Canada’s LED Lighting market
The lamps varieties in Canada are fewer and thus the price is high. The products have less installation services. The government is currently promoting energy conservation due to the high electricity prices. Currently, the competition in Canada of these products is very low and hence it is dominant in the retail stage.
The networking solutions in Canada is led by the DataTelllit Company. He said this since North Americans put more emphasis on family values. Another thing to notice is that the winters in this country are long and thus many children have time with parents. Generally, Canadians stay with their families for long periods. Another crucial thin worth noting is that the country has an aging society, party culture. This means that residents are willing to invest more time and more money in decorating their home environments. To be very specific to the LED lighting market, the North American home improvement market space is very large. It is the second largest retailer Home Depot in the United States. Lowe’s as well as other building supplies are the world’s leading retailer of the home sales for 3 consecutive quarters of a positive growth.
However, despite the Canadian home market space being so large, there exist products that are a bit difficult in meeting individual needs. The highest
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The market strategy in the country can be divided in3 steps. The first one is replacing the light bulbs. The major product of Canada is mainly LED bulbs though the price is still high. By 2020, it is expected that prices will have declined. In addition to this, the conversion to Blue Ocean from Red Sea will have competitive strategy. The DataTelllt will have one main turning point and thus a trend in the smart home market and upgrade of intelligent LED