Entering 2020, affected by the new crown pneumonia epid […]
Entering 2020, affected by the new crown pneumonia epidemic, the LED lighting market continues to decline. But the opposite is that the landscape lighting field still maintains a high gross profit in the downturn in the market environment. At the same time, LED landscape lighting companies are particularly active on the way to IPO.
Landscape lighting is a combination of culture, art and science and technology. It uses light and color as the language to form a dynamic and static landscape of light, sound and color. It is also an important part of the urban landscape.
Benefiting from the steady growth of China's new infrastructure and the steady growth of government landscape lighting projects at all levels, the promotion and support of policies in the landscape transformation of tourist attractions and smart city construction, China has become the world's largest landscape lighting market.
Driven by the new infrastructure, recently many places have successively released the tender announcements for related landscape lighting projects.
In the future, driven by multiple factors such as new urbanization, smart cities, smart lighting, and 5G technology, the landscape lighting market demand will continue to grow rapidly.
High-tech LED Research Institute (GGII) predicts that China's landscape lighting market will maintain a growth rate of more than 10% during the 13th Five-Year Plan period, and the industry scale will reach nearly 100 billion RMB in 2020.
Gaogong LED Chairman Dr. Zhang Xiaofei also pointed out, “The development of landscape lighting has not yet reached the fastest speed, but with the continuous fermentation of the cultural and tourism industries, landscape lighting will develop rapidly in the future.”
Based on the rapid development of landscape lighting, in addition to Beijing New Space, Aclaite, Shenzhen Golden Lighting and other lighting companies "sharpening their swords" and sprinting to the capital market, there are also Hallsai, Mingjiahui, Leyard, Huati Technology, Many listed lighting companies, such as Alto Electronics and Unilumin Technology, have also raised funds through the capital market, continuously increasing the layout of landscape lighting.