Guangya Exhibition: foreign companies generally optimistic about China's future LED lighting market

Introduction: LED is still the protagonist of this year, from the pattern of exhibit remarkable.

The world's largest lighting exhibition and LED Exhibition - the nineteenth Guangzhou International Lighting Fair opened yesterday in Guangzhou, more than 2200 well-known brands from home and abroad to participate in this exhibition. Many overseas companies are very optimistic about the future development of China's lighting market. The reporter noted, LED is still the protagonist of this year, from the pattern of exhibit remarkable.

Guangya Exhibition: foreign companies generally optimistic about China's future LED lighting market

Pazhou Complex is divided into A, B two, B district for the uniform "LED" exhibition, including the field of professional LED lighting and lighting, LED substrate, LED driving and control, set up a special exhibition hall, A decorative lighting, commercial lighting, professional lighting, outdoor lighting and other brand exhibition area is the main battlefield of the brand LED products to fight the.

It is understood that China's LED market in the past ten years to achieve rapid growth in the future is the money no way. The exhibition founder Pan Wenbo said that this year China's LED output value will reach 420 billion yuan to RMB 450 billion yuan, the next 5 years is expected to exceed RMB 1 trillion yuan. He pointed out that the current Chinese LED penetration rate of only about 20%, is expected to China 80% in the next 5 years will be LED lighting to replace traditional lighting, "the China LED market is still in the counseling and cultivation period, the next 5 years is expected to usher in the outbreak period of growth. Industry concentration will become higher and higher. "