The export trend of China's LED lighting products in 2025 shows the following characteristics
一． Overall export situation
1. Total exports rose steadily
In 2024, the total export of China's lighting industry was 56.1 billion US dollars, down 0.3% year-on-year, but LED-related products were outstanding. It is expected that the export market will recover moderately in 2025, mainly driven by the demand for renovation of the stock market, intelligent lighting and health lighting products.
2. Emerging markets as growth engines
In 2024, exports to countries along the "Belt and Road" reached 25.2 billion US dollars, an increase of 3%, accounting for 45% of the total exports. The ASEAN market grew by 14%, becoming an important support.
二． Product and technology trends
1. LED products dominate export
LED electric light source: The export volume increased by 72% in 2024, accounting for 90% of the export volume of general lighting electric light source; LED module exports surged 527%, mainly to India, Vietnam and other industrial migration areas.
High value-added products: smart lighting and plant lighting bucked the trend of growth, and the smart lighting market size increased year-on-year in 2024
17.6%, the plant lighting market size reached $1.315 billion (+6.6%).
2. Technological innovation promotes the expansion of application scenarios
Shenzhen International LED Exhibition (February 2025) showed transparent screen, spherical screen and other innovative products, combined with 5G, Internet of things technology, LED in cultural tourism, smart city and other fields of application accelerated integration, is expected to 2025 China's LED display market size will exceed 80 billion yuan.
三． Changes in market structure
1. Traditional markets are under pressure and emerging markets are rising
Europe and the United States: Exports to Europe and the United States in 2024 were about 27.2 billion US dollars, an increase of only 0.2%, but the United States imposed 10% tariffs (effective in February 2025) may further inhibit exports to the United States.
Emerging markets: Southeast Asia, Africa, South America and other emerging markets have become new growth points, especially India, Vietnam and other countries have a surge in demand for LED modules.
2. High concentration of export destinations
The top 10 export markets (such as the United States, Germany, Malaysia, etc.) accounted for 50% of the total, with Singapore growing fastest (35%), while the United States remained the largest single market (23%).
四． Policies and Challenges
1. Increased trade barriers
The United States imposed a 10% tariff on all 59 tax numbers of lighting products, with a tax rate of up to 47.5%, which may exacerbate export pressure on the United States.
2. Policy support and enterprise response
Domestic policy: The government has stabilized foreign trade through export tax rebates, cross-border e-commerce support and other measures, such as clarifying the export tax rebate policy for cross-border e-commerce offshore warehouses in 2024.
Corporate strategy: Some enterprises avoid tariffs by moving production capacity outside (such as Southeast Asia, India), while increasing brand localization and high-end investment.
五． Regional performance and typical cases
1. The export growth of Zhongshan City is remarkable
In the first half of 2024, the export value of lamps and lanterns in Zhongshan City was 8.04 billion yuan, an increase of 9.6%, mainly relying on the export advantage of mechanical and electrical products (79.7%) and the market expansion of the "Belt and Road" countries.
2. Shenzhen exhibition leads the industry
The 23rd Shenzhen International LED Show (February 2025) attracted 130 countries from around the world to participate, and the Mini/Micro LED technology demonstration accelerated commercialization, which is expected to reach a compound growth rate of 25% in the next five years.
Summary and Prospect
In 2025, China's LED lighting exports face trade barriers and cost pressures, but emerging market demand, technological innovation and policy support will provide growth momentum. Companies need to focus on high value-added products (such as smart lighting), optimize supply chain layout, and strengthen international market compliance capabilities. In the long term, the global LED market is expected to accelerate after 2026, with a compound annual growth rate of 2.7%.