LED high bay light $12 billion market for mining

“In the next few years LED high bay light market prospect is very big, is expected to total 2017 LED high bay light market will reach the LED street light more than four times.”ENELTEC chairman mentioned in the near future.

LED high bay light $12 billion market for mining

Nowadays around the number of emerging industries and high-tech base, development zones and planning area is growing, according to relevant data statistics, in 2015 the domestic new factory warehouse area has reached more than 500 million square meters.Which LED to the rapid growth of LED high bay light market.

From the perspective of the target market of industrial and mining lamp, the city of the exhibition center, shopping malls, farmers market, supermarket, gym, toll station and other places, also become the growth of large industrial and mining lamp market, the product application scope is very broad.

High yield research institute of LED (GGII), is expected in 2016 LED high bay light markets around the world, up from $2011 in 2 billion to $12 billion, and street lamp only rose from $2011 in 2 billion to $3 billion, by contrast, industrial and mining lamp market growth is really amazing.

“At the same time, the LED high bay lights, relative to other small power indoor lighting products and special, even the essential difference between. First of all, the LED high bay light not like indoor lighting is given priority to with retail, the main customer group is engineering business and part of the strength of dealers, demand is not as big as quotient according and household lighting, it is difficult to have a big price fluctuations.”According to the personage inside course of study.

And, as a result of industrial lighting product installation and maintenance cost is very high, the high demand for product quality and after-sales service, low quality products at low prices at the same time, it is easy to appear due to the high maintenance cost of product damage and appear, so the price will not be a priority for the customer to choose.

“At present, the LED high bay light market in the period of rapid development, and industrial and mining lamp application LED drive power supply, intelligent is the trend of The Times, we are also continuously increasing spending on research and development of it has tried to seize the development trend, lead the development of the industry at a time.”HuaGuiChao said.

Indeed, nowadays the LED indoor lighting is already present in mass prices hit bottom, and industrial and mining lamp market as the current circumstances of propellant, or will be in the market of stimuli into the next explosive growth, high LED and will continue to focus on the market trend.