In a market awash with LED lighting products amid falling prices, the industry is increasingly turning to smart lighting and other system items in the search for growth. The global market is expected to remain steady in 2016, according to industry players at the Hong Kong International Lighting Fair (Autumn Edition) held in October 2015. More
Smart lighting has become a buzzword in the LED lighting industry due to its potential to become a key consumer product, according to Roger Chu, Research Director of the green energy department at Taiwan-based Trend Force. More
With a proliferation of LED applications, it is expected that the global market for lighting products will remain steady in 2015. The development of smart appliances by leading technology players, especially those related to the household systems, is likely to benefit the lighting industry in the medium term. China and several of the mature markets are seen as the markets with the highest growth potential over the next two years.
Industry players are generally optimistic with regard to the global market for lighting products in 2015, as LED applications are set to proliferate in view of a continuing drop in prices. China, North America and Western Europe are, meanwhile, regarded as the markets with the highest growth potential over the next couple of years. More
LED applications have proliferated in both commercial and household lighting areas, while e-tailing has become an increasingly important sales channel for lighting products. The survey on the 2014 Hong Kong International Lighting Fair (Spring Edition) reveals that the market for lighting products will remain steady this year. More
There is a consensus that LED and green lighting will continue to be their lead business focus, notwithstanding the keen market competition. While many are keeping an eye on the emerging markets – particularly China and ASEAN - there is also renewed optimism toward North America and Western Europe. On the whole, a steady lighting demand is expected in 2014, according to the survey conducted by HKTDC Research at the Hong Kong International Lighting Fair (Autumn Edition). More
LED sales and increased demand in Russia and the Chinese Mainland are fuelling optimism in the lighting industry, according to a recent HKTDC survey at the Hong Kong International Lighting Fair (Spring Edition) held in April 2013. The findings also show a higher degree of optimism in the industry than that demonstrated at the already buoyant October 2012 fair. More