China LED Lighting Market is forecasted to be US$ 24 Billion by 2024

1
China LED Lighting Market
Category Heavy Industries Market Report
2
China LED Lighting Market Forecast Analyst View
China LED Lighting Market is expected to
surpass US 24 Billion by the end of year
2024. Get Free Customization in this Report Press
Release Title China LED Lighting Market is
forecasted to be US 24 Billion by 2024 For more
Information http//www.renub.com/china-led-lighti
ng-market-is-forecasted-to-be-us-24-billion-by-202
4-65-nd.php Research Report Title China LED
Lighting Market Size, Volume, Market Share By
Applications (Industrial, Outdoor, Residential,
Commercial), Companies (MLS Co Ltd., Philips
Lighting, Osram, Cree Inc., Foshan Electrical
Light)

3
China LED Lighting Market is expected to surpass
US 24 Billion by the end of year 2024.
Access Full Research  http//www.renub.com/china
-led-lighting-market-size-volume-market-share-appl
ications-companies-p.php By the end of year
2024, China LED lighting market is forecast to
witness a shipment of US 24 Billion. Year on
Year Chinas lighting industry has been on the
rise and the country has become a leading world
lighting consumer compared to last 20 years. The
growth in China LED industry is due to mounting
consumer demand for energy-efficient lighting
systems, lessening in prices of LED, and high
penetration of LED as a light source in the
general lighting market are expected to drive the
growth of this market. Chinas lighting market is
experiencing shifts from conventional lighting to
LED technology.   Request a free sample copy of
the report http//www.renub.com/contactus.php

4
China LED Lighting Market
Evolution of LED In the year 2000,
Light-Emitting Diode was developed. LED is an
electronic device that discharges light when an
electrical current is passed through it. Its main
characteristic, compared to traditional lighting
technologies such as incandescent light or
compact fluorescent lamp, lies in its improved
durability and energy saving. LED consumes on an
average 85 percent less energy than bulb, have a
longer lifespan and last 15 up to 20 years. The
energy efficient nature of LED allows them to
produce a brighter light than other types of
bulbs while using less energy. They are
environment-friendly they dont contain any
toxic substance or gas contrary halogen bulb,
which contains mercury for instance. LED market
covers a large scope of applications provides
shop, residential, office, hospitality,
industrial, outdoor and architectural solution
lighting.

5
Key players in the China LED Lighting market
include MLS Co Ltd., Philips Lighting, Osram,
Cree Inc., Foshan Electrical Light

6
China LED Lighting Market
Chinas Government enthusiastically backing Led
Lighting For promoting high-efficiency LED
lighting products, National Development and
Reform Commission (NDRC) and Chinas Ministry of
Finance (MOF) had collaborated to look after
interim measures on administration of financial
subsidies. The actions like financial subsidies
to promote LEDs lighting. In the current
scenario, Local governments have been more rapid
in response than Chinas central government in
implementing LED subsidies. China, Guangdong
Province, consist of the largest LED industry
size and has relatively higher amount of
subsidies. As of 2013, Foshan in Guangdong
Province, Dongyuan, Zhongshan and many other
cities have launched several subsidy projects to
promote LED lighting products in mass level. In
the mean time, Power costs saved by LEDs are all
used to subsidize construction projects in
Zhongshan city.   Access full Research  http//ww
w.renub.com/china-led-lighting-market-size-volume-
market-share-applications-companies-p.php LED
meets the need of energy efficient light source
imposed by most government. Environmental
protection and energy conservation concerns have
risen in recent years due to climate change.

7
Scope of the Report for China LED Lighting Market
Regulation across the world has become more
stringent and governments offer incentives for
entire building infrastructure in order to
encourage environment-friendly initiatives. Such
as conventional financing (loans and leasing),
new lighting installations can be financed
through government and municipality projects
(public/private partnership, private financing
initiatives) and carbon financing under the Clean
Development Mechanism. Meanwhile, as China
continues to urbanize, the potential demand for
urban public lighting projects is huge. Since,
October 2012, China banned the imports and sales
of all incandescent bulbs over 100 watts, and on
October 1, 2016, steadily extended the ban to
those over 15 watts. Besides, China also plans to
put back CFL with LED on gradual
basis. Commercial segment of LED Lighting market
in China has the highest market share In China,
Commercial segment of LED lighting market
dominates the market share compared to other LED
segments (Residential LED market, Industrial LED
market and Outdoor LED market). Moreover with the
implementation of LED lighting standard, china
will further shift the LED lighting into high
quality LED product.  

8
Table of Contents for China LED Lighting Market
Table of Contents 1. Executive Summary 2.
China LED Lighting Market Analysis (2010
2024) 3. China LED Lighting Volume Analysis
(2010 2024) 4. Market Share China LED 5.
By Application China LED Lighting Market (2010
2024) 6. By Application LED Lighting Volume
(2010 2024) 7. China Government Policies on
LED Lighting 8. Price Analysis of LED lighting
Products by 7W LED, 9W LED 12W LED 9. China
LED Lighting Value Chain 10. LED Lighting
Standards in China 11. Growth Factors (Due to
data confidentiality, growth factors have not
been disclosed in this table of contents) 12.
Key Challenges (Due to data confidentiality,
challenges have not been disclosed in this table
of contents) 13. China - Key Players Analysis

9
Get Free Customization in this Report
Heavy Industries Market Reports http//www.renub.c
om/heavy-industries-31-c.php
Renub Research - North America Rajat Gupta 225 Kristie Ln, Roswell Georgia 30076, United States Tel [phone] Email info_at_renub.com www.renub.com Renub Research - Asia Ankit Mishra C 86, Sector 10 Noida 201301, India Tel [phone] Email info_at_renub.com www.renub.com