The future development of LED lighting is limitless
Everyone wants to quickly occupy the market, but quality is the most important for consumers. Quality is the fundamental to the survival of enterprises, LED lights, T8 LED lights, discharge lamps, incandescent lamps, and lamps. The luminaires are further divided into ceiling lights, bar lights, hidden lights and chandeliers. Lighting applications include commercial areas, industrial areas and residential areas. In the forecast period, Asia-Pacific region will have the largest demand for lighting products, and it is expected that by the year 2025, the scale will reach US$147.5484 billion, with a compound annual growth rate of 13.4%. The Middle East and Africa are the second largest markets with a CAGR of 10.2%.
Demands for high power and long life bulbs and lamps are growing on the market. The industry is also continuously innovating and improving. For example, the development of high-density discharge lamps, LED lamps, and OLED lamps has greatly promoted the development of the lighting market. And because of the high power and long service life of this type of light bulb, it is more and more popular with consumers.
The urbanization of developing countries and the emphasis on high-efficiency urban intelligence in developed countries are the main reasons for the growth of global lighting products. Lotte Lighting has been specializing in product development and after-sales services for more than 10 years, and has been more and more customers. Attention