European markets occupy the mainstream of Chinese LED export

  2014 first quarter, China LED lighting exports continued to maintain high-speed growth, LED lighting exports increase of up to 143.2%, the highest growth rate, total exports of LED lamps $ 1,905,000,000.

 European markets occupy the mainstream of Chinese LED export

  From the export destination, the EU remains China's largest overseas market, the proportion of the total export value of 21.9%. On the one hand, the European Union in late 2013 launched the "SSL-erate" project, and during the Frankfurt Lighting Fair this year, launched the "Lighting for People" project; Meanwhile, according to EU statistics shown in Europe there are about 8 billion bulb needs to be replaced gradually, about 90 million traditional street lights need to be replaced. European lighting market has great potential waiting mining. On the other hand, by the impact of the new energy efficiency standards began in September 2013, the EU overall market growth rate decreased significantly from 93.93% in 2013 Q1 dropped to 43.74%, while its share of the total exports also fell by 7.15 percentage points from the corresponding . As the EU's new LED lighting product standards and energy efficiency standards, to further standardize and improve the import barriers, domestic exports for certain impact, the domestic LED manufacturers need to be targeted adjustment of export products. The opposite can also cause the production of regional imbalance in the supply chain needs, leaving a large gap in the market, which will be done after a period of adjustment to the domestic LED manufacturers to provide more opportunities for export expansion.

  By the United States in 2014 a total ban on inefficient incandescent and other traditional products to stimulate the U.S. market as the second largest market growth rate remained 63.09%. Market share in Japan and Hong Kong, China continued to shrink, accounting for 14.46 down to 7.89% by the Japanese. It is noteworthy that the market share of the rapidly expanding BRIC countries, in 2014 a quarter of an increase of 151.94%, accounting for 6.33 percent.

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