It is understood that the lighting industry in accordance with the light-emitting mechanism,
Can be divided into Thermal Radiation light source, Gas discharge light source and Semiconductor light source three categories.
Among them, LED lights are the representatives of semiconductor light sources.
According to IHS data, the global lighting market size is expected to increase from $137.726 billion in 2018 to $149.351 billion in 2025,
With a compound annual growth rate of 1.16% during the period.
In addition, LED lights are a kind of Energy-efficient lighting products,
Compared with incandescent lamps, energy-saving lamps and other traditional light sources,
LED lighting has the advantages of
High luminous efficiency, Long service life, Safety and Reliability, Energy saving and Environmental protection, etc.
LED lighting has gradually become the main general lighting category at present,
And according to the IHS data, it is expected to increase from USD 53.066 billion in 2018 to 2025 to 125.150 billion U.S. dollars,
with a compound annual growth rate of 13.04%, much higher than the level of growth of the overall global lighting market,
And will occupy 83.80% of the overall global lighting market in 2025.
In recent years, benefited from the national policy support and technological progress, China's LED overall industrial chain rapid development,
LED application industry also presents High growth trend, at present in the LED industry chain output value proportion has more than 80%.
According to China Lighting Association data, in 2021 China's lighting industry completed a total of $65.47 billion in total exports,
Year-on-year growth of up to 24.50 per cent, compared with an increase of 44.09 per cent in 2019,
The average growth rate of two years reached 12.95 per cent.
Among them, the export value of LED lighting products is $47.445 billion,
With a year-on-year growth of up to 33.33%, compared with an increase of 57.33% in 2019,
And a two-year average growth rate of 16.31%. The proportion of total exports also increased from 25% before 2011 to more than 70% at present.
We, Vertex, have been deeply involved in the LED industry for many years and have now achieved a high industry position.
At present, our Vertex products have been exported to Asia, Europe, Australia and other regions at home and abroad.
Vertex has been focus on the ODM for ceiling downlights,
Our products range from Fire rated downlight, LED downlight, cabinet light and smart control lighting system.
Our R&D emphasize innovation and release patented new products every year.
Among them, fire rated downlight makes Vertex to be a leading supplier for UK market and well-know in downlight industry in UK and China.
Smart springs as a revolutionary mechanism helps electricians save 1/2 labour time when they install downlight.
Smart control downlight with audio system integrated combine RGBW lighting and music together, supplying user a convenient and ideal smart life.
