LED Lighting Market Situation Overseas

 Under the impetus of the strategy of going out, more and more gu10 LED bulbs wholesale in China have interests in markets overseas. However, they do not dare to put interests into practice. Market reports provided by various institutions are always different from each other. Investment seminars talking about invest overseas only pay attention to the opportunities but ignore the risk.

On the basis of customs data and comprehensive multi-agency reports, combined with the scene of a number of overseas investment seminars, investment opportunities and risks of buy LED flat panel light invests overseas can be evaluated. Here are some recommendations and warnings.

Firstly, let us talk about the Greece. The Greece failed to repay IMF loans of 1.5 billion euros, becoming the first advanced economies to betray the rules of the IMF since it was founded seventy years ago. Global news media say that Greece is in the verge of bankruptcy. Greek companies are facing severe test of survival. Lighting companies in Greece say that customers overseas do not dare to offer orders to Greek companies. However, if there is risk, there is hope. Chinese wholesale LED panel light manufacturers have not played an important role in the Greek economy. Therefore, Greek commercial space of LED lighting is relative large.

Secondly, we are talking about Australia. Australia is one of the first countries to eliminate incandescent lamps. We will not see the sales of incandescent lamps in Australia. Instead, halogen and fluorescent lamps are popular. Australia is a typical case of the sparsely populated country. There are about 7 million to 8 million households and each family has 70 to 80 lamp stand in average. LED fluorescent tube for sale and LED downlight is more common to see in urban areas of Australia. The threshold of lighting market in Australia is high for foreign enterprises. However, compared with US and European markets, LED lighting manufacturers in China are relatively unfamiliar to Australia. So there will be more chances in Australia. This year, the retail price of LED bulb and LED downlight products in Australia generally decreases by 30%. It is suitable for middle-class brands to enter the Australia markets.

Thirdly, the Europe is worth talking about. From 2014, the European countries have begun phasing out the largest amount of incandescent lamps which have been widely used in civilian lighting. With a total ban on incandescent lamps, LED industry development prospects in Europe will be very good in the next few years. Therefore, there are chances for LED lighting manufacturers from China to open Europe market. 

Posted November 8, 2015 21:04