India LED market overall annual growth rate of 41.5%

Continues to expand in the global LED market, LED market in India is also growing rapidly, becoming one of the most influential LED market. 2011 years ago, the average annual growth rate of India LED market reached more than 10.2%. India LED market is mainly distributed in the automotive, consumer electronics, communications, computer and lighting industries.

India LED lighting market space: overall annual growth rate of 41.5%

India is the sixth largest energy consumer in the world, accounting for about 3.4% of global energy consumption. In fact, by 2006 India per capita consumption has been very high. 2006 average annual production capacity increased to 68 billion degrees, India's electricity consumption is derived from the thermal power plant in the power plant, 21% from the hydropower plant, and from the nuclear power generation in the 75%, the power plant in the world, the total electricity consumption in the world is about 4%. Although we have introduced a lot of favorable rural electrification projects, but there are still 400 million of the people of India, they will lose power supply in a large area of power outages, and only one of the people of the transmission line of 80%.

With the rapid urbanization and industrialization of India, the demand for electricity in India is increasing sharply, and the consumption is increasing. Lighting power load in India accounted for 12%, if it is converted into carbon dioxide emissions, then, for the thermoelectric, for a total energy consumption, will cause 525 tons of carbon dioxide emissions only for lighting. Therefore, LED demand growth have the characteristics of energy saving and environmental protection, according to the data, if the lighting system of India electric power load 25% into LED lighting load, carbon dioxide emissions can directly reduce emissions 25%, equivalent to an annual output in India is about 1 billion 300 million euros, this is a huge market.

It is reported that the overall growth rate of India's 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 the market space and potential.

India LED products mainly rely on imports

India demand for LED products mainly rely on imports, imports in 2004 LED in India for $64 million 700 thousand, imports in 2005 has increased to $71 million 230 thousand in 2006, LED imports reached $88 million 500 thousand, the annual growth rate of more than 11.93%, to 2010, India is expected to exceed $1 billion, the annual growth rate of 12%, is one of the global LED market is quite a the development potential of emerging markets.

India LED lighting is mostly used for outdoor, indoor market still needs to cultivate

It is understood that in the India market, and now India LED lighting is mainly used outdoors, a lot of streets or monuments, LED outdoor use in India is more common. At the same time, we can also see the lighting market in India, LED has been some restrictions: first, the price is too high, the price of LED at least 3 times. In fact, a lot of LED lights can be directly placed on a number of other direct replacement of fluorescent lamps, but the price is expensive, many people do not want to. Therefore, LED products to enter the civilian market, it is necessary to allow residents to withstand the economy. There is also a sense of consumer awareness is still relatively low, the need for the government, the public know that LED is a low energy consumption lamps.