|By Business Wire||
|July 16, 2014 10:05 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/bl6whk/led_lighting) has announced the addition of the "LED Lighting Market in China 2014-2018" report to their offering.
The LED Lighting market in China will grow at a CAGR of 26.9% to 2018
The market faces many issues that could restrain growth because of the presence of a large number of vendors. However, the market is currently witnessing consolidation, which could reduce the number of vendors and increase the production of innovative lighting products. On the technological front, consolidation will increase the product life cycle and vendors could focus on their R&D processes. Furthermore, market consolidation will decrease the intensity of competition and price wars.
The growth of the LED Lighting market in China is driven by several factors, especially strong government support towards the adoption of LED lighting. The Government of China has framed strong policies that have had a positive impact on the market, influencing the high adoption rate of LED lights. This government support is expected to continue, fueling the market's growth during the forecast period.
Further, the report states that despite the presence of several drivers, the LED Lighting market in China faces serious challenges such as the high inventory levels in the LED supply chain. High inventory levels in the supply chain cause a fluctuation in demand, which in turn affects the profitability of vendors and the market at large.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Dongguan Kingsun Optoelectronic Co. Ltd.
- Koninklijke Philips Electronics NV
- NVC Lighting Holdings Ltd.
- Opple Lighting Co. Ltd.
- Osram Licht AG
Other Prominent Vendors
- Cnlight Co. Ltd.
- Eastar Lighting
- Elec-Tech International (H.K) Co. Ltd.
- Foshan Electrical and Lighting Co. Ltd.
- Foshan Nationstar Optoelectronics Co. Ltd.
- GE Co.
- Guangzhou Hongli Opto-Electronic Co. Ltd.
- Jiangsu SFT Optoelectronic Co. Ltd.
- Ledman Optoelectronic Co. Ltd.
- Lowcled Lighting Co. Ltd.
- Shanghai Mikia Lighting Co. Ltd.
- Shanghai Sansi Technology Co. Ltd.
- Shanghai Yaming Lighting Co. Ltd.
- Shenzhen Changfang Lighting Industrial Co. Ltd.
- Shenzhen Unilumin Group Co. Ltd.
- Tospo Lighting
- Vivalux Co. Ltd.
- Xiamen Yankon Energetic Lighting Co. Ltd.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/bl6whk/led_lighting
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