industrial lighting

China stands out in the global lighting industry as the largest producer of industrial lighting fixtures. Industry estimates place the country's output for the past several years between US$2.5 and US$3 billion worth of products. This is about 25 percent of the annual production of industrial lights in the world. About US$1 billion worth of products are exported annually. Although the majority of China suppliers produce only electrical models, which account for 75 percent of exports, the fastest growing and most dynamic sector of the industry is solar lights. Production of solar lights soared 94 percent in 2004 to reach an estimated 60 million units worth US$250 million. This growth trend is expected to continue through 2005, particularly in light of strong export demand for environment-friendly products that run on renewable forms of energy.