Over the years, the role of Asia in the global economy has been continuously increasing in its importance, corresponding to the as in the saying that “Asia is the breadbasket of the world.” The value of exports and imports by Asia accounts for approximately one fourth of the global value of exports and imports.
Thanks to this phenomenal growth, many parties believe that Asia is going to be a new key mechanism in the new world economy. People are heading to Asia, and whether their purposes are trade, investment, or funds; these forces are turning the world into the era of Asia, and Thailand is the one to watch. With its brimming potentials in economy, trade, investment, policy support from the government and the integration of the ASEAN Economic Community, Thailand will become a major hub for the ASEAN market linking each country's market together due to its strategic location, convenient inland transportation that can connect with the larger markets: China and India.
LED lighting, Solar energy and Cooling system market are underlined and have experienced a rapid growth as business opportunities highlights in Thailand. All arises from the needs of industrial entrepreneurs who want to save energy during their operations, which will lower production costs. The major cost comes from the energy used in lighting, air conditioning, refrigerating, and in electrical appliances. Therefore, to be in line with issued government policies to encourage energy saving in industrial sector nationwide.
First of all, Thailand Lighting Market is one with great market potential. LED lighting market reached 10 billion Baht (US$ 335 Million) in 2015. Thai government projections place LED market Compound Annual Growth Rate (CAGR) to grow 30% in the next five years, to bring the total market value from US $900 million to US $1 billion.
Secondly, The use of solar energy in Thailand is on the rise in spite of the current adverse economic conditions. The reason behind is a government policies to support and promote the use of solar energy. By waiving import duties on raw materials, and increasing the additional purchase price or FiT(Feed in Tariff) to 5.66 baht per unit (as of April 2015) for 25 years as stated in the renewable and alternative energy development plan, the target installation is expected to reach 3,000 MW by the year 2021.
The rest of highlight, Refrigeration and Air-Conditioning markets of Thailand have been growing steadily corresponding to the rise in the global demand and a wider product acceptance due to the changing climate and the growth of the industrial sector. Many countries including Japan, the US, China and Hong Kong are the major export markets of Thailand. The CLMV countries and ASEAN are also a new market with a growing demand for imports from Thailand. These increasing demands from different regions of the world demonstrate the capability and readiness of Thailand, both in production quality and product standards, as a regional industrial leader. Due to the concern from the global market, the time of the Green Innovation has arrived as it helps protect the environment and saves energy. To give an example, Heat Pipe Dehumidification can control the temperature and reduce energy consumption by 30-50% for industrial or air-conditioned buildings. The average cost of the installation of the equipment is about 15,000 baht per ton with life expectancy of 20 years and a payback period of less than one year.
To help boost up the market growth into an even more widespread practice, and to encourage the adoption of energy saving innovation usage in household, industry, and government sector, the Provincial Electricity Authority (PEA), Thailand's leading energy provision, has joined forces with N.C.C. Exhibition Organizer Co., Ltd., or NEO, the leading organization for events and exhibitions in South East Asia, and the Thai Photovoltaic Industries Association of Thailand.
Top 3 organizations agreed to lauch the international B2B platform that exhibitors around the world are waiting for, the 3rd edition of “PEA presents EcoLightTech Asia 2015”, “SolarTech 2015”, and “C-Tech 2015”. The tradeshows are scheduled to be held from November 19-21, 2015 at the Queen Sirikit National Convention Centre, Bangkok Thailand under the theme “energy-saving innovations and technologies for entrepreneurs”
PEA presents EcoLightTech Asia 2015, the trade show for green technologies and innovation in lighting, brings a comprehensive list of lighting technologies and innovations including ready-to-use, by-products, services, consultations and manufacturing parts.
C-Tech 2015, the tradeshow of innovation and technology in cooling system and air conditioning, will be a platform for providers of products and services of cooling systems including chiller, refrigerator, air conditioner, temperature controller, and also consulting services from leading entrepreneurs, both domestic and abroad, for industry and households. The operators joining the exhibition will bring the latest innovations to date that are environmentally friendly, energy saving, and convenient for life.
SolarTech 2015, the tradeshow in solar energy innovations and technologies will be a platform for business operators to present their products and services. This tradeshow will also be a perfect place to seek advice and consults regarding the solar industry from leading manufacturers of solar panels and other equipment around the world on display.
The B2B international tradeshows will hold 4 major activities alongside trade exhibition namely:
The Showcase, presenting an assortment of brand-new products and latest technologies of the lighting, Solar and Cooling industry, sure to give business solutions to entrepreneurs and end-consumers.
Secondly, EcoLightTech Asia will be hosting “Eco Lighting Field Trip”, a program especially designed for international visitors, where participants will enjoy an exclusive one-day tour program to the most innovative buildings in Bangkok that equipped with eco light technology-driven systems. The date is set on Friday 20 November 2015 for pre-registered international visitors only.
Thirdly, trade shows offer free consultation called, Energy Saving Advice Clinics, face to face consultation by the certified expert on each fields; solar system, LED lighting and applications, cooling technologies, energy management. Clinics are providing entrepreneurs with free information and recommendation that will help them plan and manage all their needs in electricity supplier and system to Ecotricity!
Lastly, there will be the Eco Lighting Business Matching Service, tailored for those local and overseas traders who are interested in establishing new business opportunities with these leading light innovators exhibiting in the trade show. For those who are interested in all activities, are more than welcome to register yourselves in using the link on the website, www.ecolight-tech.com or contact ecolight@qsncc.com
Under ASEAN Industry Trade Shows campaign, PEA Presents EcolightTech Asia 2015 is the one of shortlisted international exhibitions and TCEB offers special privileges to all international visitors including:
“Connect Businesses campaign”: Earn 100 USD for each trade visitor achieving 3 business matching meetings are valid for Federations, Business Trade Associations, Chambers of Commerce, Oversea Non-Profit Organizations, MICE Travel Agents, Industrial Publications from ASEAN plus Six and BIMSTEC. Groups of 10 trade visitors that achieve a minimum of 30 business matching meetings will receive a lump sum bonus. Each group of trade visitors must stay in Thailand for at least 3 days/ 2 nights. Unfortunately, private companies are not eligible to enjoy this privilege.
However, there is another privilege for individual to enjoy. It is called “Be My Guest Campaign”. This promotion offers 2 free nights at Bangkok’s 5-star hotel to every overseas key buyer from around the world. This offer is at the Organizer’s discretion, so should there be any of you interested in taking this advantage, kindly contact ecolight@qsncc.com
TCEB’s MICE Fast-Track Service at the Suvarnabhumi Airport also offers event visitors, delegates, and VIPs an exclusive fast-track through the immigration procedure, so they do not need to queue up with other arriving passengers. Specific event signage in the arrival hall will direct delegates to the special MICE Lanes are clearly visible. Simply showing your pre-registration confirmation letter, and the name of the event which is EcoLightTech Asia at the immigration officer at the counter upon your arrival, you will instantly receive this privilege.
Finally, PEA presents EcoLightTech Asia 2015” will be held together with “C-Tech 2015” and “SolarTech 2015” during 19-21 November 2015 at 10.00-18.00 at the Queen Sirikit National Convention Center, Bangkok Thailand and international visitors are more than welcome to register yourselves in using the link on the website, www.ecolight-tech.com or contact ecolight@qsncc.com or call +662 203 4261-62.