ASEAN'S Largest Exhibition on LED Lighting & Technology is Back With its 5th Edition, Promises Lucrative Business Opportunities
NEW DELHI, March 8, 2017 /PRNewswire/ --
LED Expo Thailand has Created a Chasm in the Ever Expanding Lighting Arena in the ASEAN Region to Which Both the Exhibitors and Visitors Keen to Exploit
The most eagerly awaited 5th Edition of the LED Expo Thailand is all set to go bigger and better with more than 400 exhibitors, readying their latest to showcase on an expanse of over 25,000 sqm of exhibit area. A footfall comprising 20,000 international trade visitors not only from the ASEAN region but also from across the world is expected to enthrall the Challenger 1 Hall of the Impact Exhibition and Convention Centre during 11-13 May '17. The Expo has a lot for both the exhibitors as well as visitors.
LED Expo Thailand 2017 is the best place to be a part thereof. Focusing on LED lighting products & technology, the Show is dedicated to science, technology and applications of the solid state lighting i.e. LEDs and aims to accelerate the growth of the LED lighting markets in the Southeast Asian region by providing a dynamic hub for LED/lighting companies to congregate, promote, discuss, transact, partner and gain insights on neighboring LED markets at a niche level.
LED Expo Thailand 2017 has an enormous exhibit profile: LEDs, LED Applications and Lighting, LED Lighting Products, LED Products, LED Signage & Displays, LED Components/Accessories & Raw Materials, LED Drivers & Power Supply and LED Manufacturing Equipment/Machinery & Allied Products. The show attracts the attention of potential and qualified buyers from different fields of architecture, hotel & hospitality, retail, real estate and many more. This makes demand and supply go hand in hand, giving rise to leading business transactions achievable.
South East Asia - The Target Market for LEDs
Asia-Pacific region is expected to witness the fastest growth rate in LED lighting after Europe and North America. LED lighting in Southeast Asia has strongly developed in recent years, and has gradually strengthened to replace traditional lighting. It is expected that along with the policy incentives followed by escalating replacement market demand, LED lighting would witness far deeper penetration leading to a rather expanded import scale in the next few years, turning it as a major hub for manufacturers across the globe exporting LED lighting products.
Why Thailand?
There's no denial to the fact that as Thailand continues to implement its new energy framework that's stable, sustainable and affordable; opportunities for LED lighting products & components' manufacturers as well as suppliers would be getting unfolded in abundance. According to statistics, the Thailand lighting market valued at US$ 800 million, in 2014, up 12% compared to 2013. The country's LED industry is estimated to grow over 30% in the next five years with indoor and construction applications consisting two major components of the country's LED lighting industry.
Moreover, Thailand is ranked as the 50th largest country in the world as a part of Association of Southeast Asian Nations (ASEAN) and ASEAN's Economic Community along with nine other countries namely, Indonesia, Malaysia, Philippines, Singapore, Brunei, Cambodia, Laos, Myanmar, and Vietnam. The aim of AEC for 2015 is to create a single ASEAN market with gross domestic product (GDP) of $2.5 trillion and trade of $1 trillion. Also, Thailand has long been a proponent of free and fair trade and its attractiveness as a production base for leading international companies is enhanced by a number of free trade agreements.
Amidst all this, the rapid growth of energy saving needs in the country for the last 4 years has resulted in a great success for LED Expo Thailand. In the past editions of the show, 1,755 international visitors from 63 countries such as China, Australia, Japan, Korea, Singapore, Malaysia and India, whose business transactions generated over 800 million THB in revenue had taken part and went back to their country fully satisfied and with a lot of business potentials in their kitties.
Government Initiatives
Over the last four years, LED Expo Thailand has proved its mettle as why it is a vital initiative towards energy conservation and a green environment by the host organization - Electricity Generating Authority of Thailand (EGAT) and the show organizers - IMPACT Exhibition Management Co., Ltd. and MEX Exhibitions Pvt. Ltd. This year in addition to EGAT, The Ministry of Energy is also a host organisation to the show additionally being supported by the Federation of Thai Industries. Acting as a prelude to the show every year, a series of roadshows is held all over Southeast Asia in an attempt to engage regional LED lighting sectors and promote energy efficiency and investment opportunities in those respective countries.
Show Highlights:
Every year the show brings new and attractive informative additions for its exhibitors and visitors. This year's highlights are:
- Free Seminars on the LED market from industry experts who will enlighten the audience on various applications of visible light communications, LED energy policies in the ASEAN region with specific focus on Thailand, Prospects of LEDs in the Hotel Industry, and many such valuable topics.
- Product Design Presentation - where in exhibitors will showcase their state-of-art products highlighting innovations.
- Smart Lighting Pavilion - it will showcase products that will make your life more convenient like LED Alarm, LED music bulb, etc.
- LED Signage Pavilion - exhibitors will emphasise on LED Signage & displays and will share information on evolving technologies in various facets of LEDs that include modules, LED Strip lights, LED walls and screens, and much more.
- VIP Hosted Buyer Programme - aims to give qualified buyers the opportunity to do business with manufacturers and distributors from around the world.
- Market Place - an exclusive business-matching activity to help raise joint investment for the energy efficiency market during Thailand Energy Efficiency Week 2017.
Apart from these, like every year the exhibitors and visitors will be meeting for all the three days networking purposes.
The Opportunities
The LED market has shown superlative growth in the past year and as far as the growth prospects for the future of LED is concerned; only sky is the limit. It is also estimated that the size of global LED market will reach to its peak of $42.7 billion by 2020. Thailand expects to witness immense growth in the use of LED products especially in the following sectors:
- LED Automotive Sector - the number of car with LED headlights is expected to grow exponentially with the value of LED components growing from USD 130 to 300 million.
- Government Projects - EGAT has started a pilot program to use LED Street lighting as well as replacements on EGAT's properties and dam areas.
- Public & Private Infrastructure Projects - from the construction of new Parliament house to stadium, residential, commercial, hospitality and entertainment projects.
- CP All Public Co. Ltd. - creates '7 Go Green' project and invests over 500 million THB to replace LED light bulbs in 7-Eleven stores throughout Thailand.
VIP Hosted Buyer Programme
Created specifically to facilitate focused business, the VIP Hosted Buyer Programme is an effective platform for top quality buyers from the procurement, purchasing and supply chain management divisions within the commercial aviation sector to meet with our exhibitors on a pre-schedule basis. The Hosted Buyers may be nominated by the exhibitors, industry associations or government agencies. Interested buyers who are seeking specific products and solutions may also leverage on this business matching programme to source for new business partners.
Be it local or international, existing or new company, ASEAN's largest International Exhibition on LED Lighting Products and Technology will provide numerous opportunities such as meeting target client on personal level for effective marketing, launch and showcase products, and promote brand to international audience. To match the pace of the development in LED industry worldwide, LED Expo Thailand 2017 is the only show facilitating to source complete LED products from many parts of world under one roof.
International LED Summit
The International LED Summit is emerging as the leading lighting conference in this part of the world focusing on technologies, innovations and applications. Steered by the committee of experts, the conference attracts high-powered keynotes and serves stimulating discussions in an open environment. Invited speakers will highlight and demonstrate the trend of LED lighting & energy saving technology, government policies and benefits of using for better consumer understanding.
Aimed at driving knowledge in key areas of lighting design to enhance efficiency, the summit will provide a relaxed environment emphasizing on smart technologies for innovations in lighting besides the latest trends in application areas followed by the expectations for future trends to a highly qualified audience. Besides, the experts will be available for open discussions and network with like-minded individuals.
Business Matching Market
Bureau of Supporting Industries Development (BSID), Department of Industrial Promotion together with Thailand Board of Investment (BOI) and Thai Subcontracting Promotion Association (TSPA) are to organise 'Market Place,' an exclusive business-matching activity to help raise joint investment for the energy efficiency market during Thailand Energy Efficiency Week 2017.
This business matching service brings highly qualified investors or those companies that want to invest, as well as subcontractors into contact with leading manufacturers from a wide range of the energy efficiency industry as well as other related fields. The esteemed members and their network associations are in search of more diversity among possible suppliers on the show floor. Meanwhile, the exhibitors of Thailand Energy Efficiency Week 2017 will also provide local subcontractors the unparalleled chance to present their cutting-edge manufacturing capabilities and to enter this new attractive and profitable market.
This activity is going to be the center platform for subcontracting companies and industrial part-buyers and entrepreneurs from domestic and international operations. These will include machinery, electrical and electronic industries throughout the world. This is a great opportunity for you to reduce your production cost by dealing directly with new local subcontracting companies.
ESCO Business Matching
It offers a perfect networking and business matching opportunity to connect Energy Service Company (ESCO) with both government sectors and private companies interested in doing their own energy-efficiency project.
ESCO is providing incentive programs to encourage energy-efficiency investment as well as offering a broad range of energy solutions, including design and implementation of energy saving projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation and energy supply, and risk management, based on a performance guarantee concept with a standardised measurement and verification approach.
About MEX Exhibitions Pvt. Ltd.
Mex Exhibitions Pvt. Ltd. is an international exhibition company with a strong presence of over four decades in the advertising industry, over 18 years in publishing and 15 years in exhibitions. The company has produced more than 100 market-leading trade exhibitions for various segments in addition to publishing various magazines and advertising trade directories of repute. Successful exhibitions are conducted all over India, Dubai, Singapore, Thailand and now in Africa.
For more information, please visit: http://mexexhibits.com/
About IMPACT Exhibition Management Co., Ltd.
IMPACT Exhibition Management Co., Ltd. is the leading exhibition organiser in Thailand. IMPACT organises and manages professional trade and public exhibitions, conferences, meetings and trainings, working hand-in-hand with international trade associations, organisers and corporations across a broad spectrum of industries.
IMPACT creates effective market platforms and offers a comprehensive range of turnkey event management solutions ranging from market research, exhibition and visitor promotion and sales, advertising and promotion, public relations, operation to on-site logistic management for exhibitions and conferences of all sizes and industries. It also specialises in business matching programs.
For more details, please visit: http://www.impact.co.th/
Media Contact:
Ms. Himani Gulati
Director
Mex Exhibitions Pvt. Ltd.
[email protected]
+91-9312285142
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