Do not see these areas, it may become the next emerging LED Market

LED lighting lighting applications become the mainstream market, but after years of rapid increase market penetration, 2016 LED lighting product prices slowed down, but the market growth momentum against global demand began to slow down, showing the phenomenon of enthusiasm.

As the new president of the United States Trump came to power, or have an adverse impact on the China exports to the United states. The industry believes that in 2017 the United States market uncertainty increases, emerging markets such as Southeast Asia, the Middle East and other places with growth potential, is expected to become a a hotly contested spot.

After years of rapid growth, in 2016 China's exports of lighting products began to decline. According to official statistics, exports of lighting products for the three quarter of $28 billion 560 million, down by 13.9%, the first decline since 2009.

Another data show that in 2016 1-11 months, the European Union, the United States, Japan, ASEAN countries, the BRIC countries and the Middle East countries are the main market for China's exports of LED lighting products, but the growth of different. The United States market slowdown, market share was 17%, compared with the same period of 2015 expanded 4 percentage points; the growth rate was 23%; the rapid rise of the Middle East market, the highest growth rate of 27%, the market share of 7%, compared with the same period last year increased by 2 percentage points. At the same time, the Russian market fell sharply; the market share of the BRIC countries narrowed to 6% from the same period in 2015 to, Japan's exports fell sharply, compared with the same period in 2015 fell by 17%.

Emerging LED market to be developed

Thailand Market

LED lighting tubes are increasingly favored by consumers in Thailand, as more and more enterprises to join the LED lighting tube market competition led to price decline. In addition, the Thailand government departments to promote energy conservation and encourage the use of LED fluorescent lamp instead of fluorescent tubes, to promote small and medium enterprises as well as some consumers to choose more LED lamps.

Kaitai Research Center (Thailand Kaitai bank subsidiaries) believes that the above factors will make Thailand LED lighting lamp needs substantial growth, promote the sustained growth of the LED lighting lamp market. Kaitai Research Center forecast, 2016 LED lighting lamp market value is expected by 2015 3 billion 730 million baht (about 696 million yuan) to 49.8-51.5 billion baht (RMB billion yuan, an increase of 9.30-9.62) will expand by 27.7% in 2015 to 33.5-38.1%. 2016 lighting lamp market value will reach 219.7-223.8 billion baht (equivalent to about 41.04-41.81 million yuan), growth of 6-8% in 2015 than the 20 billion 720 million baht, the LED lighting lamp market value of the proportion is expected to reach 23%.

Vietnam market

At the same time, with the gradual growth of per capita income in Vietnam, its LED home lighting market has begun to flourish, so LED manufacturers, the local brand management and channel building will become the key to open up the market.

Research Report shows that in 2015 the size of the Vietnamese LED lighting market reached $271 million, is expected to grow in 2016 Zhi Da $348 million, the growth rate of 28%, so that the Vietnamese market is gradually favored by the LED lighting industry.

Observe the overall LED lighting market in Vietnam, Vietnam in the past about 200 million per year consumption of traditional bulbs, which is more power consumption of the traditional tungsten bulb. With the improvement of LED penetration, the traditional lighting market in Vietnam continued to decline in the past few years, while the LED lighting market has maintained a rising trend, estimated in 2016 the Vietnamese LED lighting penetration will reach about 35%.

Insiders Chu Chao said in the LED lighting market in Vietnam base is relatively low, so the size of the market growth rate than other countries in Southeast Asia soon. In recent years, with the improvement of the consumption power of Vietnam, the LED lighting market demand will also be the main engineering applications, and gradually into the home lighting applications. Under the conditions of cheap labor costs in Vietnam, many foreign companies have set up factories in the country, so the demand for LED lighting comes from the new construction of LED lighting demand. In addition, Chinese, Japan and South Korea and other countries also launched for Vietnamese government development aid, LED outdoor lighting demand local basic engineering construction, but because of government contracts mostly controlled by the local people in Vietnam, according to local Vietnamese foreign vendors have the opportunity to enter the market.

Indonesian market

In Indonesia, according to the "Hindu" (The) reported that the International Energy Agency (IEA) intends to try to replicate the implementation of the India LED bulb policy in Indonesia, in order to reduce the cost of efficient lighting technology. "EESL's LED program has been a success, and IEA is working with it to push the program to the world. "We want to try this model in Indonesia," said deputy director Paul Simons, speaking at the World Summit on sustainable development. "We think this is the best practice case to share," said IEA.

According to the India daily (TheHindu) reported that the International Energy Agency (IEA) intends to try to replicate the implementation of the India LED bulb policy in Indonesia, in order to reduce the cost of efficient lighting technology. India through the national support of public utility company Energy Services Limited (EESL) launched a national LED upgrade program.

"EESL's LED program has been a success, and IEA is working with it to push the program to the world. "IEA, deputy director of the PaulSimons, said at the World Summit on sustainable development," we want to try this model in Indonesia, we think it is a must to share the best practice case.

India's EESL has been buying LED bulbs in bulk to lower prices and to distribute light bulbs in accordance with the government's UJALA program, which has led to the price of LED bulbs over the past few years