China Sourcing Report: LED Lighting Fixtures Covers Pricing, Supply
Market Trends, Suppliers and Details on Ceiling-Mount, In-Ground and
Wall-Mount Light Emitting Diode Fixtures for Export
HONG KONG, May 5 /Xinhua-PRNewswire-FirstCall/ -- Eighty-one percent of Greater China LED light fixture suppliers predict strong export growth of 10 percent or more in the next 12 months, due primarily to a wider range of
LED-based general lighting applications. This is according to Global Sources' (Nasdaq: GSOL) China Sourcing Report: LED Light Fixtures (http://www.ChinaSourcingReports.com/ledlightfixtures ) .
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
"The use of LEDs in functional everyday lighting is moving into the mainstream, especially in developed markets. This, in turn, is fueling product development, with Greater China manufacturers seeking to gain an edge through improved performance and application flexibility," said the Report's publisher Spenser Au.
Among surveyed LED lighting suppliers' product development plans for the coming months:
-- 59 percent are focused on general lighting applications;
-- 22 percent are improving optical / lighting design;
-- 11 percent are developing models with brighter output; and
-- 8 percent are working to decrease decay / deterioration rates.
Most Greater China Suppliers Predicting Strong Growth, Targeting EU Market
"Greater China suppliers are predicting strong export sales of LED fixtures, as demand grows and they expand their product lines to include a wider range of lighting applications," said Au.
Among surveyed Greater China manufacturers:
-- 67 percent said export sales are expected to increase by 20 percent or
more;
-- 14 percent expect increases of 10 to 20 percent; and
-- 19 percent expect sales to stay flat or to grow by less than 10 percent.
Suppliers are focused on exports to Western markets where the relatively high cost of LED lights versus standard lights is not as much of an issue. Among surveyed suppliers, 56 percent are targeting the EU and 35 percent are targeting exports to the United States.
Au said: "As applications for LED lighting expand and the cost of diodes and other key components drops, most suppliers see the market as poised for growth."
In-Factory Interviews, Price Forecasts and New LED Light Fixture Models
The 96-page China Sourcing Report: LED Light Fixtures provides detailed profiles of 37 suppliers with verified manufacturing and export credentials. It includes a Product Gallery featuring 87 of the most popular export models, with key specifications and full-color pictures.
The Report's surveys, price trends and supply forecasts aim to help buyers make better-informed purchasing decisions.
Specialized Global Sources Websites, Trade Shows, Magazines and Research Reports
China Sourcing Reports are part of Global Sources' portfolio of brands for sourcing and product information services, which include Global Sources Online (http://www.globalsources.com ), the China Sourcing Fairs (http://www.chinasourcingfair.com ), Global Sources trade magazines and Global Sources Direct (http://www.GlobalSourcesDirect.com ). For more information, visit http://www.corporate.globalsources.com .
The China Sourcing Report: LED Light Fixtures is available for purchase at http://www.ChinaSourcingReports.com/ledlightfixtures .
Information about Greater China light fixtures suppliers and products can be found at
http://www.chinasuppliers.globalsources.com/china-suppliers/Lighting-Fixtures.htm . (Note: If the URL above wraps to a second line, paste both lines into the browser.)
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 657,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2 million products and more than 170,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 29 times a year across nine cities.
Suppliers receive more than 27 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
e-mail: cso@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
e-mail: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
e-mail: investor@globalsources.com
Global Sources Investor Contact in U.S.:
Christiane Pelz & Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
e-mail: investor@globalsources.com
