LED lighting from China lighting Russian market

CSA Research data show that 2013 annual amount of China’s LED lighting exports to Russia is $ 227 million, an increase of 260%, while the first half of 2014 exports amounted to only about $ 327 million, an increase of up to 571%. Russian rocket speed in one fell swoop leapt to China’s second largest export market, accounting for about 9% of China’s total export value in LED lighting products, and LED lighting in the BRIC countries China exports, and its market share is as high as about 75%.

LED lighting from China lighting Russian market

The report shows that in recent years, China’s LED lighting products export situation is climbing on the BRIC countries exports to maintain high-speed growth. 2013 LED lighting products export value of about $ 5.5 billion of annual, which exports $ 390 million BRIC countries, while the first half of 2014 export value of LED lighting products of approximately $ 4.35 billion, of which exports about 440 million BRIC countries dollars, an increase of up to 350%.

Union relevant responsible person said, with Russia to encourage the application of LED lighting and other energy-saving products to implement relevant programs, the country has great market space, Russia will become China’s LED lighting exports of a “new blue ocean.”

According to reports, the league has started relevant market research, is leading the preparation of LED exit the Russian market report, expected to be introduced in October. In addition, 2014 Moscow International Lighting Fair – International Lighting Exhibition lighting and technology will also be held in Moscow in November, will be held over the same period. “2014 Russian International Semiconductor Lighting Forum” (SSLRUSSIA 2014), expand into emerging markets for Chinese LED enterprises to create opportunities.

With the growing of the exporting, exacerbating the competitive environment of the domestic LED is also an urgent requirement to cultivate LED national team. It is understood that the semiconductor (LED) lighting energy industry energy efficiency “leader” system will be formally launched, and is organizing enterprise reporting, designed to regulate the market from the point of view of energy efficiency, develop a LED industry leader with international competitiveness. And when the future of the country related subsidies mature leader is also expected to give priority to benefit the company.