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Follow on Google News | Southeast LED lighting market growing strongWith the upgrading of LED lighting products, technology, and falling prices, the 2015 LED lighting penetration rate rising fast. However, despite the rapid improvement of market demand, due to fierce price competition,
By: ENELTEC It is estimated that in 2014 LED lighting market in Southeast Asia reached $ 1.1 billion. With rapid population growth, government policy support, as well as major businesses investing in research and development, in 2015 promising LED market is expected to be stable and sustainable development. Therefore, the LED lighting market in Southeast Asia in 2015 will reach $ 1.5 billion, annual growth rate as high as 36%. In southeast Asian countries, the emerging trend is bullish after the lighting market in Thailand. According to the assessment, in 2015 Thailand's LED lighting market value reached $ 330 million. The Thai government estimates the LED market compound annual growth rate (CAGR) to reach 30% in the next five years, the entire market value increased from 900 million to 1 billion. led explosion proof lighting https://www.eneltec- At the same time, overseas companies, Japan and South Korea, all have the economic, trade, and transportation hubs in Asia, Thailand advantage to attract business to Thailand. Foreign-2011 since that is betting on increased funding lighting industry in Thailand, China, and the ASEAN region locking. This time through the Eco Light Tech Asia 2015 event, LED inside visited several local Thai LED lighting manufacturers to understand the local LED lighting market conditions, including TP Halo and EVE Lighting. best led headlights http://bestledheadlight.com/ End
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