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Thailand's LED lighting demand is expected to increase by 30 in 5 years
With the promotion of energy-saving lighting by the Thai government and the sharp decline in the price of LED lighting, the demand for LED lighting is increasing. According to statistics, the total value of the Thai lighting market reached US$800 million in 2014, an increase of 12. Compared with 2013. In the near future, the total value of the Thai lighting market will grow to 900 million to 1 billion, driven by local governments and private companies. The US dollar is expected to grow at an annual rate of 30 in the next five years. Indoor lighting and industrial construction have become two important components of the Thai LED lighting market. According to the local electric power bureau of Thailand, Thailand's lighting products 80 need to be imported. The government has strongly supported the selection of energy-saving products in recent years. Thailand's huge market potential and increasingly strong purchasing power will bring business opportunities to Chinese companies. According to reports, the first Thailand International Lighting Exhibition will be held at the Bangkok International Trade Exhibition Center from August 19th to 21st, 2015. The organizers of the Thai Local Power Authority and the German Messe Frankfurt Co., Ltd. held a press conference in Shanghai recently, welcoming China. Enterprises exhibiting to showcase various innovative products and technologies from China to Thailand and other ASEAN Economic Community countries. The first Thailand International Lighting Exhibition is expected to bring together 250 exhibitors to fully display lighting, high-efficiency lighting equipment, LED raw materials, controllers, replacement lamps, LED-related accessories, equipment and other lighting products and renewable energy and solar energy buildings, intelligent lighting construction Solutions, etc., are expected to attract more than 5,000 professional visitors from industrial areas, factories, government agencies, commercial buildings, project purchasers, hotels, apartments, universities, temples and places of worship.