The 16th HKTDC Hong Kong International Lighting Fair (Autumn Edition), organized by the Hong Kong Trade Development Council (HKTDC), finished strong, with participants expressing optimism about the year ahead.
During the fair, the HKTDC commissioned an independent survey which interviewed 613 buyers and exhibitors about their views on market prospects for the year ahead. According to the preliminary results, more than 90 percent of those interviewed expect overall sales for their respected companies to improve or remain about the same next year. The markets with the most promising growth prospects are the Chinese mainland, followed by Western Europe, and North America. The survey also found that the industry is bullish about the market for LED lighting products.
HKTDC Deputy Executive Director Benjamin Chau, said, “The overall business atmosphere in the fairground was positive. Buyers have shown keen interest in environmentally-friendly, energy-saving lighting products and smart lighting solutions. The survey results also indicate that the industry players are optimistic about next year’s sales.”
Naturally the most-talked-about trend in the lighting industry was the on-going developments of new LED products and control devices and apps that regulate them. Lee Wing-tak, CEO of MEGAMAN® (which distributes in the USA) noted his company is committed to the continuous innovation of LED lighting products and solutions. MEGAMAN® showcased its new INGENIUM® Smart Lighting Solutions, which allow residential and commercial clients to control and adjust lighting with a smart device such as mobile phone or tablet. “Buyers have shown great interest in our Smart Lighting Solutions after watching our live demonstrations,” Lee said. “We saw a 20 percent increase in buyer attendance at our booth, with existing distributors also verbally confirming their orders. The business atmosphere at the show has been very good.”
Making its debut at the Lighting Fair, Hong Kong manufacturer Nanogrid Limited showcased its new Nanoleaf Bloom, which is reportedly the first light bulb that dims without the need for a dimmer switch. Company’s Co-Founder Christian Yan, noted, “We specialize in the research, development, design, and marketing of LED lighting products that feature high energy-efficiency, good design, and high quality. We met a lot of quality and professional buyers at the fair, who have responded very positively to our products. We have decided to come back to the fair next year.”
Tsinghua Tongfang Company from the Chinese mainland – which earlier this year acquired Taiwan’s renowned lighting brand Neo-Neon – was exhibiting under its own name for the first time. Marketing Manager Emma Chien said the company joined the Hong Kong Int’l Lighting Fair to highlight its latest LED and festive lighting products. Within the first three days of the fair, she reported the company had received approximately 600 buyer inquiries.
GE Lighting’s Technology Program Manager in the Chinese mainland, Qi Long, said, “This was my first visit to the Hong Kong Lighting Fair. I came to find OEM partners and component suppliers [as well as] to collect market intelligence. I met [many] potential OEM partners and more than 10 potential component suppliers.”
The four-day lighting Fair welcomed nearly 37,000 buyers from 135 countries and regions with buyer attendance from some individual countries and regions such as Italy, the U.K., and the U.S. having grown, as well as emerging markets including India, Mexico, and Turkey.