The export volume of LED high bay lights is increasing and it is widely used
Benwei: LED high bay light has a wide range of application scenarios, which can be used in homes, shopping malls, urban landscapes, warehouses, workshops, supermarkets, exhibitions, etc. In recent years, the foreign trade export volume of LED high bay lights has continued to grow.
According to third-party statistics, in 2017, the total export value of China's LED high bay lamps was 319 million US dollars, an increase of 87% year-on-year, and the export volume was about 5.26 million, a year-on-year increase of 93%. Almost all LED high bay light manufacturers that can occupy a place in foreign trade pay attention to the product quality of high bay lights, and have passed a number of international certifications. According to statistics, in 2017, the total number of LED high bay light export enterprises in China was 2,536. The LED high bay light market is highly competitive, and most of them are exported to European and American countries, with a market share of more than 64%. Industry insiders believe that with the intensification of competition, the price of LED high bay lights will decline.
