Market size and future development trend of China's outdoor lighting industry

    The outdoor lighting industry in China is a thriving industry, and its market size is also constantly expanding. According to the analysis of the current situation and development prospects of China's outdoor lighting market from 2023 to 2029 released by Market Research Online, the total scale of China's outdoor lighting industry reached 185.9 billion yuan in 2017, a year-on-year increase of 5.5%, far exceeding the 3.3% growth rate of the national lighting industry.

    In the future, with the development of the outdoor lighting industry, the market size of China's outdoor lighting industry will continue to maintain rapid growth. Firstly, the development of the Chinese economy has led to a continuous expansion of the consumer group in the outdoor lighting industry, and the demand for high-quality outdoor lighting products is also increasing. Secondly, with the support of the Chinese government for the development of smart city construction, the technology of the outdoor lighting industry continues to improve, and the introduction of new lighting equipment has further expanded the market scale of the outdoor lighting industry.

    In addition, the outdoor lighting industry in China will develop towards intelligence and diversification. Intelligent lighting systems can not only improve the efficiency of outdoor lighting, but also meet consumers' demand for higher quality outdoor lighting products, thereby further expanding the market scale of China's outdoor lighting industry. At the same time, diversified outdoor lighting styles will also become the future development trend, and consumers will pursue their favorite lighting styles more, which will bring more development opportunities for the Chinese outdoor lighting industry.

    In short, with the development of China's economy and government support for smart city construction, the market size of China's outdoor lighting industry will continue to expand, and the future development trend will be towards intelligence and diversification.