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LED Lighting Market Analysis
Jun 23, 2018

According to reports, the LED market in Europe is accelerating. In Eastern Europe, the general public has a higher awareness of environmental protection and more expensive electricity. Therefore, how much it can reduce the electricity bill is an important factor in the introduction of LED lighting fixtures. In particular, outdoor lighting and commercial lighting, which use a large amount of electricity, are expected to be greatly reduced in cost. In Eastern Europe, the most popular applications for LED lighting are architectural lighting and commercial lighting. In these two areas, consumers generally actively use LED lighting devices regardless of price. In particular, architectural lighting fixtures have become the largest application area in the European LED lighting market.