Brazil, as one of the brics countries, practice new policies to promoting high efficient LED lighting products. Brazil’s national power authority, Standard Manage Board and manufacturers implemented a series of LED light bulbs update plan. such as to set aside part of funds in the budget, in the form of subsidies to reduce the price of energy-saving lamp and LED lighting products; incandescent lamp will be totally banned in June 2016, vigorously promote the LED light bulbs. Brazil lighting market scale is expected to reach $4.72 billion in 2016. Which LED is expected to reach 50% of the market, the consumption growth rate of LED lamps in Brazil will reach 46.7% (2013-2016).
Brazil, as the host of Olympic Games will create trillion dollars market opportunity. Olympic Games that will hold in Rio DE janeiro in August 2016 will greatly promote the development of the construction and lighting engineering of the hotel in Brazil, the Olympic village, tourism facilities, and urban transformation. At present, China has become the largest LED lighting product importer country of Brazil. account for 60% of its total imports, Brazil is gradually increasing dependence on China’s imports of led lighting products.