One of the LED lighting emerging markets: India
With LED lighting applications mature, emerging markets accelerated into LED lighting. Emerging markets are the domestic LED export enterprises aiming a "New World", while the emerging markets of India as the world's second most populous country, and its economic growth and body mass market can not be underestimated.
India's manufacturing sector due to the current level is not high, the lower the overall level of LED lighting products on the market which, relative to the higher threshold of the European and North American markets, domestic enterprises are turning to the Indian market is likely to enter the ranks of its high-end products. Coupled with the Indian government is planning to encourage the promotion of the use of LED products, industry experts believe that the future of the Indian LED market growth rate may even be higher than 40%, as domestic LED enterprises to actively "beachhead" in the new position.
Furthermore, there is no uniform price in India, the states of each city has its own rules, tariffs are generally taken charge ladder, the more exponential increase in the number of electricity charges. Due to the high proportion of India's electricity supply privatization, private power companies are reluctant to rural electrification, the majority of the rural power shortage situation is very serious. India, the world-famous slum, its size being silent spread quietly eroded the city. Municipalities If you want to repair the cable, set up high-voltage lines, will be faced with the demolition of slum problem. These slums primary despite the bottom of society, but let the hand holding the politicians are afraid of "silver bullet", that is the vote. In every Indian elections or local elections, a huge number of slum voters are any politician can not ignore a powerful political force. India's politicians demolition exercise caution, demolitions occurred rarely. The result is the municipal building in most cities in India almost to a standstill, damaged roads, power facilities serious aging problem.
Because of India's poor infrastructure, low level of urbanization, seriously restricting the development of all aspects of India, these issues must be resolved. Therefore, in India's development will be the focus of these projects, these areas would be a huge cake, with a very large market potential, and the Indian National Lighting products are nearly 80% from China, China's reputation in India, whether or sales channels has certain advantages. April 2, 2014, the International Lighting Alliance (ISA) held the "global semiconductor lighting city Application Seminar" in Frankfurt, Germany, Taniyama Mr. Agger pointed out that India's lighting electricity consumption accounted for 20% of the country's electricity consumption, LED lighting market in 2015 will reach $ 470 million, and will account for 60% of the street. LED lighting were the biggest users of government, commercial and industrial sector. Civilian market because the price is relatively expensive, and Indian public lack of understanding of LED lighting, low recognition, LED commercial lighting demand is not great.
India's official release July 9 economic report that fiscal year 2014-2015, India's economic growth rate was 5.4% -5.9%, and the grid for the first time in India to attract foreign investment, the development of large transmission projects. Standard Chartered Private Equity plans to India's Sterlite Industries Sterlite Grid grid infrastructure businesses invest 5 billion rupees (520 million yuan), which is India's first grid pen foreign investment. Sterlite Grid Company is mainly engaged in the development and operation of transmission projects, Standard Chartered Private Equity will issue few convertible securities, funds received will be used for existing and new transmission projects for the telecommunications and electricity industries to provide more optimized, more advanced power transmission solutions.
Currently, India has about 300 million people unable to enjoy the benefits brought by the grid, due to the lack of the Indian core technology, mainly dependent on imports of LED lighting compared with conventional lamps, LED lamp price is quite expensive. So India is mainly outdoor LED lights use, along with the economic development of India, covering electricity supply, demand will be a substantial surge in the civilian market.