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Enterprises in Shenzhen LED into the ASEAN to seize market opportunities

Enterprises in Shenzhen LED into the ASEAN to seize market opportunities

The global LED market is warmer, just a good time for Shenzhen LED enterprises to grab market share.

The global LED market gradually pick up from October last year, and the first quarter of this year, a sharp rise in demand, emerging markets is particularly prominent. It is reported that, the investment in infrastructure construction heat of Russia, Thailand, Vietnam, India, Africa and other countries and regions is gone up, the demand of emerging markets to led lighting will continue to heat up in 2013. India, as the largest and most populous countries in South Asia, spare no effort to promote the traditional lighting system into LED lighting. The country lighting products for nearly 80% of China's national, the LED compound annual growth rate is expected to reach 41% in 2015.

Research report, nearly a thousand manufacturing enterprises, 10.6% of the enterprises are mainly exported to Southeast Asia, just after the EU 17.0% and 15.9% in North America. Of these, 37.4% of enterprises optimistic about the Southeast Asian region, believing the needs of the region will be a steady increase in 2013.

Compared with the traditional lighting products, the price of LED is more higher, so some countries of ASEAN and South Asia have not really promote them. But these markets are very promising. Currently, the global economy has begun to pick up, for lighting industry in China, ASEAN and South Asia area is a very broad market.


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