Shenzhen LED companies want to seize the Southeast Asian market

The Ministry of Commerce website news, the GMC (Global ManufacturersCertificate) Quality Manufacturers Alliance initiated by the Global Market Group and published the "GMC Annual Inventory of China Made 2012" research report shows that among the nearly 1,000 manufacturing companies interviewed, 10.6 enterprises mainly export Southeast Asia is second only to the EU's 17.0 and North America's 15.9. Among them, 37.4 companies are optimistic about Southeast Asia and believe that demand in the region will rise steadily in 2013.
The global LED market has gradually recovered from last October, and demand has risen sharply in the first quarter of this year, especially in emerging markets. It is reported that Russia, Thailand, Vietnam, India, Africa and other countries and regions have seen an increase in investment in infrastructure construction. In 2013, the demand for LED lighting in emerging markets will continue to heat up. In Vietnam, for example, Vietnam will achieve a level of urbanization of 38 by 2015, which will be a great opportunity for China's LED lighting exports. In addition, India, as the country with the largest population in South Asia, has spared no effort in promoting the conversion of traditional lighting systems to LED lighting. This national lighting product is nearly 80 countries from China, and the annual compound growth rate of LEDs is expected to reach 41 by 2015. .
Compared with traditional lighting products, LED prices are high, so some countries in ASEAN and South Asia have not really promoted them, but these markets have great potential. At present, the global economy has begun to pick up. The ASEAN and South Asia regions have a very broad market for the Chinese lighting industry. It is a good time for Shenzhen LED companies to seize market share.

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