Second LED Industry Forum Held In Taiwan - WLOX.com - The News for South Mississippi

Second LED Industry Forum Held In Taiwan

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Over 40 LED & lighting professionals representing more than 25 private and government organizations attended the second LED industry forum aimed at bringing together key players from the LED industry to exchange views on the trends and outlook of Southeast Asian LED sectors,

New Delhi, March 28, 2014. MEX Exhibitions Pvt. Ltd. & IMPACT Exhibition Management Co., Ltd. the organizers of LED Expo Thailand 2014 — Thailand’s International Exhibition on LED Lighting Products & Technology — organized the second LED Industry Forum in Taiwan on 20th March 2014 after successfully holding the first forum in Singapore in February. The event is part of a series of forums planned for Southeast Asia to engage regional LED lighting associations & professionals.

Over 40 LED & lighting professionals representing more than 25 private and government organizations attended this highly informative forum which aimed at bringing together key players from the LED industry to exchange views on the trends and outlook of Southeast Asian LED sectors, and how to deliver better values for the market and industry. The forum also discussed opportunities and barriers in energy conservation and in bringing LED technology into the limelight through government and private sector initiatives.

Moderated by Ms. Andrea from WES expo, the forum which also included panelists Mr. Steven, (President TLFEA) Mr. Jeng Min Shin (ITRI) and Mr. Sathit (EGAT), started off with a general discussion on the outlook of the LED Market in the Southeast Asian region; discussing the current market requirement in terms of energy-efficient lighting solutions and the use of high-efficiency lighting technology such as LED to help achieve the Ministry of Energy of Thailand’s goal to reduce GDP per unit of energy use in Southeast Asiaby 20% in 2030 through its Demand Side Management (DSM) program.

The forum also discussed the potential ofLED markets under AEC and concluded that they portray huge markets for international LED manufacturers to further expand their business into the region. However, impediments towards the implementation of the AEC policy in 2015 include challenges in the production process of LEDs. LED products change lighting equipment and component’s production process as the manufacturers need to import “chips” from overseas because they cannot produce the component on their own and nor is it worthwhile to invest in chip production. These changes can result in a decrease in manufacturing employment.

During the forum, Mr. Sathit, representing the Electricity Generating Authority of Thailand (EGAT), a state-owned enterprise under the Ministry of Energy of Thailand spoke of the Thai Government’s immense support in promoting the use of LED in the Private sector, Hotel & Resort industry and in Signage & Advertising. The government’s efforts include the MEP Standard of Label no 5. to save energy; Factories which use LED lighting are given a subsidy on their electricity bills. Future initiatives include replacing 1 million light bulbs through the government sector and also hopefully through the private sector and a pilot project which includes implementing the use of LED in the Military sector and in Hospitals.

The forum concluded on a hopeful note with regard to growth in the LED Industry in Southeast Asia. Mr. Steven, President, TLFEA said, “The growth in Taiwan is about 120 billion US$, while in Mainland China it’s about 300 billion US$. The growth in the LED sector will increase to approx. 40-50% in the next 3-4 years.”

The forum serves as a prelude to LED Expo Thailand 2014, scheduled to take place later this year in Bangkok, Thailand from 22 to 24 May 2014. LED Expo Thailand 2014 is an international trade exhibition that meets the demands of businesses, industries, and the public. Also Thailand LEDexpo 2014 works as a platform for sourcing LED requirements for not only Thailand, EGAT but many ASEAN countries. For more information, please contact himani@themediaexpo.com or visit www.ledexpothailand.com.

About the Organizers:

MEX Exhibitions Pvt. Ltd. is an international exhibition company with a strong presence of over three decades in the advertising industry, over 16 years in publishing & 12 years in exhibitions. MEX has produced more than 75 market-leading trade exhibitions for various segments in addition to publishing various magazines & advertising trade directories of repute such as Sign & POP and LED World. Successful exhibitions have been conducted all over India, Dubai, Singapore & Thailand.

Other exhibitions organised by MEX include Media Expo, Gifts World Expo, Digital Signage Expo, FloorTech Expo and WallEx.

IMPACT Exhibition Management Co., Ltd., is the leading exhibition organizer in Thailand. IMPACT organizes and manages professional trade and public exhibitions, conferences, meetings and training course, working hand-in-hand with international trade associations, organizers 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.

Media Contact
Company Name: MEX Exhibitions Pvt. Ltd.
Contact Person: Ms. Himani Gulati / Mr. Gaurav Juneja
Email: Send Email
Phone: +91-9312285142 / +91 9810301644
Address:9, LGF, Sant Nagar
City: New Delhi
State: Delhi
Country: India
Website: www.ledexpothailand.com

Source: www.abnewswire.com

ReleaseID: 9963

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