Affected by the economic downturn, such as Europe, the U.S. and Japan in 2012, LED lighting mature markets had sluggish growth, the domestic LED industry, foreign trade market performance is not satisfactory. Awareness of environmental protection and the government vigorously promotion, China Products Harbour CPbay (hereinafter referred CPbay), data monitoring display, LED lighting in recent years in Russia, Southeast Asia, India and other emerging markets had the rapid penetration, in 2013 it will bring new business opportunities for domestic LED lighting foreign trade enterprises. According to comprehensive information from CPbay , due to high heat of infrastructure investment and economic performance of the more mature markets, including Russia, Thailand, Vietnam, India, Africa and other countries or regions,they have greater room to grow, the demand for LED lighting products, there are significant signs of warming. The Russian LED lighting penetration is rising year by year, the Russian LED lighting market in the long term is accounting for 1% to 5% in the worldwide , the country and its neighboring small country LED lighting market will have a compound annual growth rate of 34% by 2014. Russia formally joined the WTO, the decline in import tariffs will be conducive to the expansion of LED business profit margins, the lighting market size will be over 700 million dollars.Thai Lighting gross market size was of approximately $ 250 million in 2012, LED penetration rate was of around 10%,it is expected in 2015, LED lighting in Thai market penetration will be increased to more than 45%. Currently, the Thai government is active in LED lighting project which increases demand of LED.Vietnam draft national urban development plan 2011-2020 announced by the Government, hope in 2015 urbanization will reach 38%, which is a new export market for LED lighting. Indian traditional lighting products including lighting, LED lighting, about 80% of the products are from China, the Indian government is planning to improve the traditional lighting systems to the proportion of the LED lighting system, expected compound annual growth until 2015, the rate of LED lighting market in India will reach 41%.About 90% of the rural population in Africa, no power supply, no street lights in the small streets of many cities. Basic lighting and municipal lighting market are the most potential markets in Africa, lit Charity and Development in Africa program organized by the United Nations, and the goal is also to provide a power-saving LED lighting to African users. With the rapid development of modern cities in Africa, diversified LED lighting markets, including markets, railway stations, shopping malls and other places, as well as tourist attractions, vacation market, there are new applications and market demand. |
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LED lighting Demand In Emerging Markets Is Heating Up Again