India LED market grew rapidly, the world's most potential market

In the occasion of the global LED market continues to expand. LED market is growing rapidly in India, becoming one of the most influential of the LED market. 2011, the Indian LED market reached 10.2% average annual growth rate of more than. LED products market in India mainly in the automotive, consumer electronics, communications, computers and lighting industries.

LED lighting market space in India: the overall annual growth rate will be 41.5%

With India's rapid progress of urbanization and industrialization, a large number of India's surge in demand for electricity, and consumption is also a lot of growth. Lighting power load 12% in India, if it is folded into carbon dioxide released, the combined, for a total energy consumption, will result in 52.5 billion tons of carbon dioxide emissions is only used for lighting. Thus, with energy saving features of the LED demand growth, according to data, if 25% of India's lighting system, LED lighting power load into a load of carbon dioxide emissions will be able to directly reduce emissions by 25% per year in India, its value of about 13 billion euros, which is a huge market.

It is reported that India's overall growth rate of the LED lighting market will be 41.5% until 2015. 2009 is only $ 49 million, which represents 3.1% of the lighting market, which means that market space and potential.

India imports mainly by demand for LED products

India's demand for LED products mainly rely on imports in 2004, imports amounted to 6,470 in India LED million U.S. dollars, import volume in 2005 has increased to 7,123 million U.S. dollars, import volume in 2006 reached 8,850 LED million U.S. dollars, annual rate of more than 11.93%, to 2010 India is expected to exceed $ 1 billion, 12% annual growth rate of breaking is quite the global LED market growth potential in emerging markets.

LED interior lighting market in India still need to cultivate

It is understood that in the Indian market, LED lighting is mainly outdoor use, many of the streets or on the monument, cheap LED torches is common outdoor use in India. At the same time, we can also see the LED lighting market in India has been limited: first, the price is too high, LED prices to drop at least 3 times. In fact, a lot of LED lights can be placed directly on a number of other direct replacement of fluorescent lamps, but the price is expensive, many people want the. Therefore, LED products must let people can bear in the economy. Another aspect, consumer awareness is still relatively low.