In accordance with a recent research report published by Economic Research Center of Moscow University, the growth rate of Russian LED lighting market will exceed 28% in 2012. In fact, an increasing number of industrial giants (including Philips, NVC, OSRAM, etc.) put forward various marketing plans to exploit Russian LED lighting market. In their point of view, it is an emerging market with powerful potentials. In the mean while, experts concerned about the industrial competitions will destroy the early booming of this market. After a set of comprehensive researches, economists of Russian concluded two characteristics of their lighting market.
1) The fluorescent tube market of Russia had a large maintain volume, but lacking of advanced recycling technologies and facilities. The wasted lead and mercury of scrapped tube glass caused serious and long-term damages to environment. In order to figure out some effective solutions for this problem, experts suggested that some processing centers should be established, the number and size should refer to the capacity. For the reason of lacking of capital, the growth rate of selling is further exceeded to the growth rate of recycling. The environmental issue will become the “bottleneck” that block the development of fluorescent lighting products in the long run.
2) The pursuit of profit has become one of the biggest obstacles of the market. The majority of Russian LED manufacturers competed for the lucrative professional lighting market, but paying much less attention to the mass energy-efficient lighting market. At the same time, the mass market had not been ready for a complete energy-saving-oriented transforming. Since Russian LED lighting market is an emerging market, most products sold in high prices. A standard LED lights cost 50 times more than ordinary incandescent lamps and 10-15 time more than fluorescent lamps, causing these products hardly be accepted by ordinary people. However, dealers did not take it seriously. They are more willing to concentrate on large public procurements of energy efficient lighting project, since these orders were mainly from buyers from public industries (like railway industry, chemical industry, electric power and oil industry, storage industry and public construction, etc.) who with “deep pockets”. Take Esi Waite Lanna photoelectric enterprise for example, this company have already signed more than 100 lighting contracts with Russian railway company.