Investigation and Research on the status quo of Thailand LED lighting market

With the promotion of LED lighting products and the decline in prices, in 2015 the rapid rise in LED lighting penetration. However, despite the rapid increase in market demand, but because of intense price competition, coupled with some mature market demand for LED lighting slowdown. So each LED manufacturers have to look to emerging markets. The Southeast Asian region as the ASEAN was established, and China Belt and Road Initiative strategy to drive the basic construction of a large number of investment, so the LED lighting market demand of local market attention.

Southeast Asia LED lighting market size growth Li Daoqiang

According to LEDinside estimates, in 2014 the size of the LED lighting market in Southeast Asia reached $1 billion 100 million. With the rapid growth of the population, government policy support, as well as major companies to invest in R & D, 2015 LED market is expected to be stable and sustainable development. Therefore, in 2015 the size of the LED lighting market in Southeast Asia will reach $1 billion 500 million, an annual increase of up to 36%.

Southeast Asian countries, emerging Thailand lighting market potential. LEDinside assessment, 2015 Thailand LED lighting market value has reached $330 million. The Thailand government estimates that the composite growth rate (CAGR) of the LED market will reach 30% in the next 5 years, raising the market value from $900 million to $1 billion.

At the same time, from both sides of the Strait, Japan and South Korea's overseas enterprises, have been attracted by Thailand's economic, trade and transportation hub in Asia, to Thailand entrepreneurship. Since 2011, foreign investors have increased their funds to invest in Thailand lighting industry, and locked in the domestic and ASEAN areas. And through the EcoLight Tech Asia 2015 activities, LEDinside visited several local Thailand LED lighting manufacturers to understand the local LED lighting market conditions, including TP Halo and EVE Lighting.

Thailand's first LED packaging plant is Tai Tai joint venture

TP Halo managing director Howard Huang said: by a local company in Thailand and Taiwan regional technical team joint venture, is also the first local LED packaging manufacturer, TP Halo also constantly pay attention to any possible opportunity. TP Halo since 2006 began to invest more than $5 million in Thailand. Thailand from the local fortune, the company has extended to other ASEAN regional markets, including Burma, Kampuchea, Vietnam, etc.. TP Halo mainly produces LED packaging, the supply of domestic and overseas lighting needs. TP Halo LED in the local market are high-grade positioning, to LED quality as priority, including the choice of using high-quality EPISTAR wafers and Japanese imports of LED photoelectric sealing glue, and the majority of products using gold wire bonding. LED chip specifications, including 2835, 3528, 5050, 1206, 0805 and 0603 LED package.

In addition to LED Package, TP Halo and also from the upstream technical control, product line will be extended to LED lighting application products to meet the demand of the market. Thailand local lighting includes LED lamp, LED lamp, even by market demand should be repellent LED lighting bulb. From the LED to the finished products are manufactured locally in Thailand, so many local market and the acquisition of OEM orders. With the increase in demand, the company hopes to increase revenue by 30% in 2016. "

EVE Lighting and chairman of Komkrit Mekiyanon said: "the EVE Lighting LED is one of the leading industry in Thailand, also plans to start production of LED lights, LED panel lights, LED lights, LED A60 and LED DOB products. "

EVE Lighting was founded in 2008, originally as the traditional lighting dealers, because of good cooperation after the establishment of the ASEAN economies, the rapid increase in Southeast Asian countries LED lighting demand will, and then transition to LED lighting manufacturers. Especially after the establishment of the ASEAN cooperative economy, will be due to tariff, product safety certification and other factors, making the advantages of local production will be highlighted.

The company's revenue growth of 50% over the previous year, and is now actively preparing for the upcoming ASEAN cooperation in the economy and market opening. EVE Lighting focus on the B2B market, is committed to achieve market share of 30%, while for the consumer market, is expected to reach the market share of the city of 50%. "

Hundreds of exhibitors, Thailand future exhibition appeal can be expected

The Thailand Electric Power Bureau hosted the 2015 EcoLightTech Asia international power exhibition will be a new DOB and LED OEM suppliers to improve the visibility of ASEAN countries and exhibitors. For example Thailand exhibitors said, but in fact the Thailand Electric Power Bureau invited more than 100 industry-leading exhibitors, and will have more than 5000 people from around the world to gongxiangshengju.

It is worth mentioning that, in 2015 the International Lighting Fair will also have 4 major trade fairs held in parallel, including solar energy systems, LED lighting applications, cooling technology, energy management.

The trade exhibition will provide free consultation by experts, such health examination center can also go to the exhibition organizers set, can accept the on-site consultation, including the solar system, LED lighting applications, cooling technology, energy management consulting project. According to some consulting projects, in addition to providing manufacturers with free information and recommendations, but also to help the factory more energy-efficient and environmentally friendly way to deal with the problem of power supply and energy saving. Analyst stored in super; translation: Zhang Yahan

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