According to the analysis, driven by urbanization, night travel economy booming growth and other factors, outdoor lighting market in the past two years rose well.It is predicted that as urbanization continues and LED technology continues to mature, China’s outdoor lighting market demand will continue to grow rapidly in 2020, with the scale approaching 38.5 billion yuan.Plant lighting market,Nearly two years, the Netherlands, Japan and other places began to rise the word “vertical farm”.It can effectively grow crops in skyscrapers using technology that simulates the water, sunlight and temperature that crops need to grow.Importantly, it has leveraged the LED plant lighting market while satisfying the appetite of more people.According to the analysis, the plant lighting market will continue to grow in 2018 and 2019. By 2020, the output value of China’s LED plant lighting system will reach 9.5 billion yuan and that of plant lighting will reach 2.8 billion yuan.LED drive power market,As an important part of LED lighting, LED drive power supply has also increased, rising for two consecutive years.It is predicted that the output value of China’s LED lighting power supply will be increased again in 2020, which is expected to reach 38.9 billion yuan.

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