2019 LED lighting market development spindle

According to the latest research report of jibang LED research center （LED inside）"2019 lighting level packaging and LED lighting market outlook", the scale of LED lighting market from 2018 to 2023 is gradually increased. The market scale of LED lighting is expected to reach 56.6 billion us dollars in 2023, and the CAGR is estimated to be 9% in 2018 to 2023

Looking into the long-term trend of 2019-2020 lighting market, three major opportunities will become the growth momentum of lighting manufacturers' revenue.Secondly, DLC V5.0 will improve the light quality and luminous efficiency, which will have the opportunity to improve the requirements of the high order lighting market again.In addition, the most important thing is that lighting manufacturers expand the combination of different industries to create business opportunities. At present, we can see the market of architectural smart lighting, human factors lighting, plant lighting, fishery lighting, gymnasium lighting, special lighting and so on.