What are the primary three reasons promoting the development of China’s LED light

With the widespread application of LED products especially public LED light including LED tunnel lights and LED street light over the world, China’s LED lighting exported also has been rapid growth in volume and price for nearly three years. In addition to the slow recovery of the world economy and foreign trade situation better overall macroeconomic environment，there are mainly following positive factors attributing to its rapid growth:

     

Better market environment. First, due to the impact of consumer attitudes , energy prices and other factors, China’s domestic market of public LED light particularly LED tunnel lights and LED street light and other outdoor LED lamps rely more on government procurement , the civilian market is relatively lack. And foreign consumers generally have strong awareness of energy saving, and the price of public LED tunnel lights and LED street light is relatively high in overseas markets , the recovery period is shorter and profits are more lucrative ; secondly , the decline in global LED bulb price also stimulated the growth in rapid export, according to authoritative statistics of relevant market whether it is replace 40 -watt LED bulbs or 60-watt in many markets around the world , which are already lower than the minimum price of $ 10 , which have been basically equal to the price of traditional energy-saving lamps, which directly stimulates the demand for global LED tunnel lights and LED street lights and other public and household LED lighting, especially demand growth in emerging market countries .

Government policy support . First , the local government have been accelerated of constructing the LED public service platform such as the inspection and quarantine, testing and other technical standards to promote the development of trade of LED tunnel lights and LED street lights and other public and household LED lighting exported; Secondly, more and more countries are stepping up legislation to encourage the use of energy-efficient light sources , such as in addition the U.S. , EU, Japan , Australia and other developed markets have been subsidy of the LED tunnel lights and LED street lights and other indoor and household LED lighting products, they also have introduced policies and regulations to phase out incandescent , makes the demand for LED lighting markets has great room for growth in these countries.Browsing http://www.lead-lighting.com/products/bid32-1.htm for more information about LED tunnel lights.

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