Market Value USD470 Million for LED Luminaires for Hazardous Areas Lighting in 2020

Press Release - Dec 1, 2015

Shenzhen, China, December 1, 2015 (Newswire.com) - As reported, in 2015 the market value will reach USD190 million for LED luminaires for hazardous areas lighting, and will grow to USD470 million till 2020 with a CAGR 19.35%.

LED luminaires are becoming more and more popular because of the advantages of strong, reliable, generally used, directional, instant start, high efficiency and durable. Thanks to the manufacturing technology improvement in bright and white LED luminaires in the last years, it is a good choice to use them to replace conventional incandescent bulbs.

Fast industrialization supplies power for LED industrial lighting solutions and strict indoor and outdoor lighting requirements including hazardous areas in which safety and maintenance is always worried by people. Therefore, LED luminaires for hazardous areas lighting is booming.

Share:

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

About HITECNICO

View Website

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.

HITECNICO
B1, St George Science and Technology Industrial Park, Outer Ring Rd, Baoan
Shenzhen, Guangdong 518104
China
3000 LED Streetlights Will Be Installed in Dadukou District of Chongqing City
News from Dadukou Municipality Management Bureau, 3000 LED streetlights will be installed in the district area within this year, after that more than 8000 LED street lighting in the district, which will save 4.5 million KWH annually.
HITECNICO - Mar 15, 2016
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.
HITECNICO - Jan 25, 2016
Guangdong LED Lights Export Amount Exceeds USD20 Billion in 2015
In 2015, Guangdong LED lights export amount exceeds USD20 billion, taking a share of 42% in China LED lights export amount. The destination export markets are almost in 200 countries, which reflects very good development trend in Guangdong LED industry globalization.
HITECNICO - Jan 14, 2016