Grew Jeff said that in 2013, the rapid development of the Russian LED industry, the growth rate reached 250%, LED lighting accounted for the Russian lighting industry market share of 10%. Data show that in 2013 the lighting market, the Russian LED bulb sales of 1 billion, sales of 40 billion rubles. The Russian government has introduced a series of measures to promote energy-saving lamps. It is estimated that by 2016, the market share of LED lighting will increase to about 35%.
According to Grew Jeff introduction, more than 50% of the Russian LED industry is imported products. If the proportion is higher, up to 70%. Guangdong Institute of strategic emerging industries, said Dr. Li Wenyu, in 2013, China's exports to Russia and CIS countries LED products totaling $800 million, of which Russia accounted for 75.74%. Chinese LED products in the Russian market accounted for more than 40%.
Grew Jeff said that in the development of the LED industry, Russia's goal is to increase the total trade between China and Russia LED industry is the first step, the second step is to attract China's advanced LED companies to set up factories in russia.
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