According to TrendForce's latest LED Industry Report, the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a year-on-year growth of 3%. This recovery is primarily driven by demand from various sectors, including automotive lighting and displays, general/ architectural/ agricultural lighting, LED video walls, and UV/IR LEDs.

In January 2024, China's first "full-spectrum light source and lamp certification" certificate was successfully issued in the Guangdong Quality Inspection Institute. With the development of technologies such as healthy lighting and IoT, full-spectrum lighting will become popular, and third-party institutions predict that from 2024 to 2027, the average annual growth rate will exceed 35%.

The 31st Guzhen Lighting Fair will unfold with new appearance and highlights in Zhongshan City of Guangdong Province. Scheduled for October 22-26, 2024, it is highly anticipated to make new progress for a better future.

On March 21, the 30th China (Guzhen) International Lighting Fair concluded with a great success, as evidenced by new record high data gained during the four-day session.

At this main venue, a total of 928 enterprises vie with each other to display their smart, low-carbon, specialized, refined, original, or cross-sector products, highly praised by the guests.