Commercial Segment of LED Lighting Market in China holds the Highest Market Share
In China, Commercial segment of LED lighting market dominates the LED market share compared to other segments. Other LED lighting segments such as Residential LED lighting market, Industrial LED lighting market and Outdoor LED lighting market is also performing well in China. Moreover implementation of LED lighting standard in china will further shift the LED lighting into high quality LED product.
Due to cutting edge technology & Innovation in Led lightening products, prices of Led bulbs is gradually diminishing & reaching closer to the conventional lightening products
Year on Year, due to cutting edge technology and innovation in Led lightening products, the average price of Led bulbs is gradually diminishing and reaching closer to the conventional lightening products. Therefore, as of now, the demand of led lightening products especially in residential and commercial lightening market is expanding.
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