In 2015, the Lighting and Bulb Manufacturing industry is expected to generate $21.8 billion, up 4.1% from 2014. Over the five years to 2015, industry revenue has been growing at an annualized rate of 11.3%. The industry has developed steadily driven by supportive government policies and increasing disposal incomes. With product upgrades and rising demand for high-end products, industry profit is estimated at 7.2% of revenue in 2015.
Two of the top five players within this industry are wholly owned foreign companies and another is a sino-foreign joint venture. In addition, exports contribute a large share of revenue, about 25.7% in 2015.
The Lighting and Bulb Manufacturing industry in China mainly manufactures electronic light bulbs (light generated by electronic current through tungsten filament) and gas discharge lamps (light generated by gas discharge when electronic current runs through the electrodes at both ends).
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.