The world’s LED market is dynamically expanding. This global energy-saving lamp market is expected to grow smoothly to reach USD 24 billion by 2022. the market continues to move forward to adapt to the technology brought by this advanced lamp with solar panels. Many LED light manufacturers are trying to innovate by creating unique, elegant, and modern LED lamp designs to be able to compete with other companies.
They also added new features such as a motion sensor, an automatic solar recharging system that can charge electricity using solar energy, the effect of ten million colors that can be changed using the remote control, waterproof, resistance to terrible weather, and LED lights equipped with CCTV.
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During the period 2018 to 2022, it is strongly predicted that this will be the year of LED light investment. The investment value in the market is expected to grow at a CAGR (Compound Annual Growth Rate) close to 12% during this period. CAGR is the average annual growth rate of an investment over a certain period and over one year.
Although CAGR is not a true return rate, CAGR can be used to understand the growth of returns so that you can decide based on data whether to invest in that manufacturer or not. Investing in LED lights from the best LED light manufacturers can be very profitable for you. Whoever you are and where you come from can invest in LED lights. Use the best-quality and safe product from a trusted LED light manufacturer. Then, you can see the reduction of your electric expense each month.
Those of you who have used LED lights can feel certain advantages, right? At first, you may not feel it; then in the second or third month, the benefits will come your way.
Bright lights, not dazzling, and good ambiance are the criteria that many people want when working on lighting fixations in their properties. LED light can meet these criteria a small watt (measured in lumens) compared to incandescent, HID, and fluorescent lamps. Your investment in LED lights is also increasingly valuable because of the following benefits.
It is not difficult to find one manufacturer among many LED light manufacturers. Choose a manufacturer from Guangzhou, China, where the location is real, and you can visit it. Before going to that manufacturer to order LED lights, it’s a good idea to find what you need through the website.
SDD Light is a manufacturer whose products have received the international CE, RoHS, and FCC certificates. As a professional LED lights manufacturer, we regularly exports its products to North American, European, and Southeast Asia countries. There is no need to hesitate to place your order and do a long-term investigation of LED lamps from SDD Light.