The Lighting Fixtures Market in China

The 16^th edition of “The Lighting Fixtures market in China” offers an accurate and in-deep analysis of the lighting fixtures industry in China, providing data and trends for the period 2017-2022 and forecasts up to 2025. From one hand, the report analyses the main trends affecting the market over the last five years, considering the production, the consumption, the imports and the exports of lighting fixtures in the country. On the other hand, it offers an analysis of the supply structure and the competitive system, an overview of the distribution system and the main players operating in the market.

International Trade

Lighting fixtures exports and imports are considered, broken down by country and by geographical area of destination/origin (total lighting, only lighting fixtures, only lighting components). The time frame considered is 2017-2022.

Supply Structure

The lighting fixtures market is divided in four main segments:

• residential-consumer
• commercial-architectural
• industrial
• outdoor

Data on consumer/residential lighting are broken down by style (traditional, modern, design) and by product type (floor, table, wall and ceiling lamps, embedded lighting, downlight/sport light, chandeliers and suspensions), while data on commercial lighting are broken down by type of product (downlights, recessed luminaires, batten and modular systems, linear, LED strips, high bays, floor and table lamps, decorative and professional suspensions, projectors/spots/track, wall washers, and LED panels) and application (hospitality, office, retail, art and museums, entertainment, schools, airports and other big infrastructures). Industrial lighting consists of lighting for industrial sites, healthcare lighting, weather resistant and explosion-proof lighting, emergency lighting, marine lighting, and horticultural lighting. Outdoor lighting includes residential outdoor lighting, lighting for urban landscape, lighting for streets and major roads, area/campus lighting, lighting for tunnels and galleries, Christmas and special events lighting.

A focus on LED Lighting trend and forecast with an overview on main suppliers of LED chips and LED drivers, as well as an overview on smart/connected lighting and other new technologies available in the market are also included.

A financial analysis, on a sample of selected number of companies operating in the market, includes profitability ratios and financial structure indicators.

Distribution Channels

The analysis of the distribution system is organized by the following channels:

• Contract/Builders
• Lighting Specialists
• Wholesalers
• Lifestyle stores (Furniture stores/chains and department Stores)
• DIY stores
• E-commerce

A selection of leading e-commerce players, architectural offices and lighting designers operating in China is also included.

Competitive System

Finally, the report offers an analysis of the leading local and foreign players present on the Chinese market and in each segment considered; through sales data, market shares and short profiles.

An address list of more than 200 lighting fixtures manufacturer active in China is included.

Highlights:

China. Breakdown of commercial lighting fixtures production
by product type, 2018-2020-2022.
Percentage values

According to CSIL estimate, Chinese lighting market is expected to return to growth in the medium-term; a significant market recovery is attended from 2024, after a reduction by 20% of employment and profitability during the last years.

China's construction industry is expected to register an average annual growth of 2.4% between 2023 and 2025.

In 2022 production and consumption of luminaires in China are estimated to be worth approximately the same levels as five years ago, in real terms.

The best performing lighting market segments in China in 2022 were: outdoor, hospitality, horticultural and explosion-proof lighting, linear lighting.

Among the top performing players are: Signify, Yankon, Leedarson, CHINT, Haoyang, Youpon, Twinsel, Warom, Gloria Technology, Huadian, Chuang Yijia, Guanke Technologies, LEDMY, OKELI Lighting, CoreShine.

The top 60 players, in term of lighting sales in China, together accounts for over 40% of the market. Less concentrated the Chinese export of lighting fixtures, which is a highly fragmented business involving at least 5,000 players.

Selected Companies

Among the companies profiled and interviewed:

Anchises, Arup, Boysun, Brilliance, CH Lighting, Chint, Changelight, Chuang Yijia, DP Led, Eaglerise, FarEast, Fagerhult, FSL, Flos, Gloria, Jom, Haoyang, Minkave, Honglitronic, Honyar, Huayi, Huati, Ikea, Illusion Led, Imigy, Inesa Feilo, Inventronics, Jiawei, JD.com, Kennede, Leyard, Ledman, Leedarson, LiquiDesign, Loyal Lighting, Lumbency, Luxmate, MLS-Ledvance, Nationstar, NVC, Ocean's King, Okeli, OML, Opple, PAK Lighting, Red100, Signify, Sosen, Tecnon, Torshare, Twinsel, Tospo, Unilumin, W2 Architects, Xindeco, Yankon, Yeelight, Youpon, Warom, WooJong, Xin Lichuang, Zhubo Design, Zumtobel.