Led market "Nugget Land" Macau lighting demand exceeds 20 billion

Macao SAR government has shifted its focus to promoting economic diversification, and is committed to building an international tourism and leisure center and a regional business and trade service platform. Hotels, casinos, and resorts have created huge demand for lighting projects.
 
        

Macau lighting demand exceeds 20 billion

It is understood that the revenue of Macau casinos in 2013 was as high as 360.7 billion yuan, and the major casinos needed to decorate and improve various lighting equipment annually accounted for about 2% of the annual revenue (that is, 7.214 billion yuan). In addition, Macau will be completed in 2015-2016, including the Parisian Resort, Galaxy Macau II, Melco Yinghui, Wynn Macau Resort, MGM Six major casino projects, including the Cotai City Project and Aobo Comprehensive Casino Resort, have a total investment of 120.4 billion yuan, of which about 8% (that is, 9.632 billion yuan) will be used to purchase lighting equipment, including hotel lighting, commercial lighting projects, indoor and outdoor lighting, decorative lights, crystal lamps, led advertising lighting products, led outdoor lighting products, led media displays, led outdoor lighting, custom lighting and other types of lighting. Procurement of equipment.
 

In addition, the Macau Government Energy Office launched an overall plan in 2011 to replace all lighting lamps in government public facilities and public sectors with LED equipment and lamps in the next five years, and to promote grid-connected solar photovoltaic applications in 2013. The Macau government will formulate "Technical Safety Regulations for Solar Power Grid Connection to Public Grids", stipulating that LED replacement projects will be fully carried out in the next four to five years, with designs that will reduce energy usage by more than 40% compared with the original. This standard will also be used in large-scale gaming venues, hotels and other private venues, with an overall market of no less than 10 billion yuan.

Create a model market and spread Chinese lighting technology

For those well-known Macau casinos, most or even all the lighting required for indoor lighting projects and exterior LED lighting projects are provided by domestic enterprises. Through these outstanding projects, domestic advanced lighting technology has been demonstrated to the world. Domestic lighting companies can use Macao to create a model market and then expand into markets in Asia, the United States and other countries and regions.