LED outdoor lighting is mainly composed of LED functional lighting and LED landscape lighting. LED outdoor functional lighting mainly includes street lights, tunnel lights, courtyard lights, high pole lights, etc. LED outdoor functional lighting has high driving power and working environment. Harsh, high technical requirements; LED landscape lighting mainly includes wall washer lights, flood lights, guardrail tubes, light strips / bars, courtyard lights, pixel lights, etc. LED landscape lighting has lighting, art level, cultural taste Definitely required.
In recent years, with the acceleration of the process of beautifying cities, developing night travel economy, increasing income, and enhancing the happiness of urban residents, the economic and social values of outdoor landscape lighting have been continuously tapped to promote the continued growth of the overall market size of LED outdoor lighting. According to the data from the LED Industry Research Institute (GGII), the size of China's outdoor lighting market reached 95 billion yuan in 2018, of which the LED outdoor functional lighting market size reached 17 billion yuan, a year-on-year increase of 19.7%; the LED landscape lighting market size reached 78 billion yuan, a year-on-year increase of 15.04%. However, due to the impact of the economic environment at home and abroad, weak market demand, and trade friction between China and the United States, the export of LED outdoor lighting products has been greatly affected, resulting in a slowdown in the growth rate of the LED outdoor lighting market in 2018. Compared with 2017, the growth rate has dropped by more than 6 percentage points.
According to the analysis of the LED Industry Research Institute (GGII), with the continuous progress of urbanization, the rapid development of LED technology, the continuous improvement of intelligent control system development, the continuous decline of costs, and the hardware basic conditions are already in place, the outdoor lighting market demand in 2019 It will still grow rapidly, and China's outdoor lighting market will approach 110 billion yuan.
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