India’s demand for LED products mainly rely on imports

India’s demand for LED products mainly rely on imports, high power LED flood light and other commercial and household LED light imported in India amounted to $ 64.7 million in 2004 , which has increased to $ 7,123 million in 2005 and reached $ 88.5 million, in 2006 , annual growth rate of high power LED flood light and other commercial and household LED light over 11.93 %，which is expected to be more than 2 billion U.S. dollars in 2014, breaking the 12% of annual growth rate is one of the considerable potential development emerging markets in the global LED market.

   

Most manufacturers specializing in high power LED flood light and other commercial and household LED solutions optimistic about the Indian market.

Taiwan Trade Association said  according to customs statistics, India -emitting diode products imported from Taiwan amounted only $ 630,000 in 2003 , the export value has exceeded millions of dollars until 2008, even in 2009 and 2010 , the average value of lighting products including high power LED flood light and other commercial and household LED lighting exported is as much as 23 million dollars. The main reason for the growth of high power LED flood light and other outdoor and household LED light is that the popularity of energy efficiency issued is and the rise of global economic growth turning to emerging markets , while the European debt crisis depressed European, American and Japanese economic growth , the majority of Taiwanese is still bullish on India LED market and strengthen international marketing MIT products through the LED Expo Exhibition platform, whcih contribute to enhance the acceptance of Taiwanese in the Indian market , expanding the market share Taiwan’s high power LED flood light and other outdoor and indoor LED products in India .

“In addition to China , Seoul Semiconductor has offices in Southeast Asian countries such as India , there is great lighting consumer market in China and India, so the Seoul Semiconductor focus on the market of high power LED flood light and other outdoor and household LED lights in China , India, Korea and Japan. ” Jian-Ming Li，general manager of Greater China sales Corporation , Seoul Semiconductor, , said that India will become one of the most influential development of LED lighting market.Browsing http://www.lead-lighting.com/products/sid125-1.htm for more information about high power LED flood light.

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