The Russian government plans to promote energy efficiency advocates the LED business, in 2013 dramatically increased LED lighting market in Russia. The plan to improve energy efficiency target by 2020, lighting products, while reducing energy consumption four percent of gross domestic product (GDP) per unit.
LED lighting fixtures and bulbs, accounting in the Russian lighting market continues to grow. Currently, LED lighting products revenue, accounting for about 37% of the general lighting market total revenue, was $ 714 million. BorovKov said the estimated proportion of LED lighting products, will grow to 83% in 2020, on revenue of about $ 3.7 billion.
Currently, commercial lighting is the largest field in the proportion of Russian lighting market, followed by office lighting and industrial lighting and other areas, which are more adequate funding, and the lighting quality and energy efficiency have certain needs, and therefore accounted for, compared to other areas to great.
Now, however, in addition to replacement of halogen lighting, overall lighting accounts for relatively few alternatives, because of its high prices, the government has to consider when purchasing outdoor lighting equipment.
