Loading the content... Loading depends on your connection speed!

led lighting fluorescent replacement fixtures market survey the industry generally optimistic

At the Hong Kong International Autumn Lighting Fair in October 2016, we visited 393 buyers and 261 exhibitors to understand their outlook on the lighting market and the industry trends for the coming year.

Although the lighting industry sales this year, flat, but the industry is optimistic about the market outlook in 2017. North America, Western Europe and other traditional markets, as well as the Chinese mainland, is considered the largest growth potential market in the coming year, while the LED and environmental lighting is the biggest growth potential product categories. In addition, intelligent lighting systems continue to be considered the focus of the future development of the lighting industry.

At the Hong Kong International Autumn Lighting Fair, held in October 2016, we visited 393 buyers and 261 exhibitors to gauge their views on the lighting market outlook and the industry trends for the coming year.

LED lighting fluorescent replacement fixtures market survey: the industry generally optimistic

Hong Kong International Autumn Lighting Fair

LED lighting fluorescent replacement fixtures market survey: the industry generally optimistic

Buyers and exhibitors gathered at the Hong Kong International Autumn Lighting Fair

2017 lighting market: the industry sentiment optimistic

At the Autumn Lighting Fair, 43% of respondents and 66% of exhibitors expect 2017 sales to increase in 2016. It is noteworthy that the ratio of the same exhibition in April this year, the survey results increased significantly. The percentage of respondents expecting a decline in sales next year is only 10% of the respondents and 6% of the exhibitors, respectively. Overall, even though the lighting industry sales this year, flat, but the industry is optimistic about the market outlook in 2017 is quite optimistic.

LED lighting fluorescent replacement fixtures market survey: the industry generally optimistic

As for the growth prospects of individual markets, North America and Western Europe, the two traditional markets are considered the most growth potential in 2017 the market, both were 3.65 points, also higher than mainland China 3.63 is high. Followed by Australia and the Pacific Islands, ASEAN countries, South Korea, Japan and Latin America. In fact, all markets scored above the neutral level of 3 or more (from 1 to 5), reflecting the industry’s general optimism about the global market.

The industry certainly LED lighting trends

led lighting fluorescent replacement fixtures market survey the industry generally optimistic

In October of the survey, most of the industry that LED and environmental lighting is the largest growth potential in 2017 product categories, 40% of respondents choose. Among the LED lighting applications, 32%, 21%, and 14% of the respondents cited indoor lighting, intelligent lighting systems, and indoor office and commercial lighting as the top potential growth areas.

LED lighting fluorescent replacement fixtures market survey: the industry generally optimistic

In addition, 15% and 14%, respectively, of respondents believe that commercial lighting and home lighting is the largest growth potential in 2017 categories of products. At the same time, 10% of that intelligent lighting and lighting solutions in the next year’s growth potential of the largest, this rate is similar to the survey in April this year. In addition, 10% of respondents believe that outdoor lighting in 2017, the largest growth potential, compared with the April survey of 6% rate is high.

Intelligent lighting is still the focus of future development

As for the future development of the view, the majority of respondents (84%) that the smart technology in the next two years will help the lighting industry. Respondents believe that the most important areas of smart lighting development include: can communicate with the smart phone / Tablet PC, or manipulation of the home lighting system (48% of respondents agree); and mainly to energy saving, energy-saving home Intelligent lighting systems for industrial / commercial buildings (41%).

LED lighting fluorescent replacement fixtures market survey: the industry generally optimistic

Respondents’ information

A total of 393 respondents were interviewed, 27% of them from Hong Kong and the rest from overseas. The main sales / export markets are Western Europe (23%), North America (20%) and the Mainland of China (18%).

Leave a Comment