2020 Global Intelligent Lighting And Control Market Will Reach $59.1 Billion
Zhongshan Epistar Electronic Lighting Co.,Ltd
Updated: Dec 29, 2016
P&S according to market research firm Market Research Statistics, global lighting and control market is expected to be US $22.11 billion from 2014 to 2020 $59.1881 billion, a compound annual growth rate of 17.8%. Declining average selling prices of LED bulbs-led global intelligent lighting and control market growth. LED lights than any other traditional lighting used in much cheaper. LED light improves lighting brightness and lower power consumption, reduced production costs. LED lamp average prices have been falling, LED bulb permeability is increased, further accelerating the growth of intelligent lighting and control market.