With the continuous improvement of the level of trade facilitation, cross-border e-commerce and other new trade and the rapid development of the country issued a series of policies and measures to promote the development of foreign trade, trade situation of China LED Street Light industry remains a larger advantage to learn under the following trade status quo:
1, LED Lighting favorable policies continue.
In recent years, incandescent eliminated, combined with huge government subsidies for export of energy-saving lamps, LED light industry companies, no doubt, is a great market positive. After 30 years of development, China‘s LED industry has experienced buying the device, to buy chips, buy a wafer after the road has achieved production of epitaxial wafers and chips, initially formed a relatively complete industrial chain, has become the world‘s major procurement of LED products ground. With the expanding global LED outreach, China‘s LED lighting exports will face unprecedented opportunities.
2, LED lighting market penetration will be increased dramatically.
According to global market research firm estimates that the LED lighting market in 2014 was $ 35.3 billion output value, an increase of 47.8% compared with 2013, 2014 LED lighting penetration rate will increase to 32.7%; and, in the past in the LED lighting market, because prices are Higher reason, the civilian market penetration has been low, but with LED lighting technology to enhance and change their prices constantly moving to the sweet spot. According to foreign UBS Securities noted that in 2014 the global LED lighting demand will surge 60%??, with the largest growth in household lighting, next year will be greatly increased 9 percent, far higher than the 37% and 57% of commercial industrial use, including applications the most widely used bulb and lamp penetration reached 20%, respectively, with 15 percent, a huge high-profile LED lighting market prospects for civil space.
3, heating demand in emerging markets LED lighting.
According CPbay comprehensive data show that, due to vigorously promote environmental awareness and government, LED lighting quickly penetrate in emerging markets such as Russia, India, Southeast Asia, the Middle East and Africa, these countries or regions due to the high heat of infrastructure investment, for LED lighting products demand showed a clear upward trend, or will become in 2014 the global LED market is another bright spot. In addition, China has bilateral trade agreements with ASEAN countries, exports to these countries, LED products can enjoy lower tariffs or zero tariffs; especially the Russian demand for LED lighting is also very large, small enterprises in their home led street light, firm size not much, technology is relatively backward, the demand for LED lighting is also larger.