LED lighting supplier product exports are expected to grow by 1 in the next 12 months

According to recently released the "China LED lighting industry sourcing report" shows that due to the wide application of LED lighting, LED lighting 81% mainland suppliers are expected in the next 12 months, exports will increase 10% or more.

As LED lighting applications become more widespread, and the prices of vacuum diodes and other major components continue to fall, most suppliers are optimistic about market growth. In daily lighting applications, LED lighting has accelerated to become the mainstream of the market, in some developed countries in Europe and the United States more obvious, and this trend will promote the development of LED lighting products more diversified. At the same time, suppliers in the Chinese market are working to improve product performance and application flexibility to enhance their export competitive advantage.

The vast majority of respondents LED lighting supplier plans in the next few months, to increase the use of universal lighting, as well as to improve the design of Optics and lighting, to enhance the output and quality of light R & D investment. In addition, the majority of suppliers are expected to export strong growth in the EU as the main export destination, will also expand the production scale, the production of more types of lighting products to meet these needs.

Source: LEDinside