Revenue for the Lighting Equipment Manufacturing industry in China has been increasing at an annualized rate of 18.9% to $49.3 billion. As a major lighting equipment producing and consuming country, China's domestic demand has grown and anticipated 5.3% annually over the period. About 13.0% of China's total electricity consumption goes toward lighting equipment.
The industry remains heavily reliant on exports, which are set to account for 71.9% of industry revenue in 2015. International trade was high and grew steady over the past five years, with increasingly sophisticated technology and an expanding industry scale in China. Exports are expected to grow 20.4% in 2015.
The Lighting Equipment Manufacturing industry in China comprises establishments that manufacture electric lighting equipment including civil, construction, industrial, agricultural, medical, art and ornamental lamps and lanterns, as well as non-electric lighting equipment. It does not include the manufacturing of vehicular lamps and lanterns or their components.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.