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Philips Low seize Indian market ,Chinese LED enterprises are facing challenges

  • Source:net
  • Release on :2016-09-23
      Shenzhen Risen OPTO Co.,Ltd,led flood light supplier,Aluminum Alloy Flood Light Manufacturers,waterproof led lamps supplier china.
       Despite India's demand surge LED bulbs, but Philips, Osram and other international lighting giants using the "price war" to seize the market, leading to the Indian market LED prices drop rapidly, China LED enterprise layout Indian market will face significant competitive pressures.

       In recent years, India vigorously subsidy LED bulb replacement, hoping LED lighting policy to reduce dependence on imported energy. India Power Energy recently pointed out, the second half of 2016 LED bulbs daily shipments will reach one million by 2018 will be fully replaced by LED bulbs, the overall size of about 770 million, has become a war zone the global LED lighting market.

      As a high-potential emerging markets, the Indian market has become the focus of many LED enterprises compete. Recently, Philips Lighting in LED Bulb tenders Indian government disclosure, resorted to "price Shazhao" with a price of just 0.57 dollars (about 3.8 yuan) of 9WLED bulb participate in the tender. The price is higher than the earlier bid price in March this year, 30.8% lower. It is foreseeable that Philips Shazhao prices will increase the degree of competition in the Indian market.

     Although the demand for LED lighting products in India jumped, but Philips, Osram and other international lighting giants have used the "price war" to seize the market, leading to the Indian market LED prices drop rapidly, China LED enterprise layout Indian market will face significant competitive pressure .
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