Market Overview:
The China LED market is expected to exhibit a growth rate (CAGR) of 20.2% during 2023-2028.
LEDs offer numerous advantages over conventional lighting products such as longer shelf life; higher efficiency; environment friendly; controllable; emits no radiation; and uses lower power. LEDs are highly energy efficient and consume significantly less power compared to incandescent bulbs. Driven by their numerous advantages, LED lights are rapidly replacing conventional lighting products in China. The Chinese government is also playing a major role in driving the growth of the sector by offering large scale subsidies for the adoption of LED products. Moreover, the Chinese government has also banned incandescent bulbs in the country with the National Development and Reform Commission first announcing the country’s incandescent bulb phase out roadmap on November 2011. Some of the other key factors driving the LED market in China include infrastructure growth, reducing prices, local energy savings targets and rising urbanization levels.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
This report provides a deep insight into the China LED market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for LED manufacturers, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the China LED market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the China LED market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, application and installation type.
Breakup by Region:
- Guangdong
- Jiangsu
- Shandong
- Zhejiang
- Henan
- Others
Breakup by Product Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Panel Lights
- Down Lights
- Street Lights
- Tube Lights
- Bulbs
- Others
Breakup by Application:
- Commercial
- Residential
- Institutional
- Industrial
Breakup by Installation Type:
- New Installation
- Retrofit Installation
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Application, Installation Type, Region |
Region Covered |
Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the China LED market performed so far and how will it perform in the coming years?
- What are the key regional markets in the China LED industry?
- What has been the impact of COVID-19 on the China LED industry?
- What is the breakup of the China LED market on the basis of product type?
- What is the breakup of the China LED market on the basis of application?
- What is the breakup of the China LED market on the basis of installation type?
- What are the various stages in the value chain of the China LED industry?
- What are the key driving factors and challenges in the China LED industry?
- What is the structure of the China LED industry and who are the key players?
- What is the degree of competition in the China LED industry?
- What are the profit margins in the China LED industry?