The prospects of the LED lighting market in Thailand are promising
Thailand, among the various countries in Southeast Asia, is considered to be one of the more developed countries. In addition to the ladyboy market, what about the LED lighting market? Benwei lighting LED lamp manufacturer will take a look with everyone.
First of all, let’s take a look at the lighting product retail market in Thailand. The lighting product market in Thailand is generally in large supermarkets, such as IKEA. The lighting products in IKEA are basically LED lights, such as LED bulb lights, LED ceiling lights, LED downlights, etc., the marked brand is IKEA (IKEA), but most of them are from China, and the price of LED lights is in line with the international market. For example, dimmable LED bulbs sell for 499 Thai dollars, which is about 100 yuan. The general LED bulb light is 199 Thai dollars, which is about 40 yuan.
There are also LED lamp stores in Bangkok. The LED lamps in the store are more personalized and of higher grade, and they are displayed in simulated scenes, which makes people feel very comfortable. Incandescent lamps are rare. Energy-saving lamps and LED lamps account for a high proportion. The price of LED lamps is slightly higher than that of energy-saving lamps. Judging from the current use situation, LED lighting products have more applications in indoor lighting, such as more common in hotels and hotels, and fewer outdoor applications, and they are generally only used for landscape lighting.
From the perspective of the lighting market in Southeast Asia, the LED lighting market in Southeast Asia was US$1.1 billion in 2014 and reached US$1.5 billion in 2015, with an annual growth rate of 36%. Thailand’s LED lighting market has reached US$330 million. In the next 5 years, the Thai government predicts that the LED market will grow at a compound annual growth rate of 30%, and the entire market value will increase from 900 million to 1 billion.
Therefore, from a long-term perspective, Thailand’s LED lighting market has a very good prospect, and many domestic LED light manufacturers have set their sights on the Thai market and are ready to get a share of it.
