KUALA LUMPUR, June 17 – Malaysian companies raked in RM225.4 million from the sales of their light-emitting diode (LED) products and solutions in North America.
The sales were made during a specialised marketing mission to the Lightfair International (LFI) 2014 organised by Malaysia External Trade Development Corporation (Matrade) from June 2-6, 2014 in Las Vegas, United States.
Among the LED products and solutions that garnered interest were high bay, street lights, flood lights, wall lights, bollard, pole lights, par lights, T8 Tube as well as decorative lighting for hotels, convention centres and households.
“Demand for lighting fixtures in the US is projected to be worth US$25.1 billion in 2016, at an annual growth of 7.4 per cent.
“The recovery in the US economy as well as the government’s favourable policies led to increased demand for energy-efficiency lightings as replacement to incandescent lamps,” Matrade said in a statement today.
As the US has stringent standard requirements, Matrade urged Malaysian companies wishing to export their LED products to that country to obtain the necessary certificates such as Underwriters Laboratories, Energy Star and Design Light Consortium to ensure the marketability of their products.
– BERNAMA
