According to the “Global LED Lighting Industry Market In-depth Analysis and Development Trend Report, 2024-2029” published by CRRP Industry Research Institute, the global LED lighting market size is expected to grow by 4% to reach $60.9 billion in 2024. According to S&P Consulting, the market size of China's lighting engineering industry will be about 380 billion yuan in 2022, with a year-on-year growth of 5.6%. The annual market size is expected to reach 400 billion yuan in 2023, an increase of 8.1% year-on-year. Considering the continuous growth trend of the lighting industry, China's lighting market size is expected to continue to grow in 2024.
Global Lighting Industry Market Size
According to the “Global LED Lighting Industry Market In-depth Analysis and Development Trend Report, 2024-2029” published by C&P Industry Research Institute, the global LED lighting market size is expected to grow by 4% to reach $60.9 billion in 2024. This figure reflects the solid growth of the LED lighting market globally, mainly due to the replacement demand for LED light sources and luminaires and the expansion of emerging application areas.
According to another data from S&P Consulting Group, the global LED lighting market has reached $63.8 billion for the whole year of 2023, with a year-on-year growth of 4%, of which China's market accounted for about 30%. This indicates that the global lighting industry, especially in the field of LED lighting, is maintaining a stable growth trend.
China Lighting Industry Market Size
Although the specific figures directly targeting the market size of China's lighting engineering industry in 2024 have not been directly given, they can be speculated based on historical data and industry trends. According to S&P Consulting, the market size of China's lighting engineering industry will be about 380 billion yuan in 2022, with a year-on-year growth of 5.6%. The annual market size is expected to reach 400 billion yuan in 2023, an increase of 8.1% year-on-year. Considering the continuous growth trend of the lighting industry, China's lighting market size is expected to continue to grow in 2024.
Especially in the field of intelligent lighting, China's market size continues to expand. According to S&P Consulting, the size of China's smart home market exceeded 715.7 billion yuan for the whole year of 2023, of which the market share of smart lighting devices reached 26.6%, and the shipment of smart lighting products was 29.13 million units. This indicates that smart lighting has become an important part of China's lighting market and has shown rapid growth.
Bulk Wholesale Industrial Linear LED Light from China Suppliers
TUBU Industrial Linear LED Light is a high performance linear LED luminaire designed for industrial environments, combining advanced technology with superior design concepts to meet a variety of demanding industrial lighting needs.
TUBU Industrial Linear LED Light Features
Patented Design - The TUBU Industrial Linear LED Light features a unique patented design that ensures structural stability and optimized luminous efficacy of the luminaire. This design not only enhances the aesthetics of the luminaire, but also increases its durability and reliability in real-world applications.
High Efficiency - The luminaire's system efficiency of 150lm/W is far superior to traditional lighting products, which means lower energy consumption under the same lighting effect, thus saving users a lot of money on their electricity bills. The high energy efficiency is also in line with the current global trend of energy saving and emission reduction.
High Quality Driver Power Supplies - TUBU Industrial Linear LED Light offers a wide range of high-quality driver power supplies from Meanwell, Philips, Sosen, etc. These power supplies are equipped with high power factor (PF>0.95), which can effectively reduce power loss and improve energy efficiency, and at the same time, ensure stable operation and long service life of the lamps. Long life time.
High-quality LED light source - Lumileds or Epistar brand 3030 SMD LEDs are used as the light source, with the advantages of high brightness and high color rendering. Its color rendering index (CRI) can be selected from >70 or >80, which can truly reproduce the color of objects and enhance visual comfort. At the same time, these LED light sources are also characterized by low power consumption and long life.
Rugged and durable housings - Economical (iron plate housing) and conventional (ADC12 aluminum alloy die-casting housing) options are available to meet the needs of different users. Aluminum alloy shell not only has good heat dissipation performance, but can also effectively resist corrosion and abrasion, to ensure the long-term stable operation of the lamps in harsh industrial environments.
Flexible Beam Angle - The luminaire provides three different beam angles of 30°/60°/90°, which can be flexibly configured according to the specific lighting needs of users to achieve the best lighting effect.
Rich Color Temperature Options - Provides 3000K, 4000K, 5000K, 5700K, 6500K and other relevant color temperature (CCT) options to meet the lighting needs of different places and scenes. From warm yellow light to cool white light, all can be easily realized.
Extra Long Life - TUBU Industrial Linear LED Light is manufactured with high-quality materials and advanced technology for an extra long life. Under the L70 standard (i.e., when the luminous flux maintenance rate is not less than 70%), its lifespan can be more than 50,000 hours, which greatly reduces the frequency of fixture replacement and maintenance costs.
Is the China TUBU Industrial Linear LED Light worth the investment?
TUBU Industrial Linear LED Light is an industrial linear LED luminaire that combines high performance, high quality, long life and flexible configurations, making it an ideal choice for the industrial lighting sector. With the continuous advancement of technology and upgrading of consumer demand, lighting products and services will become smarter, more convenient, energy efficient and environmentally friendly, creating a more comfortable, healthy and efficient living environment for people.
Why China TUBU Industrial Linear LED Light
Shenzhen TUBU Tech Co., Ltd. as a wholesaler of TUBU Industrial Linear LED Light has a high reputation and competitiveness in the field of industrial LED lighting by virtue of its high-quality products, rich product lines, customized services and strong supply capacity. Both in terms of product performance and service quality, the company is able to provide customers with superior solutions and a satisfactory service experience.
China TUBU Supplier Services and Support
Customized service - Provide customized service such as LOGO, outer package, pattern, etc. to meet customers' personalized needs.
Lighting solutions - Provide lighting solution services such as lighting distribution and line design, DIALux evo design drawings, engineering and installation services.
Quality Assurance - Products have passed CE, RoHS and other certifications to ensure compliance with international quality standards.
Market Development Trends
Diversification - China's lighting market demand is characterized by diversification and personalization, with an increasing variety of lighting products.
Intelligent - With the development of artificial intelligence, Internet of Things (IoT) and other technologies, intelligent lighting products have become the new favorites in the market. Intelligent lighting systems can automatically adjust the brightness and color temperature according to the ambient light and user needs, which improves user experience and saves energy at the same time.
Environmentalization - In the context of increasing environmental awareness, green has become an important consideration in the design and manufacture of lighting products, LED lighting products have been widely used and promoted due to its energy efficient, long life, pollution-free and other advantages.