May 18, 2024

What is the future prospect of Thailand's LED lighting market?


As the second largest economy in Southeast Asia, Thailand's LED lighting industry is growing rapidly. In 2012, the penetration rate of LED lighting market in Thailand reached 12, and it is expected that the LED lighting output value will account for 45-50 of the entire lighting industry in 2015. In recent years, driven by the good momentum of economic development in emerging economies, the LED lighting market has also become a global concern. Key area.
The rapid start of the LED lighting market in Thailand has benefited from the unique energy-saving and environmental protection advantages of LED emerging light sources. On the other hand, the Thai government is also actively guiding and vigorously promoting the application of new LED light sources. In 2011, the Ministry of Internal Energy of Thailand, the National Highway Office, the Rural Road Department and the Promotion and Administration Department jointly promoted the use of LED bulbs to replace the original street lamps and public places. Driven by strong economic growth and the promotion of the government, the construction and renovation of stadiums, municipal squares, roads, airports, campuses, supermarkets, banks, etc. are in full swing, and the LED lighting market in Thailand can be expected. However, Thailand's domestic industrial base is weak, the LED lighting industry is weak, domestic LED lighting production enterprises are few, mainly relying on imports, and China is Thailand's second largest trading partner, many domestic LED lighting companies will target emerging markets such as Thailand.
How much will the Thai LED lighting market have, and at what speed will it grow? What measures have the Thai government made in promoting the popularization of LED lighting, and what results have been achieved. In addition to tariff-free and other preferential policies, what new policies and measures will be promoted by the government. At present, what is the LED lighting market that is the first to start and the demand is relatively concentrated? What are the barriers to entry and what kind of products can be favored by the market? These are all issues that require a deep understanding of the companies in the LED lighting market in Thailand.

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