Malaysian LED Products Gained a Limelight in US
TUESDAY, JUNE 17, 2014, KUALA LUMPUR: Malaysian LED products and solutions received strong interest from buyers in North America at the Lightfair International (LFI) 2014 during a Specialised Marketing Mission (SMM) in conjunction with LFI 2014 from 2 to 6 June 2014 in Las Vegas, Nevada, USA organised by Malaysia External Trade Development Corporation (MATRADE). This first time participation generated total sales of RM225.4 million by Malaysian companies.
Amongst those products and solutions of interest were LED high bay, LED street light, LED flood light, LED wall light, bollard, pole light, LED par light, LED T8 Tube, decorative lighting for hotels, convention centres and households.
According to MATRADE, “Demand for lighting fixtures in the US is projected to be worth US$25.1 billion in 2016, with an annual growth of 7.4 percent.The recovery in the US economy as well as the government’s favorable policies led to increased demand for energy-efficiency lightings as replacement to incandescent lampsâ€.
As US has stringent standard requirements, MATRADE urged Malaysian companies wishing to export their LED products to the market to obtain the necessary certificates such as Underwriters Laboratories (UL), Energy Star and Design Light Consortium (DLC) on their products to ensure the marketability of their products.
