Rising demand for an efficient light source will boost the LED Market in China

Netscribes (India) Pvt. Ltd., launches a report on the LED Market in China 2011 as part of Netscribes’ Manufacturing Industry series.

Mumbai, India – June 24, 2011 – Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its LED Market in China 2011 report. Rising demand for environment friendly lighting source supported by economic development along with major development in technology will boost the demand for LED lighting in China.

The report begins with an overview to the LED industry in China covering the market size and growth. It then discusses the various segments in which LED is widely being used with region-wise as well as usage-wise market segmentation. It includes information about the cost breakdown of the LED lights. The major characteristics, the value chain and processes have also been covered. The EXIM market has been covered including total exports and imports with segmented share by country.

An analysis of drivers and challenges explains the factors leading to the growth of the market and include localization of chip manufacturing, growing demand among consumer goods, huge foreign investments, banning of incandescent lamps, longer life span, low energy consumption, and environment friendly. The key challenges identified are overcapacity and technology issue, and high initial cost.

The government policies have been highlighted and include the 10 villages 10,000 lights program, 1000 village solar LED lighting plan, support programs of the central government and local government to promote LED lighting in China. It includes the initiatives being taken by the government of China which is looking to restructure the market, introduce various lighting programs and offer subsidies to the manufacturers and end users.

The competition section provides subscription a brief profile of the major players which includes a snapshot of their corporation and financial performance, providing an insight into the existing competitive scenario.

About Netscribes (India) Pvt. Ltd.

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

Gaurav Kumar
Podar Center, 85 Parel Post Office Lane
Off Dr. Ambedkar Road, Parel (East)
Mumbai 400 012
Maharashtra, India
Tel: +91 33 4064 6214
gaurav.kumar@netscribes.com

This release was published on openPR.