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12:32 PM   [21 Mar 2019 | Thursday]

Which Countries do Led Street Lights Manufacturers Need to Pay Attention to?

According to the report, the market for Indian Led street lights Manufacturers(CLASSIC) in 2016 was US$1.14 billion, with an annual growth rate of 47.1%, and is expected to reach US$1.715 billion in 2020.

Indian Prime Minister Modi also proposed "Smart City Planning" in 2016. It is expected that 30 million street lamps will be built in India within two years, including the replacement of new and new street lamps. The LED factory has recently successfully won street lights in southern India and will ship 10 million street lights next year. The Russian LED display market is amazing. With the increase of saturation and market access in North America and Europe, more domestic LED display exporters have come to the fore. In recent years, they have begun to focus on emerging markets such as Russia, Southeast Asia, Africa, and Latin America. Good growth momentum, of which Russia is the most striking of emerging markets.

In recent years, Russia’s economic recovery has developed steadily, Sino-Russian trade has continued to heat up, and trade between the two countries has occurred frequently. Russia has become China's top ten trading partners. The data shows that in the first three quarters of 2017, the trade volume between Russia and China was US$61.376 billion. China’s exports to Russia were 31.378 billion U.S. dollars, and Russia’s imports were 29.998 billion U.S. dollars.

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