Global LED Industrial Lighting Market Value USD2.93 Billion in 2016

Global LED industrial lighting market value will achieve USD2.93 billion in 2016, and will be further increased with annual growth rate 16%, estimated to achieve USD3.94 billion in 2018. The world top 3 markets in global LED industrial lighting are Europe, US and China.

Press Release - Jan 25, 2016

Shenzhen, China, January 25, 2016 (Newswire.com) - In Europe market, indoor and outdoor LED industrial lighting projects are developed in recent years, especially more and more demand for LED high bay lights and LED flood lights. The most popular application is to replace 400W MH lamps with LED high bay lights with power between 150W and 250W at CCT 4000K/5000K, requested lifespan 50,000 hours.

In US market, the government rebate is not only applied for LED light source products, but also for outdoor lighting and industrial lighting fixtures. According to DOE latest report, conventional HID and fluorescent lamps do not meet economy demand in energy saving, while LED lighting efficiency is being increased, the conventional lamps will be replaced gradually, which will result in more demand for LED industrial lighting.

Thanks to the keep increasing energy saving performance of LED industrial lighting, more and more conventional lamps will be replaced.

Hitecnico is Solution Provider for Lighting Projects with Strong Advantage in led flood lights, parking lot lights, streetlights, tunnel lights, canopy lights, high bay lights.

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Tags: HITECNICO LED, LED canopy lights, LED lights, LED parking lot lights, LED street lights

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Hitecnico is Solution Provider for Lighting Projects with Strong Advantage in
led flood lights, parking lot lights, streetlights, tunnel lights, canopy lights, high bay lights.

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