The popularization of LED lighting was first promoted and guided by government policies. Therefore, the main application promotion in the early stage of development was concentrated in the fields of evacuation indicator lights, street lights, landscape lighting, etc. As LED technology matures, product prices are gradually reduced, and LEDs are gradually becoming indoor functional lighting Get applied.

At present, the LED lighting application field is mainly home lighting and commercial lighting. The "2020 Annual Update of Global LED Lighting Market" report released by Frost & Sullivan shows that in 2019, the home and commercial fields (office, retail and hotel) accounted for the global The proportion of LED lighting market is approximately 28.77% and 32.91% respectively. The differentiated and personalized demand market for LED lighting in industrial lighting, landscape lighting and other fields has also begun to take shape, but its market penetration rate is still low, and it has greater potential for improvement in the future.

Shenzhen Minbang Optoelectronics Co., Ltd. was established in 2010. As an ODM manufacturer specializing in LED lighting products, it relies on a mature product design and development system and a small-batch flexible manufacturing model. It is mainly for overseas small and medium-sized regional brands and brands. The engineering company provides personalized and diversified lighting products to solve the differentiated needs of customers for product applications and functions.