Basic Overview of Chinese Outdoor Lighting Industry-2

Basic Overview of Chinese Outdoor Lighting Industry-2

Development Status of Outdoor Lighting Industry in China

Tauras Tech Co., Ltd


The development of China's outdoor lighting industry is almost in sync with the development of China's lighting industry, which has experienced a development process from primary to middle and then to high level. According to relevant statistics, in 2018, the outdoor lighting market size in China was about 141.33 billion yuan, among which, the LED outdoor lighting market size was about 95 billion yuan.

After years of development, China's outdoor lighting industry has formed high-quality production bases such as Zhongshan Guzhen Town, Yuyao Liangnong Town, Gaoyou City Guoji Town, Danyang City Jiepai Town, Shenzhen City and so on. In addition, after years of industrial integration and remodeling, China's outdoor lighting has formed five major production areas in Jiangsu, Zhejiang, Shanghai, Fujian and Guangdong, and the number of enterprises in five provinces and cities accounts for more than 80% of the total number of enterprises in the industry.

In recent years, with the continuous improvement of the economic level, the continuous promotion of urbanization and the continuous acceleration of smart cities, China's outdoor lighting industry has also ushered in a rapid development. Outdoor lighting industry broad market prospects, attracted a lot of strength LED lighting enterprises have flooded into the layout, the market competition is further intensified.

In summary, the development of China's outdoor lighting industry is not only affected by product and technology iteration, but also deeply affected by multiple factors such as national policies, macro economy, market supply and demand, and industry competition. China's outdoor lighting market as a whole presents a new stage of slow development, incremental market eager to open, a large number of small and medium-sized enterprises, small number of large-scale enterprises, low degree of market concentration and small product homogeneity difference "and other development characteristics.

It can be predicted that with the development of 5G technology, outdoor lighting will gradually develop in the direction of intelligence, and will be integrated into the smart city and other larger categories, in order to create a more energy saving, more environmentally friendly green development trend, which is also the advanced stage of outdoor lighting industry development.

Post time: Apr-02-2021