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Home » News » Industrial News » The lighting engineering market is huge, and the industry faces technological upgrading challenges.

The lighting engineering market is huge, and the industry faces technological upgrading challenges.

Views:0     Author:Site Editor     Publish Time: 2019-02-25      Origin:Site

The upstream industry of the lighting engineering industry supplies lighting products and other engineering materials. The downstream customers mainly include government, real estate developers and other construction entities. With the continuous advancement of LED technology, its luminous efficiency is improved and its cost is reduced. LED lighting has become one of the important lighting products in the lighting engineering industry, effectively solving the problems of energy conservation, environmental protection and light pollution, and promoting the sustainable development of China's lighting engineering industry.


According to the "2019-2023 China Lighting Engineering Market Feasibility Study Report" released by the New World Industrial Research Center, in 2017, China's lighting engineering industry market size was 382.97 billion yuan, an increase of 11.85%; expected by 2020, China The scale of the lighting engineering market will reach 551.9 billion yuan, and the industry continues to maintain a good momentum of development.


China's urbanization rate has reached the international average level, but there is still a certain gap compared with developed countries, and there is still room for improvement. The urbanization construction will drive the demand of the urban lighting market. With the continuous advancement of China's urbanization process, the investment in municipal infrastructure construction will continue to grow, and the demand for urban lighting market will also increase rapidly. Energy conservation and environmental protection is an important strategic requirement of the country. The demand for replacement of traditional high-energy lamps is huge. Under the promotion of national policies, LED lighting for large and medium-sized cities has been gradually completed, and small cities and rural areas in rural areas have to replace demand. In the field of urban basic lighting, China's lighting engineering industry still has a lot of room for development.


In addition to the demand for basic road lighting, urban landscape lighting demand is also growing rapidly. The cultivation of special towns in China continued to advance, and the construction of towns ushered in a boom. The demand for landscape lighting and night lighting continued to expand, bringing huge market space for lighting projects in China. China's international influence has been continuously improved, and more and more international conferences have been held. In order to highlight the national image, create regional city business cards, and promote the development of tourism and consumption industries, the government's investment in landscape lighting has been increasing, and it is also the lighting engineering industry. Come to a huge market.


In general, China's lighting engineering industry has broad prospects for future development. However, China's lighting engineering industry is in the growth stage, with a large number of small and medium-sized enterprises, fewer scale enterprises, low market concentration and fierce competition. A small number of lighting engineering enterprises with large scale and advanced technology in China are mainly concentrated in East China and North China. They are mainly developed cities such as Beijing, Shanghai and Shenzhen, and there are no national leading enterprises. As the market demands continue to improve, the weak enterprises will gradually be eliminated, and powerful enterprises will expand their enterprise strength through mergers and acquisitions, and the industry concentration is expected to increase.


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