Thailand LED lighting market value will reach 80 billion baht

Mr. Jirasak Mantharngkul said that until 2014, LED lighting industry in Thailand market share of only 5%. 2014 LED market to grow to 14%, it is expected to grow to 30 percent this year. 2020, LED’s market share is expected to reach 70%. Thailand’s lighting market to grow 7% to 23 billion baht. Government statistics estimate the LED market value will reach 80 billion baht (US $ 244 million).

Thailand LED lighting market value will reach 80 billion baht

Energy efficiency labeling system in Thailand, the Asian region is one of the more successful and comprehensive energy efficiency labeling system, the system since its introduction, played a good energy saving effect. Of course, the successful implementation of the labeling system, thanks to evidence-based, guide the establishment of policies and incentives, as well as capital investment and in-depth publicity.

Energy-efficiency labeling management agency for the implementation agency DSM project –EGTA. Implemented directly by the power sector energy efficiency labeling system, which is different from the Thai energy efficiency labeling system with other countries to implement the labeling system. In addition, EGTA in order to ensure the interests of consumers annually will randomly placed a 5 energy labeling products that do not comply with energy efficiency rating label products will be canceled affixed label or downgrade.

In addition, Mr. Jirasak Mantharngkul promoting Thai energy certification logo certification formally issued a statement, Electricity Generating Authority of Thailand will ELI Efficient Lighting Thailand 5 certification will identify mutual recognition of energy certification in the near future. Electricity Generating Authority of Thailand Thank you very much important role in the promotion of Sino-Thai CSA standard mutual recognition play. Thailand hopes the mutual recognition of energy efficiency standards, speed up the popularization of Thailand efficient LED lighting products.