On the coming of the Chinese New Year，
wishing you all a Fantastic, Remarkable, Incredible & Amazing 2022 Year!
May a bright year full of warmth and love await us!
As a daily consumable in the lighting industry, with the progress of my country's economy and society, the emergence of new light sources such as fluorescent lamps, energy-saving lamps, and LEDs has brought about a tremendous evolution of lighting fixtures. Everything is working towards a more energy-efficient, greener and environmentally friendly perspective. The abundance and choice of light sources have also opened a new page in the lighting industry.
In recent years, the core technology of my country's LED lighting products has made great progress, and the gap with the international level has been narrowing; LED lighting products have been widely used in urban landscape lighting, road lighting, and commercial lighting, and the application technology has become more mature; The market of LED lighting products continues to expand, the application scenarios continue to increase, and LED lighting has developed into the mainstream of the lighting industry. At the same time, the introduction and implementation of the national green lighting project and related policies directly promote the rapid development of the LED lighting market. LED lighting products will maintain a strong development momentum and gradually or even fully replace other existing lighting products. LED lighting is undergoing major changes in the lighting industry. In the future, it will enter a new stage of driving LED lighting based on application requirements. Lighting will change from simply taking light to creating an optimized light environment, from fixed functions to intelligent, and from replacing traditional lighting to innovative lighting.
The output and export volume of China's lighting appliances ranks first in the world. China's annual output of energy-saving lamps accounts for more than 85% of the world's total, and most of the energy-saving lamps used in the world come from China.
With the continuous development of my country's economy and the improvement of people's living standards, the domestic LED lighting engineering market has maintained rapid growth. In 2018, the market size of my country's LED application industry has reached 608.000 billion yuan, while LED landscape lighting accounts for 16.50% of the LED application industry market size, and the LED landscape lighting market scale has reached 100.320 billion yuan, a year-on-year increase of 26.01%, and the growth rate is higher than that of the entire LED industry. In the application market, it is expected that the market size of LED landscape lighting will exceed 150 billion yuan in 2020. The rapid development of China's LED technology and the continuous improvement of intelligent control systems will jointly promote the rapid growth of China's high-brightness LED lighting market in 2019, with the market size exceeding 76 billion yuan, a year-on-year increase of 17%. In 2020, the scale of China's high-brightness LED lighting market will exceed 89 billion yuan.
With the entry of foreign capital, the lighting industry has seen a situation of domestic competition and internationalization. Efforts to increase the development of energy-saving light sources and lamps of different grades, patterns and different uses, and speed up the development, promotion and application of green and energy-saving light source products are the structure of my country's lighting industry. The focus of adjustment; at the same time, building one's own advantageous brand is also an important issue for the sustainable development of the lighting industry and the competition for lighting enterprises. China's lighting industry will face unprecedented opportunities and challenges, and the huge commercial benefits brought by it have also become the focus of lighting manufacturers.