LEDs in
general are among the fastest growing products in the world widely being
accepted by consumers due to the fact that it is energy efficient and cost
effective. Lots of entrepreneurs are into the manufacturing of different kinds
of LED lights mainly Energy Saving LED Outdoor Bulbs as it is very profitable. The majority
of them are from mainland China. One of my client is also the manufacturer of different
sorts of LED Lights based in Hong Kong with factories in Guangzhou.
My client
like almost every other asked me to focus on USA as in the minds of
manufacturer it is the largest market for LED Lights. But on the other hand it
is the most competitive market as well where buyers play on prices and certificates
(which are mandatory). I did a bit of market research to find out what are the
emerging markets and proven markets where the need for LED Lightings is on the
rise if not high.
I found out
that Middle East and South East Asia is one of the emerging markets for LED
Lights with high demand for LED Light Bulb, LED High Bay Lights and LED Street
Lights. The market trend is on the rise there mainly because of the flourishing
Hotel Industry and a boom in economy
which has led to many high rise buildings all needing lightings and LED being
the first and foremost choice. And since the population that the country is
moving to those emerging cities of tomorrow so evidently there is a rise in
indoor LED Lightings as well such as Indoor LED Tube Lights Manufacturer, LED Spot Lights etc.
So it is
evident that South East Asia and Middle East are or should be the top choice
for LED Manufacturers who targets USA as their sole choice.
