With the strategic shift of the global lighting industry, China's lighting industry has achieved good development opportunities. In recent years, it has maintained a rapid development trend and has gradually become an important force in the world's lighting industry. Driven by macro factors such as the acceleration of urbanization and the improvement of people's living standards, the market scale of China's commercial lighting industry continues to expand.
According to industry research data, the market size of commercial lighting (mainly retail terminal lighting and hotel lighting) in China in 2012 was 27.5 billion RMB. It is expected that the market size will reach 35.8 billion in 2016, with a compound growth rate of 6.82%.
Commodity commercial lighting refers to the measures to create a light and shadow environment in commercial outlets such as brand retail terminals, shopping centers, supermarkets, and other places where the sale of goods is the ultimate goal. In 2012, the market size of commercial commercial lighting (mainly retail terminal lighting) in China was 14.7 billion yuan. It is estimated that the market size will reach 20.8 billion yuan in 2016, an increase of 41.50% compared with 2012.
Experiential commercial lighting refers to the measures to create a light and shadow environment in star-rated hotels, theme parks, entertainment clubs, and other commercial venues that provide services for the ultimate purpose. 2012 China Experience Commercial lighting (mainly referring to hotel lighting) market size of 128 billion yuan, is expected to 2016 the market will reach 150 billion RMB, raise 17.19 percent compared with 2012.
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