LED lamps are popular in Thailand, and the market size is expected to exceed 0. 9 billion this year

LED lighting tubes are increasingly favored by Thai consumers, and prices are falling as more and more enterprises join the competition in the LED lighting tube market. At present, the average price of LED lighting tubes is about 6-3 years ago compared with ordinary tubes-7 times down to about 2-now-4 times level. Some LED lamps, especially those with no more than 8 Watts, have their prices close to those of ordinary lamps. In addition, due to the energy-saving characteristics of LED lamps and their longer service life than ordinary lamps, government departments publicize energy conservation and encourage the use of LED lamps instead of fluorescent lamps, prompting small and medium-sized enterprises and some consumers to switch to more LED lamps, in addition, LED lamps are used in factories, farms or new houses or apartment decoration, because it is considered more economical to install LED lamps in the long run. Kaitai Research Center (Thailand Kaitai Bank subsidiary) It is believed that the above factors are expected to promote a substantial increase in the demand for LED lighting tubes in Thailand, and promote the continuous growth of the LED lighting tube market. Kaitai research center predicts that the market value of LED lighting lamps in 2016 is expected to increase from 37. In 2015. 0. 3 billion baht (Equivalent to RMB about 6. RMB 9. 6 billion)Expand to 49. 8-51. 0. 5 billion baht (Equivalent to about 9. 30-9. RMB 6. 2 billion)The year-on-year increase will be from 2015 27. 7 expanded to 33. 5-38. 1. The total value of the lighting tube market will reach 219 in 2016. 7-223. 0. 8 billion baht (Equivalent to RMB about 41. 04-41. RMB 8. 1 billion), Compared with 207 in 2015. 0. 2 billion baht Growth 6- 8, among which the market value of LED lighting tubes is expected to reach 23. 0. The Kaitai research center expects that if the household and business sectors switch to LED lighting tubes instead of ordinary tubes, the proportion of all lighting tubes will be 10%, which will save Thailand's annual lighting expenses by 81. 0. 9 billion baht, accounting for of all lighting expenses. 9. If the proportion of LED lighting tubes can reach 409 of the existing lighting tubes, the annual electricity consumption of lighting lamps can be saved as high. 49. 9 billion baht, accounting for of all lighting expenses. 4.