 12.9% year-on-year.
Country’s LED lamp market share in 2017 was 69.1%
According to the "2016-2017 China Semiconductor Lighting Product Market Research Report", my country's LED lamp market share in 2017 was 69.1%, of which LED lamps in indoor lighting accounted for 68.8%; my country's LED lamps in 2016 The market share is 48.7%, of which LED lamps in indoor lighting account for 47.7%; in 2016 and 2017, the market share of outdoor lighting street lamps is about 20%, and that of landscape lighting LEDs 100%.
The scale of my country's landscape lighting market will be nearly 100 billion in 2020
At present, my country has become the world's largest landscape lighting market. In 2018, the scale of my country's landscape lighting market was nearly 80 billion RMB, with a growth rate of about 15%. It is expected that during the "13th Five-Year Plan" period, it will continue to increase by more than 10%. The industry scale will reach nearly 100 billion RMB by 2020. The market scale of the lighting engineering industry is huge, highlighting huge prospects.
