LED lighting enterprises shall go overseas with LED Flood Light
Time：2016/4/1 keywords：LED Flood Light
The world is so big, and you won’t just want to have a look. It’s also the same for LED Lighting enterprises.With domestic economy growth rate getting less optimistic, and domestic sales in lighting industry getting less satisfactory, many enterprises would choose to go overseas. The “One belt, one road” strategic policy has also motivated the led high bay sellers in LED Lights industry. For enterprises, going out is not just their subjective will, but also conform to objective reasonable need.1. There is way less competition in global market than in ChinaComparing with fierce competition in Red of Sea Chinese market, the competition density in the Global market is only ten percent of that in Chinese market.2. Global LED lighting market penetration rate risingAccording to statistics, the market scale of global LED lighting in 2015 is 55.7 billion dollars, with a market penetration rate of 36.9%. It is estimated by the year of 2020, the average growth rate of global LED lighting market can reach 20.36% with a penetration rate of 63.9%.