2019 Hong Kong International Lighting Fair
Survey: respondents optimistic about overall sales next year
The HKTDC commissioned an independent on-site survey during the Autumn Lighting Fair and Outdoor and Tech Light Expo. Among nearly 670 exhibitors and buyers interviewed, more than half (53%) said they expected overall sales to remain steady next year, while 23% expected growth and 24% anticipated a decrease. In terms of specific markets, respondents were most optimistic about South Korea (64%) and Japan (58%) among traditional markets, and ASEAN countries (62%) and the Middle East (61%) among emerging markets.
In terms of product trends, over one-third (35%) of the respondents considered LED and green lighting to have the greatest growth potential, by household lighting (19%), commercial lighting (13%) and smart lighting and solutions (13%). In terms of smart products, 63% believed smart lighting products would become more ubiquitous. Home automation and smart lighting control systems (32%), outdoor smart security lighting systems (19%) and energy-efficient lighting control solutions (14%) were considered the most likely to succeed. Welcome to get more details from our website:www.vellnice.com.
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