Southeast Asia or into the LED lighting industry "turning" holy place?
On September 3, the 10th China-ASEAN Expo was grandly opened at the Nanning International Convention and Exhibition Center. This year's Expo has a bright spot. It is the 9th pavilion where LED lighting companies and various environmental protection companies gather. The lighting and the enamel shop are displayed in a wide variety of LED lamps.
In addition to the LED lighting related exhibitions, the ASEAN exhibition also has various concept demonstrations of renewable energy power generation, sewage treatment, and energy-saving equipment manufacturing, which have become the focus of the exhibitors.
China is the world's largest LED lighting production area. At present, it has formed a relatively large industrial chain. It has a strong enterprise and fierce competition. Although the domestic market is a big cake, it is still very common to open up new markets in terms of overcapacity. necessary. According to industry analysts, the Southeast Asian market will be the next “battlefield†pursued by LED companies, not only because of the zero-tariff policy of the China-ASEAN Free Trade Area, but also because of the “goodness†of the Southeast Asian market itself.
Will the Southeast Asian market become a “turning†sacred place for domestic LED companies? The reporter visited a number of LED lighting companies on this issue, and they have shown great interest in the Southeast Asian market. Tao Hui, vice president of Scorpio Light, said that it is necessary to dig into the Southeast Asian market.
According to the industry, in India, Vietnam, and Thailand, Jasgit Singh Chad, founder of the Mumbai Rural Solar Energy Foundation, said that the overall trend of India's LED lighting market is expected to grow at an annual growth rate of 41.5%. Until 2015.
Vietnam is also accelerating the process of urbanization. It is estimated that by 2015, its urbanization level will reach 38%; Thailand's 2012 lighting market will have a total value of about US$250 million, and LED penetration will be about 10%. It is expected that by 2015, LED The penetration rate of lighting in the Thai market will increase to more than 45%. Governments in Southeast Asia are also actively promoting LEDs, which contain unlimited business opportunities.
In addition to the LED lighting related exhibitions, the ASEAN exhibition also has various concept demonstrations of renewable energy power generation, sewage treatment, and energy-saving equipment manufacturing, which have become the focus of the exhibitors.
China is the world's largest LED lighting production area. At present, it has formed a relatively large industrial chain. It has a strong enterprise and fierce competition. Although the domestic market is a big cake, it is still very common to open up new markets in terms of overcapacity. necessary. According to industry analysts, the Southeast Asian market will be the next “battlefield†pursued by LED companies, not only because of the zero-tariff policy of the China-ASEAN Free Trade Area, but also because of the “goodness†of the Southeast Asian market itself.
Will the Southeast Asian market become a “turning†sacred place for domestic LED companies? The reporter visited a number of LED lighting companies on this issue, and they have shown great interest in the Southeast Asian market. Tao Hui, vice president of Scorpio Light, said that it is necessary to dig into the Southeast Asian market.
According to the industry, in India, Vietnam, and Thailand, Jasgit Singh Chad, founder of the Mumbai Rural Solar Energy Foundation, said that the overall trend of India's LED lighting market is expected to grow at an annual growth rate of 41.5%. Until 2015.
Vietnam is also accelerating the process of urbanization. It is estimated that by 2015, its urbanization level will reach 38%; Thailand's 2012 lighting market will have a total value of about US$250 million, and LED penetration will be about 10%. It is expected that by 2015, LED The penetration rate of lighting in the Thai market will increase to more than 45%. Governments in Southeast Asia are also actively promoting LEDs, which contain unlimited business opportunities.
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