Analysis Of Status Quo Of LED Lighting Market In China, Japan And Vietnam

- Jun 01, 2018-

Analysis of Status Quo of LED Lighting Market in China, Japan and Vietnam

After years of promotion and application, LED lighting has become the mainstream of lighting application market. With the rapid increase in market penetration in recent years, the decline in the price of LED lighting products has slowed down in 2016. At the same time, some analysts have pointed out that the momentum of market growth has started to slow down, presenting the phenomenon that global demand is hot and cold.

According to the 2016-2021 China LED lighting industry market demand and investment advisory report, with the continuous development of the LED industry, the number of LED companies also showed a trend of rapid increase. In the high-end industrial chain, Japan, the United States, Europe and China and South Korea in the middle and lower reaches of the industrial chain are gradually shifting to emerging markets with lower manufacturing costs. In view of the arrival of the new US President Trump, the industry generally believes that the uncertainty of the US market in 2017 will increase, and emerging markets such as Southeast Asia, the Middle East and other places will have greater growth potential and will be expected to become a hotly contested place for the military...