The Russian LED market may grow 10 times after 4 years

In the Russian lighting product market structure, traditional incandescent bulbs account for more than half of the market. The proportion of energy-saving lamps (fluorescent lamps) is 36%, while LED lamps only account for 0.5%.

However, "Regarding energy conservation and improving energy efficiency as well as amendments to certain regulations of the Russian Federation," Federal Law promises to change the Russian lighting equipment market as soon as possible. According to the legal document, since January 1, 2011, incandescent lamps of 100 watts or more are not allowed to be sold. From January 1, 2012, 75-watt incandescent lamps are not allowed to be sold, and from January 1, 2014 Starting from the day, it is not allowed to sell incandescent lamps of 25 watts or more. As a result, Russia plans to almost completely switch to energy-saving lamps in four years. Moreover, according to instructions from national leaders, the priority is to develop safer and more efficient LED lighting systems.

According to data from professional agencies, after four years, the Russian LED market will reach 506 million U.S. dollars, which is currently 50-56 million U.S. dollars.