China's General Lighting Market Will Grow at a CAGR of 10.81% over Forecast 2015-2019
The general lighting market forms the biggest sector of the lighting industry, followed by automotive lighting and backlighting. The general lighting market includes lighting applications for residential, commercial, industrial, architectural, and outdoor purposes. The commercial and residential segments are the major drivers for general lighting market in China. This is mainly due to growing urbanization resulting in increased number of luxury malls, hotels, and other commercial complexes. The general lighting comes in two types: traditional and LED. The traditional lightings...
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