echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > China's LED landscape lighting industry has cooled but the demand is still large

    China's LED landscape lighting industry has cooled but the demand is still large

    • Last Update: 2022-03-11
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Market analysis of chemical machinery equipment network ] In recent years, the country has advocated green and energy-saving landscape lighting.
    The penetration rate of LED landscape lighting has continued to increase, and the output value of LED landscape lighting has continued to hit new highs.
    Although the popularity has declined in the past two years, it has benefited from large-scale events The demand for LED landscape lighting in China is still large for the development of night tourism economy and characteristic towns.
    At present, government agencies are the big demanders.

     
    Chemical machinery and equipment network market analysis chemical machinery and equipment
    Policies help LED landscape lighting
     
    Policies help LED landscape lighting
    With the rapid development of urban lighting construction in my country, low-carbon, energy-saving, and environmentally friendly lighting concepts are gradually being proposed.
    The national multi-ministries and commissions jointly promote the transformation of urban landscape lighting, and propose to focus on energy conservation and emission reduction, and focus on the upgrading and transformation of green lighting systems, and strive to transform the development of urban lighting.

     

    Regarding the product technology used in urban landscape lighting, the state has also formulated corresponding policy plans, proposing to develop energy-saving and green semiconductor lighting products represented by LEDs, thereby reducing the energy consumption of landscape lighting.
    The industry has cooled down, but the demand is still large
     
    The industry has cooled down, but the demand is still large
      Benefiting from the country's active promotion of the application of LED technology in landscape lighting, my country's LED landscape lighting output value reached 79.
    87 billion yuan in 2017, an increase of 38% year-on-year, accounting for 15% of the semiconductor lighting application market.

     

      In the past two years, due to "deleveraging" and other factors, my country's LED landscape lighting has gradually recovered its rationality, and the growth rate has slowed down.
    However, cultural and creative tourism, night tourism economy, and large-scale events have greater demand for night scene lighting projects.
    Therefore, the growth rate remains at 10% and above.
    In 2019, the industry output value reached 110.
    8 billion yuan, an increase of 10% year-on-year, accounting for 17.
    34% of the semiconductor lighting application market.
      Government agencies are big demanders in the industry
     
    Government agencies are big demanders in the industry
      The market demand for LED landscape lighting has also changed in recent years.
    As mentioned above, the government has actively promoted the construction of landscape lighting to enhance the overall image of the city.
    The demand for lighting has gradually increased.
    Government agencies have become the big demanders of LED landscape lighting, accounting for about 80%.
    The proportion of commercial real estate in the landscape lighting market has gradually declined, and is currently only 20%.
      However, the two demand for landscape lighting show different characteristics.
    Commercial real estate-led landscape lighting projects are generally independent real estate projects with a relatively small scale and a long implementation period.
    Commercial real estate’s payment method for landscape lighting implementation projects is therefore The payment cycle is longer.
    Landscape lighting projects led by government agencies are generally not independent real estate projects.
    The overall scale of landscape lighting projects is relatively large, with a short implementation period, and tends to integrate "design-implementation-operation and maintenance".
    Therefore, companies are also actively adjusting their strategies to respond to changes in industry demand.
      LED landscape lighting has also shown a significant feature in recent years.
    LED landscape lighting engineering technology has gradually become intelligent.
    During the 7th World Military Games, Wuhan adopted a centralized control cloud platform for viewing lighting to achieve intelligent control of landscape lighting.
    Realize one-key turn on of landscape lighting for more than 4000 buildings, and switch modes and programs at any time.

     

      In the future, LED landscape lighting will completely replace traditional landscape lighting, and will be more environmentally friendly and energy-saving, and at the same time, it will develop in the direction of intelligence.

     

      For more research and analysis of this industry, please refer to the "Analysis Report on Market Prospects and Investment Strategic Planning of China's Landscape Lighting Industry" by Qianzhan Industry Research Institute.
    At the same time, Qianzhan Industry Research Institute provides industrial big data, industrial planning, industry declaration, industrial park planning, and industrial investment promotion.
    Solutions such as investment attraction.

     

      Original title: Market status and development prospect analysis of China's LED landscape lighting industry in 2020 The industry has cooled down but the demand is still large
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.