Industry Analysis & Industry Trends
Increased domestic housing levels and greater foreign demand has driven the development of the Lighting Equipment Manufacturing industry in China over the five years through 2012. The scale of this industry has expanded steadily after many years of continuous and strong development.
China became a major lighting equipment consuming country in recent years. Domestic demand has been increasing at an annualized rate of 30.3% in the five years through 2012. In the same period, total industry revenue grew 13.9% per year on average to $24.0 billion.
Exports are set to account for 41.1% of industry revenue in 2012, following a significant export decline in 2009.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Lighting Equipment Manufacturing industry in China is in the growth phase of its life cycle. This is shown by the industry's annualized value added growth rate of 10.5% over the past five years. This is higher than the growth rate of China's GDP over the same period of about 9.5%. In addition, the industry is expected to continue to expand rapidly in the future.
The number of enterprises in the industry has increased at an annualized rate of 5.7% in the past five years, and is forecast to continue increasing in future years.
There is a moderate to high rate of technological change in this industry, particularly for larger firms... purchase to read more