Global LED Pattern Changes Overseas Market New Trend

- Apr 12, 2018-

    Nearly 150 million of LED lighting products exported to Brazil have broad market prospects.

    Brazil has always been an important overseas market for the export of LED lighting products in China. In the first half of 2017, the export of LED lighting products in China reached $146 million in Brazil, up 137.42% in the last year, and tenth in the ranking of China's LED export destination.

    From the point of view of product type, the export amount of LED bulb is the largest, up to 510 million US dollars, which is higher than the list of lamps not listed. After the lamp, lamp, lamp and lamp plane.——LED overseas market

    In the first half of 2017, there were 702 enterprises exporting to Brazil, of which the total export volume of the top 30 enterprises accounted for 60% of the total, and the top ten enterprises accounted for more than 30%.

    Thanks to the promotion of LED lighting products by the government of Brazil and local governments, according to TechSciResearch statistics, the demand for the LED market in Brazil was $848 million in 2016, and it is expected to grow to $2 billion 562 million in 2022 to achieve a 20.25% annual growth rate.——LED overseas market

    In 2016, the supply scale of LED in Brazil was 988 million US dollars, and it is expected to grow to 2 billion 726 million US dollars by 2022, with a compound annual growth rate of 18.55%.

    As the government and local authorities are committed to the promotion of LED lighting solutions and the impact of hosting the Olympic Games and the world cup, outdoor lighting occupies the largest market share in the LED demand market in Brazil, which occupies 33.2% of the market share in 2016.——LED overseas market

    With the improvement of the adoption rate of LED lighting in the intelligent city and other building construction projects, from the LED product type exported to Brazil in 2017, the largest share of the bulb lamp in indoor lighting is expected, and the application of indoor LED lighting products is expected to be further expanded.

    The US launched the "301" survey. China's LED industry is in danger.——LED overseas market

    American president Trump signed an administrative memorandum at the White House on the afternoon of 14 in the United States, instructing us trade representative lett hill to launch an investigation into the so-called "unfair trade in China" to ensure the protection of intellectual property and technology in the United States. The so-called investigation is based on the 301st article of the 1974 trade act of the United States, also known as the "301 investigation", which authorizes the United States trade representative to initiate an investigation into the unreasonable or unfair trade practices in his country, and may suggest that the president of the United States carry out unilateral tailoring, such as additional tariff, after the end of the investigation.

    India: 2019 or the first 100% LED lighting countries in the world.——LED overseas market

    Piyush Goyal, India's electricity, coal, new energy and renewable energy minister, said on Wednesday that by 2019, India could be the first country in the world to use only LED products for lighting. He said: "India will probably become the first country in the world to use LED for lighting needs before 2019".

    Goyal delivered the speech at the signing ceremony of the memorandum signed by India Energy Efficiency Service Co., Ltd. (EESL) and three state-owned oil marketing companies (OMCs).——LED overseas market