New report showing that Global LED industrial lighting market in 2018 will reach 3.935 billion dollars

The report named “industrial lighting and patio lights market trends.” and released by the latest industry bodies shows that industrial lighting plays a important role in the lighting industry, particularly LED bulbs and LED tubes designed to replace the traditional lighting products (general store.), more and more LED lighting manufacturers are involved in industrial areas in order to enhance profitability. It is estimated that  global LED industrial lighting market in 2015 will reach 2.366 billion dollars，which is expected to 3.935 billion dollars in 2018.

LED energy-saving effect allows industrial lighting to be more cost-competitive than household lighting, one of the typical is LED high bay light. In addition, there is a dramatically decline in the price of LED lighting products and increasingly improvements in the performance, coupled with industrial lighting products will be more effective, LED lighting manufacturers specializing in packaging lighting in 2015-2016 will be focused on the competion on industrial lighting market.

LED bay light fixtures account for the largest proportion of industrial lighting species, which is basically LED high bay light in indoor and outdoor spaces for storage, stadium, etc, particularly in the ndustrial lighting market. Due to the use of LED light source with no warm-up time, the LED high bay light can instantly light up, plus aggressive lifespan contribute to the savings in maintenance costs, so there is more substantial savings in electricity bills than HID lamps.

With the upgrading of LED technology and cooling capacity, 80W-250W LED high bay lighting products are the common products on the market, the luminous flux is about 10,000lm-30,000lm, illumination is about 275-300lux. Because the product is not yet fully classified as the standardized products, pricing strategies will vary depending on product specifications and region. The prices marked by Chinese LED lighting manufacturers are low but fewer product specifications, so the pricing is more fixed.

The main industrial lighting leaders including US GE Lighting, CREE, Cooper Lighting; Japan Iwasaki Electric, Toshiba and China Lead Lighting stand in recent years. super power LED light source launched by Lead Lighting do not only cut the costs，but make the structure more simple and product design more more creative; lead Lighting light sources are COB light source based with the unique the thermal design, the lifespan of LED high bay lighting product is up to 50,000 hours.