29.03.2018 Views

QYR predict that the global market volume of LED obstruct lighting would reach 579 K Units by 2023

http://www.qyresearchglobal.com/goods-1199006.html According to QYResearch, The global market volume LED obstruct lighting increased from 258.75 K Units in 2012 to by 384.39 K Units 2016. The average growth rate is about 8.47%. The market value of LED obstruct lighting reached 205.77 million USD in 2016 and it was 167.05 million USD in 2012. The CAGR of the market value is about 5.35%.

http://www.qyresearchglobal.com/goods-1199006.html According to QYResearch, The global market volume LED obstruct lighting increased from 258.75 K Units in 2012 to by 384.39 K Units 2016. The average growth rate is about 8.47%. The market value of LED obstruct lighting reached 205.77 million USD in 2016 and it was 167.05 million USD in 2012. The CAGR of the market value is about 5.35%.

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<strong>QYR</strong>esearch<br />

China is <strong>the</strong> largest consumption region <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong> <strong>lighting</strong> in 2016. There are 104.49<br />

K <strong>Units</strong> <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong> <strong>lighting</strong>s were consumed in China in 2016. China took about<br />

29.17% <strong>of</strong> <strong>the</strong> <strong>global</strong> total consumption share. North America and Europe are <strong>the</strong> following<br />

regions with 25.87% and 17.98% <strong>of</strong> total consumption share in 2016.<br />

The applications <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong> <strong>lighting</strong> include bridges and buildings, renewable energy,<br />

telecommunications, industrial and o<strong>the</strong>rs. And telecommunications took <strong>the</strong> largest<br />

consumption share in 2016 with about 33.73%. Bridges and buildings is also important<br />

application <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong> <strong>lighting</strong> with 30.34% <strong>of</strong> total <strong>market</strong> share in 2016.<br />

<strong>QYR</strong> <strong>predict</strong> <strong>that</strong> <strong>the</strong> <strong>global</strong> <strong>market</strong> <strong>volume</strong> <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong> <strong>lighting</strong> <strong>would</strong> <strong>reach</strong> <strong>579</strong> K<br />

<strong>Units</strong> <strong>by</strong> <strong>2023</strong>. The CAGR is about 6.03%. And <strong>the</strong> <strong>global</strong> <strong>market</strong> value <strong>of</strong> <strong>LED</strong> <strong>obstruct</strong><br />

<strong>lighting</strong> <strong>would</strong> <strong>reach</strong> 311.85 million USD. The CAGR is about 6.12%.<br />

www.qyresearch.com

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