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APAC LED Lighting Market Analysis – Segmented By Installation Type (New Installation & Retrofit Installation), By End-use (Indoor Lighting & Outdoor Lighting), By Country (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) Industry Size, Share, Growth, Trends & Forecast Report | 2022 to 2027

Published: January, 2022
ID: 8984
Pages: 120

APAC LED Lighting Market Size, Growth & Forecast (2021 - 2026)

As per the research report, the Asia Pacific LED Lighting Market is estimated to value $27.5 billion in 2021 and is expected to advance at a CAGR of 13.0%, during the forecast period 2021 – 2026.

LED lightings are highly efficient in consuming energy and also has a longer life span than any other lamp. These are used for multi-purposes and vary with sizes and shapes in accordance with the application. The drivers present in the circuit plays a pivotal role in extending the life of the bulbs. The Asia Pacific (APAC) LED lighting market is expected to grow at a CAGR of 13.0% during the forecast period.

Drivers, Challenges & Opportunities for APAC LED Lighting Market

Shifting trends towards energy-efficient lamps and also growing awareness over the utilization of LED bulbs even in rural areas is the key driving factor for the market to grow. Increasing the construction of smart home buildings is additionally propelling the demand of the regional market.

However, the lack of skilled labor in manufacturing LED bulbs is slowly hindering the demand of the market. Fluctuations in the availability of raw materials in the semiconductor industry are limiting the growth of the market.

Rising capital income in both developed and developing countries are gearing up growth opportunities for the APAC market. Furthermore, the market is fueled by stringent rules and regulations by the government in concern towards environmental safety.

This research report includes the segmentation & sub-segmentation of the APAC LED Lighting Market until 2025.

APAC LED Lighting Market - By Installation Type

  • New Installation
  • Retrofit Installation

On the basis of the installation type, the retrofit installation type is leading with the largest shares of the market. Growing prevalence for the replacement of existing bulbs with new ones is lavishing the demand of the market.

APAC LED Lighting Market - By End-user

  • Indoor Lightings
  • Outdoor Lightings

On the basis of End-user, Indoor lightings are having significant shares of the market with the rise in the construction of buildings in residential areas.

APAC LED Lighting Market - Region

The Asia Pacific witnessed dominant shares from the past decade and will continue the same rate over the forecast period. Increasing investments in the industries by public and private organizations is escalating the demand of the market extensively. India and China are the largest contributors to the market shares in this region. Rising demand for the LED lamps in almost every sector such as commercial, residential and industrial areas is leveraging the demand of the market.

Major players in the APAC LED Lighting Market are Samsung Electronics Co. Ltd., Cree Inc., Signify N.V., LG Electronics Inc., Koito Manufacturing Co. Ltd., Stanley Electric Co. Ltd., Osram Licht AG, Panasonic Corporation, Zumtobel Group AG, and Seoul Semiconductor Co. Ltd.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Installation Type
      1. New Installation
      2. Retrofit Installation
      3. Y-o-Y Growth Analysis, By Installation Type
      4. Market Attractiveness Analysis, By Installation Type
      5. Market Share Analysis, By Installation Type
    2. By End-Use
      1. Outdoor Lightings
      2. Indoor Lightings
      3. Y-o-Y Growth Analysis, By End-use
      4. Market Attractiveness Analysis, By End-use
      5. Market Share Analysis, By End-use
  6. Geographical Analysis
    1. Introduction    
    2. Regional Trends
    3. Impact Analysis
    4. Y-o-Y Growth Analysis 
      1. By Geographical Area
      2. By Installation Type
      3. By End-use
    5. Market Attractiveness Analysis
      1. By Geographical Area
      2. By Installation Type
      3. By End-use
    6. Market Share Analysis 
      1. By Geographical Area
      2. By Installation Type
      3. By End-use
    7. Asia-Pacific
      1. Introduction
      2. India
      3. China
      4. Japan
      5. Singapore
      6. Thailand
      7. Others
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Cree Inc.
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Samsung Electronics Co. Ltd
    3. Cree Inc.
    4. Signify N.V
    5. LG Electronics Inc
    6. Koito Manufacturing Co. Ltd
    7. Stanley Electric Co. Ltd
    8. Osram Licht AG
    9. Panasonic Corporation
    10. Zumtobel Group AG
    11. Seoul Semiconductor Co. Ltd.
  9. Competitive Landscape
    1. Market share analysis                         
    2. Merger and Acquisition Analysis                     
    3. Agreements, Collaborations and Joint Ventures                      
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  1. Asia-Pacific  LED Lighting Market  By Region, From 2022 - 2027 ( USD Billion )

  2. Asia-Pacific  LED Lighting Market  By Installation Type, From 2022 - 2027 ( USD Billion )

  3. Asia-Pacific  New Installation Market By Region, From 2022 - 2027 ( USD Billion )

  4. Asia-Pacific  Retrofit Installation Market By Region, From 2022 - 2027 ( USD Billion )

  5. Asia-Pacific  LED Lighting Market  By End-Use Application, From 2022 - 2027 ( USD Billion )

  6. Asia-Pacific  Indoor Lighting Market By Region, From 2022 - 2027 ( USD Billion )

  7. Asia-Pacific  Outdoor Lighting Market By Region, From 2022 - 2027 ( USD Billion )

  8. Asia-Pacific  LED Lighting Market  By Product Type, From 2022 - 2027 ( USD Billion )

  9. Asia-Pacific  Lamps Market By Region, From 2022 - 2027 ( USD Billion )

  10. Asia-Pacific  Luminaries Market By Region, From 2022 - 2027 ( USD Billion )

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