Taking the lighting category as an example, according to statistics, the market size of the lighting category in 2020 will be 1.963 billion US dollars, equivalent to 12.759 billion yuan. It is estimated that by the end of 2026, it will reach 3.0886 billion US dollars, equivalent to 20.075 billion yuan, with a compound annual growth rate of 6.7%.
SCENARIOS
Application scenario
Wide range of applications and large market demand
The lighting industry has gradually become one of the important pillar industries in China, with huge business opportunities