Analysis of American Lamp Market
- Author David Zheng
- Published September 9, 2007
- Word count 283
America is the biggest lamp demand country in the world and one of main lamp export markets. It is recorded that total sale of American lamp and its belongings is about US$8,600,000,000 in 2000. The average yearly growing rate between 1971 and 2000 is 7 of the whole lamp consumption and daylight lamp is 25 to 24 imports are from mainland of China, Taiwan and Mexico. From the 1990s on, with the continual come-and-go trade between Chinese mainland and Taiwan, Taiwan manufacturers take a fancy to cheap labour and its latency lamp market in Chinese mainland, transfer its manufacturing from the south of Guangdong to areas of Jiangsu and Zhejiang step by step, and launch lamp factories in the gross. Judging from changes of their sum in American lamp market and proportion among Chinese mainland, Taiwan and Mexico, we may make out increase and decrease of their market shares. In 1990 and 2000, lamp exports from Chinese mainland is totally different from lamp exports from Taiwan. Lamp share of Chinese mainland in American import market grows from 10, and keeps a tendency of growing, and is hopeful to be 62 to 5. The market requirements are hopefully reaching US$20,700,000,000 in 2007, which is 3 times as much as the sale amount of European lamp market, 5 times as much as the sale amount of Japanese lamp market.
Now American lamp exports are increasing by 2.1% each year, and its amount of exports will be US$12,600,000,000 in 2010, which is a marked advance comparing with the period between 2000-2005. Among them, crystal chandelier, floor lamp, table lamp, chandelier rises fastest. It is revealed in the newest market investigation made by American market research Fredonia that because of furious competitions in different moments, growth of lamp export gross is still limited.
David ZHENG is the CEO of Shenzhen JinDa Bright Import & Export Co., Ltd. A company specialized in design, research, production and sales of lighting products such as crystal chandelier, floor lamp, table lamp, chandelier etc.
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