Russia LED Lighting Market will Occupy 1-5% in Global Market

Russian media quoted the data of the "whole series LED production business plan" from a professional marketing analysis company that, LED lighting proportion in the country is also growing as any other cities.

In the long run, the proportion of Russia LED lighting market in the global market will be  1-5% and the growth rate of proportion in the country will reach 28-48% per year. Furthermore, the popularity of LED retrofit will break 300 million, and will continue to grow, mainly thanks to the energy efficiency and the expense of optimized power.

Currently, the potential capacity of lighting equipment in Russia market has reached to 560 million euros ($). It needs 110 billion units LED lamps to replace all light resources in Russia, and more than half of them will be used in commercial and consumption field.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

With the rise of streaming services and endorsements from the Hollywood movie industry, an increasing number of movies, TV series, and documentary concert films are being produced using Virtual Production (VP) and Extended Reality (XR) technol... READ MORE

A tiny Chip LED from ams OSRAM offers higher brightness, making it simply ideal for integration into everyday devices such as in-ear headphones or smart rings The enhanced Chip LED from ams OSRAM delivers higher brightness—while taking u... READ MORE