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Six Hidden Business Opportunities in Led Overseas Market May 15, 2019

Since the economy is not so optimistic in China recently, many company choose to overseas market. China has become a production base of global LED lighting products, lighting industry in 2013 sales of 470000000000 yuan, lighting products exports amounted to $33570000000 (about 205656000000 yuan), the highest record, LED lighting products exports amounted to $6000000000 (about 36757000000 yuan), imports reached 2410000000 dollars (about 14797000000 yuan). The LED lighting products of export enterprises reached more than 7000. 1 - 2014 June exports of lighting products for $17670000000 (about 108249000000 yuan), of which LED lighting products with exports amounting to 3890000000 dollars (about 23820000000 yuan).


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The European market

At present, exports to the EU LED lighting products, "without card" products still occupy most of the export products, the price decline, the crackdown on standard limit and other multi barrier, want to grasp the "potential shares" market, the enterprises also need to caution.


The Middle East market

Recently, the United Arab Emirates National Quality Standards Bureau announced the new standard for indoor lighting, including import ban incandescent lamps; indoor lighting shall use energy-saving lamps (CFL), LED lamp and iodine tungsten lamp bulb; level in the mercury content of more than three kinds of environmentally friendly lighting products has been banned in the United Arab.


Emirates market

Relative to Europe and the United States market, Middle East market is more sensitive to the price, the higher price products will be more popular.


India Market

LED lighting products in 2013 the year of China's export of India export amount of $57000000, the first half of 2014 the export value of about $49000000, up 260% year on year increase. The future of the India LED market annual growth rate may be even greater than 40%, at present, India has become the new position of the domestic LED enterprises to actively "rushing".


The African market

The African market is in the application of low-end lighting market, in product performance requirements is not very high, low cost, with lighting function, the basic reliability and durability, guarantee 3 years without replacement, simple operation of the product can meet the demand of the market.


The Russian market

After joining the WTO, Russia's overall tariff from 10% to 7.8%, which makes China's LED enterprises to enter the Russian market is more unblocked. The Russian LED lighting market's annual growth rate of up to 28-48%, the potential ability of lighting equipment market now amounted to 560000000 euros, and for all the light source replaced Russia, need 110000000000 LED lights, more than half of them will be used for commercial and civil fields.


Thanks to economic globalization, Smarts Electronics can have this opportunity to cooperate with partner from all over the world. And we will seize those opportunityprovide the best service and highest led driver/power supply to all of our customers.


Related readings: DALI dimming LED driver, dali led driver, flood light power supply

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