We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

LED lighting fixtures market of US - Research Paper Example

Comments (0) Cite this document
Business in the global context provides opportunity to explore benefits worldwide. International business has made possible for entrepreneurs to control business from one corner of world, buy product manufactured in other areas while selling it in the third area…
Download full paperFile format: .doc, available for editing
Polish This Essay97.5% of users find it useful
LED lighting fixtures market of US
Read TextPreview

Extract of sample
"LED lighting fixtures market of US"

Download file to see previous pages Third basic benefit LED based light offers are increased life spam performance as compare to conventional lighting technologies. Well designed LED lights gives 50,000 to 100,000 hours of performance or more. Along with these basic benefits associated with LED. These features provides overall cost effectiveness and environmentally beneficial source of lighting (The Climate Group, 2012). 3. Customer Demographic and Market Demographic Lighting industry in US is second in row after China. US demand for s same is projected to increase by 7.5 percent annually amounting to $25.3 billion in 2016 (IES, 2012). This product is not entitled to cater people of certain age, state, sex etc. It is residential as well as commercial product designed for all cost sensitive segment, low income segment. These fixtures provide efficient source of lighting which is need of every house and office. 4. Reasons for Selecting China for Buying China has been selected as a destination for production as it provides cost effective manufacturing. In year 2012 China has regarded growth of LED lighting industry for next five years as 7th emerging industry. Hence, China is providing considerable support to increase its LED production at local level. To gain this industry specific benefit combined with the low cost labor availability, it has been decided to establish setting in china for buying LED lighting fixtures from China manufacturing firms. 5. Entry Mode Selected It has been decided to enter Chinese market for buying LED lighting fixtures as third party contractors. This decision is based on the fact the currently China is supporting local production to meet its own demand. Chinese...
LED lighting fixtures market of US

Importing final product to US, share in US market will captured through distributors and retailers. 1. Product and Country Background LED lighting fixtures industry is among the fastest growing industries in world. When account for the Global demand for lighting fixtures, it is projected to jump high above at 6.9 percent annually to $153 billion through 2016 (Global Information, 2012). This rise in demand is contributed by three major sectors: construction, motor vehicles and machinery and commercial and residential consumers (gnom, 2012). ABC plans to introduce LED lighting fixtures for commercial and residential users. Image 1 (Smallwood, 2012) LED lighting fixtures to be sold in US will be imported from China. China has the highest demand for light fixtures and through 2016 it is expected to retain its top position by with additional 36 percent rise in demand.US follow is on second position with 18 percent share in rise in global sales (Tao, 2012). Penetration of LED lighting fixtures in US and China with growth in future is given in image 2 and 3. High growth in demand in China and across world has resulted in an increased production of LED lighting fixtures in China with government supporting and subsidizing the industry to remain competitive (Hausken, 2011).

To cater dumping issues, ABC Company, has initially developed business model based on low frill product, hence, providing product at status which is used to dump the market. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“LED lighting fixtures market of US Research Paper”, n.d.)
LED lighting fixtures market of US Research Paper. Retrieved from https://studentshare.org/business/1401599-led-lighting-fixtures-market-of-us
(LED Lighting Fixtures Market of US Research Paper)
LED Lighting Fixtures Market of US Research Paper. https://studentshare.org/business/1401599-led-lighting-fixtures-market-of-us.
“LED Lighting Fixtures Market of US Research Paper”, n.d. https://studentshare.org/business/1401599-led-lighting-fixtures-market-of-us.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Place, Promotion and Price Strategies ZTE Computer Tablet Market Entry in the US
The computer tablet industry in the US continues to grow. By 2015, it is estimated that tablet users will grow from the present users of 26 million to 82.1 million market (Market Watch, 2011).
10 Pages(2500 words)Research Paper
It is one of the marvelous sights in the evening skies of the earth’s northern hemisphere. Is this a myth or a natural meteorological phenomenon? Learn more about Aurora Borealis from this paper as it attempts to present facts and issues about this phenomenon.
5 Pages(1250 words)Term Paper
The US government role in the bond market in 2011
In August the US Federal Open Market Committee stated that the Federal Reserve will help stimulate the slow & weak economy by purchasing more Treasuries, using funds from agency debt and mortgage-backed securities.  Buying back Treasuries increases the money supply in the country, which is meant to help loosen credit/lending and encourage spending.
3 Pages(750 words)Research Paper
[Professor’s Name] [Writer’s Name] [Course Title] [Date] Lightning Lightning is one of the most stunning exhibits of nature. At the same time, it is very harmful for men. Its temperature is sizzling even more than sun and its shockwaves blaze out in all directions leaving baleful impacts on human beings over an elongated area.
4 Pages(1000 words)Essay
Market-Led Strategic Change at Tesco plc
The analysis has two parts. The first is a critical review and analysis of literature on key concepts used such as marketing mix and product policies, integrated marketing and supply chain management, strategic internal marketing, and specific agenda items that are a part of MLSC.
7 Pages(1750 words)Research Paper
US stock market Indexes
The S&P 500 is another US index with the stocks of 500 Large-Cap corporations, mostly American. It is a part of the wider S&P 1500 and S&P Global 1200 stock market indices. Thus, S&P 500 is one of the many indices possessed and
4 Pages(1000 words)Research Paper
What led to US military action in the Vietnam
It was first conquered and subjugated by China in 111 BC, who introduced both politics and Confucianism to the country but left it rankled when it came to being occupied by foreign powers (Bureau of East Asian and Pacific
9 Pages(2250 words)Research Paper
Regulation on water and regulations on lighting
The government faced out General Service lamps with new regulations for 100, 75, 40 and 60-Watts bulbs being introduced. 100 and 75-Watts bulbs were to be replaced effectively on 1st January 2012 although a
1 Pages(250 words)Research Paper
New Ideas in Lighting Get Closer to Market
Energy conservation remains one of the most debated topics in modern world. People are diverting towards energy efficiency from every point of view or are adapting
5 Pages(1250 words)Research Paper
Development of LED
One of the electrical devices that can be of an option for these industries and organizations is the use of light-emitting diode (LED). These light emitting diodes are efficient in energy than there closely related
8 Pages(2000 words)Research Paper
Let us find you another Research Paper on topic LED lighting fixtures market of US for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us