Egypt, the United Arab Emirates, India, the three largest LED market secret

[LED] China network in The Belt and Road "going out strategy to promote, more and more Chinese LED lighting companies interested in overseas markets, but probably did not dare to act rashly. The various agencies of the overseas market report is not small. Overseas investment will often say only opportunity, very little or no risk.

Chinese LED network editor in customs data and local resources based on the data of multi agency report, taking the case of a number of overseas investment, some of the relatively recent hot overseas market to conduct a comprehensive evaluation, for reference only. If LED companies interested in an overseas market, it is recommended to field research or professional research institutions, so as to know whether it is really suitable for their own business.

1, Egypt

Egypt is the third largest economy in Africa, the Middle East and Africa's largest consumer market, but also one of the fastest growing economies in emerging markets. Egypt and the Middle East and Africa have a free trade agreement, after entering the Egyptian market, you can also cover the products in the Middle East and Africa market, a total of about one billion of consumers. In addition, there are a large number of cheap labor in Egypt, you can achieve a relatively low cost of production or processing.

Data source: Chinese customs data network LED network mapping Chinese

Import and export aspects, as can be seen from the customs data, imports of LED lighting lamps in Egypt is quite dependent on China, in 2013, imports of products from China's share of more than 55% in 2014 has been reduced, but still close to 50%.

Energy consumption, at present, Egypt's lighting electricity accounted for more than 25% of total electricity consumption, residential and commercial electricity consumption accounted for the entire lighting power consumption of 73%. In order to reduce costs and promote more efficient energy facilities, the Egyptian government plans to save about 20 billion yuan in energy costs by 2020. Therefore, the government plans to implement a major renovation in 2020 before and after the use of energy-saving products to replace the traditional lighting. Government buildings, residential lighting, as well as all districts and counties and other local outdoor lighting needs a comprehensive transformation. Which has been purchased for residential lighting 250 million LED bulbs. In addition, other projects promoted by the government also need LED products.

In addition, according to the The Cairo Post reported in June this year, the Egyptian Ministry of electric power plans to release the next 4 months, 1 million 700 thousand LED bulbs. These bulbs will be allocated to 9 provinces in Egypt to address the country's energy problems. Since the Egyptian revolution in 2011, the local power outage occurs frequently, the Egyptian people for 2 to 3 times a day outage frequency is also used to. Egyptian Ministry of electric power strongly recommended that the Egyptian people use LED bulbs, and the air temperature is maintained at 25 degrees above C, and avoid the simultaneous operation of all electrical equipment to help save energy.

Subsidies, the Egyptian government has promised to support outdoor smart lighting, alternative to traditional light sources and the overall lighting program and other projects on a certain amount of subsidies. In addition, Egypt and Europe, the Middle East and Africa have a tax exemption agreement, if the factory built in Egypt will be able to enjoy 1 billion 600 million of the consumer market.

2 United Arab Emirates

After years of real estate bubble crisis, the UAE's construction industry has entered a stage of full recovery. In many engineering launched a large number of the occasion, Spring is in the air. lighting market. At the same time, due to the growing population of the United Arab Emirates, the rapid development of urbanization, in order to control carbon dioxide emissions, energy conservation, the United Arab Emirates began to attach importance to environmental protection products.

Data source: Chinese customs data network LED network mapping Chinese

Market size, according to the data show that in 2012, the total market size of the United Arab Emirates LED lighting about $46 million to $54 million, equivalent to only 1 million -120 million sales. 2013 UAE LED lighting share of about $60 million to $68 million, in 2014 the United Arab Emirates LED lighting market size grew by 23% compared to the previous year, the share of about $78 million to $82 million. One of the international giants Philips, GE and OSRAM maintain their leading position, accounting for more than 60% market share in 2014.

The overall LED market is also showing strong growth momentum, is expected to 2019 market size of about $224 million (about 1 billion 430 million yuan), from 2014 to 2019 compound annual growth rate will reach 20%. In addition, in 2020 the United Arab Emirates Dubai will host the World Expo, but also for the development of LED industry continued to grow, the size of Pang Da's demand. In the implementation of the "The Belt and Road" strategy, the relationship between China and the UAE will become more closely, in terms of infrastructure will reach more and more cooperation.

Import and export, 2012-2014 UAE LED lighting imports grew rapidly in 2014, has more than 470 million u.s.. According to the 2015 data show that the amount of LED lighting China exports to the UAE is about $70 million 916 thousand, which accounted for the top three is the ceiling lights, LED lamp, LED panel lights, accounted for 23.8%, 19.7%, 17.6%.

In terms of policy, the government of the United Arab Emirates announced regulations on lighting products to prohibit the sale of inefficient bulbs and ensure the promotion and use of energy-saving, safe and high quality bulbs. The new rules and regulations since July 1, 2014 began to phase out inefficient lamps, and standardize the implementation of recycling and disposal methods. In accordance with the UAE standardization and Metrology authority (ESMA) directive, in December 31, 2014 officially banned the sale of standard incandescent bulbs in the United Arab emirates. UAE will lead the implementation of lighting standards and regulations throughout the middle east.