Toggle Nav
My Cart
Search
Advanced Search
Menu
Account
Settings

Southeast Asian LED Lighting Market, Forecast to 2023

Southeast Asian LED Lighting Market, Forecast to 2023

Government Initiatives and Support Will Drive Market Growth; Emerging Applications Will Create New End-user Segments and Expand Existing Ones

RELEASE DATE
22-Aug-2019
REGION
Asia Pacific
Deliverable Type
Market Research
Research Code: PA7C-01-00-00-00
SKU: EN01148-AP-MR_23519
AvailableYesPDF Download

$4,950.00

Special Price $3,712.50 save 25 %

In stock
SKU
EN01148-AP-MR_23519

Southeast Asian LED Lighting Market, Forecast to 2023
Published on: 22-Aug-2019 | SKU: EN01148-AP-MR_23519

Need more details?

$4,950.00

$3,712.50save 25 %

DownloadLink
Request Sample
Add to Compare
Need more details?
Description

The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising consumer demand for and adoption of LED products. In addition, environment-friendly products are seeing increased uptake across the region, fueled by the efforts of the key market participants. The outdoor lighting segment will record significant growth over the next 2-3 years as a result of infrastructure-related investments. Except for Singapore, all the other countries under study are embarking on major projects that are likely to be completed in the short term.

However, market growth is restrained by the intense price competition. Price wars, along with the lack of end-user awareness about the various LED solutions, hamper demand. In addition, declining prices affect companies' bottom-lines and hinder their capacity to spend on R&D and other development efforts.

Growth opportunities include the lighting-as-a-service (LaaS) business model, technological advancements, R&D as a go-to-market strategy, cost efficiency, and the increasing applicability of LED lighting and its solutions. Growing end-user segments and emerging applications will drive market expansion. High R&D budgets and innovative practices will play a key role in capturing more market share. The shift to LaaS has proven to be a significant change in the market. By providing consumers with the option of reduced set-up costs, companies have found an alternative business model to address unmet market needs and expand their portfolios.

Many companies from the region are supported by various government initiatives to meet export capabilities, which allows them to provide high-quality products at relatively lower prices.

This study analyzes the market in terms of drivers, restraints, forecasts, trends, and competitive landscape. Countries under study are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The study period is from 2015 to 2023; 2018 is the base year.

Key Issues Addressed

  • What is the anticipated market growth between 2018 and 2023?
  • What are the key drivers and restraints to market growth?
  • What are the trends in end-user segments and distribution channels?
  • Who are the key market participants and what are their competitive strengths?
  • What is the market landscape like in each of the major Southeast Asian economies?

Author: Janice Wung 

Table of Contents

Key Findings

Market Engineering Measurements

Market Engineering Measurements (continued)

CEO’s Perspective

Market Definitions and Scope

Market Definitions and Scope (continued)

Key Questions this Study will Answer

Market Segmentation by Application

Market Segmentation by Geography

Distribution Channels

Value Chain

Lighting Technology Roadmap

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Market Engineering Measurements

Market Engineering Measurements (continued)

Forecast Assumptions

Revenue Forecast

Revenue Forecast Discussion

Pricing Trends

Percent Revenue Forecast by Country

Revenue Forecast by Country

Revenue Forecast Discussion by Country

Revenue Forecast by Vertical Market

Revenue Forecast Discussion by Vertical Market

Percent Revenue Forecast by Distribution Channel

Percent Revenue Forecast by Distribution Channel Discussion

Penetration Analysis

Market Share

Competitive Environment

Top Competitors

Competitive Factors and Assessment

Competitive Factors and Assessment (continued)

Growth Opportunity 1—LaaS Business Model

Growth Opportunity 2—Technological Advancements

Growth Opportunity 3—R&D as a Go-to-Market Strategy

Growth Opportunity 4—Cost Efficiency

Growth Opportunity 5—Increasing Applicability

Strategic Imperatives for Success and Growth

Impact of Mega Trends on the Market

Impact of Mega Trends on the Market (continued)

Impact of Mega Trends on the Market (continued)

CEO’s 360 Degree Perspective

CEO’s 360 Degree Perspective (continued)

Indonesia Key Findings

Indonesia Revenue Forecast

Indonesia Revenue Forecast Discussion

Indonesia Revenue Forecast Discussion (continued)

Indonesia Pricing Trends

Indonesia Percent Revenue Forecast by Distribution Channel

Indonesia Percent Revenue Forecast by Distribution Channel Discussion

Indonesia Penetration Analysis

Indonesia Market Share

Indonesia Market Share Analysis

Indonesia Competitive Environment

Indonesia SWOT Analysis of Key Participants

Indonesia SWOT Analysis of Key Participants (continued)

Indonesia SWOT Analysis of Key Participants (continued)

Indonesia SWOT Analysis of Key Participants (continued)

Indonesia Competitive Factors and Assessment

Malaysia Key Findings

Malaysia Revenue Forecast

Malaysia Revenue Forecast Discussion

Malaysia Revenue Forecast Discussion (continued)

Malaysia Revenue Forecast Discussion (continued)

Malaysia Pricing Trends

Malaysia Percent Revenue Forecast by Distribution Channel

Malaysia Percent Revenue Forecast by Distribution Channel Discussion

Malaysia Penetration Analysis

Malaysia Market Share

Malaysia Market Share Analysis

Malaysia Competitive Environment

SWOT Analysis of Key Participants

SWOT Analysis of Key Participants (continued)

SWOT Analysis of Key Participants (continued)

SWOT Analysis of Key Participants (continued)

Malaysia Competitive Factors and Assessment

Philippines Key Findings

Philippines Revenue Forecast

Philippines Revenue Forecast Discussion

Philippines Revenue Forecast Discussion (continued)

Philippines Pricing Trends

Philippines Percent Revenue Forecast by Distribution Channel

Philippines Percent Revenue Forecast by Distribution Channel Discussion

Philippines Penetration Analysis

Philippines Market Share

Philippines Market Share Analysis

Philippines Competitive Environment

SWOT Analysis of Key Participants

SWOT Analysis of Key Participants (continued)

SWOT Analysis of Key Participants (continued)

SWOT Analysis of Key Participants (continued)

Philippines Competitive Factors and Assessment

Singapore Key Findings

Singapore Revenue Forecast

Singapore Revenue Forecast Discussion

Singapore Revenue Forecast Discussion (continued)

Singapore Pricing Trends

Singapore Percent Revenue Forecast by Distribution Channel

Singapore Percent Revenue Forecast by Distribution Channel Discussion

Singapore Penetration Analysis

Singapore Market Share

Singapore Market Share Analysis

Singapore Competitive Environment

SWOT Analysis of Key Participants

SWOT Analysis of Key Participants (continued)

SWOT Analysis of Key Participants (continued)

Singapore Competitive Factors and Assessment

Thailand Key Findings

Thailand Revenue Forecast

Thailand Revenue Forecast Discussion

Thailand Revenue Forecast Discussion (continued)

Thailand Pricing Trends

Thailand Percent Revenue Forecast by Distribution Channel

Thailand Percent Revenue Forecast by Distribution Channel Discussion

Thailand Penetration Analysis

Thailand Market Share

Thailand Market Share Analysis

Thailand Competitive Environment

Thailand SWOT Analysis of Key Participants

Thailand SWOT Analysis of Key Participants (continued)

Thailand SWOT Analysis of Key Participants (continued)

Thailand SWOT Analysis of Key Participants (continued)

Thailand Competitive Factors and Assessment

Vietnam Key Findings

Vietnam Revenue Forecast

Vietnam Revenue Forecast Discussion

Vietnam Revenue Forecast Discussion (continued)

Vietnam Pricing Trends

Vietnam Percent Revenue Forecast by Distribution Channel

Vietnam Percent Revenue Forecast by Distribution Channel Discussion

Vietnam Penetration Analysis

Vietnam Market Share

Vietnam Market Share Analysis

Vietnam Competitive Environment

Vietnam SWOT Analysis of Key Participants

Vietnam SWOT Analysis of Key Participants (continued)

Vietnam SWOT Analysis of Key Participants (continued)

Vietnam SWOT Analysis of Key Participants (continued)

Vietnam Competitive Factors and Assessment

3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Additional Sources of Information on LEDs

Companies Listed under ‘Others’

Learn More—Next Steps

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Request Sample
Purchase includes:
  • Report download
  • Growth Dialog™ with our experts
Related Research
  1. Emerging Business Models and Growth Opportunities in Workplace Management, Asia-Pacific, 2024 2029
    $2,450.00 Release Date: 12-Jul-24
  2. Global Homes and Buildings Industry Outlook, 2024
    $4,950.00 Release Date: 24-Apr-24
  3. Circular Economy in the Global Lighting Industry
    $2,450.00 Release Date: 7-Mar-24
  4. Frost Radar : Smart Water Metering in North America, 2024
    $4,950.00 Release Date: 27-May-24
  5. Growth Opportunities in the US Drinking Water PFAS Management Industry
    $2,450.00 Release Date: 16-Aug-24

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising consumer demand for and adoption of LED products. In addition, environment-friendly products are seeing increased uptake across the region, fueled by the efforts of the key market participants. The outdoor lighting segment will record significant growth over the next 2-3 years as a result of infrastructure-related investments. Except for Singapore, all the other countries under study are embarking on major projects that are likely to be completed in the short term. However, market growth is restrained by the intense price competition. Price wars, along with the lack of end-user awareness about the various LED solutions, hamper demand. In addition, declining prices affect companies' bottom-lines and hinder their capacity to spend on R&D and other development efforts. Growth opportunities include the lighting-as-a-service (LaaS) business model, technological advancements, R&D as a go-to-market strategy, cost efficiency, and the increasing applicability of LED lighting and its solutions. Growing end-user segments and emerging applications will drive market expansion. High R&D budgets and innovative practices will play a key role in capturing more market share. The shift to LaaS has proven to be a significant change in the market. By providing consumers with the option of reduced set-up costs, companies have found an alternative business model to address unmet market needs and expand their portfolios. Many companies from the region are supported by various government initiatives to meet export capabilities, which allows them to provide high-quality products at relatively lower prices. This study analyzes the market in terms of drivers, restraints, forecasts, trends, and competitive landscape. Countries under study are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The study period is from 2015 to 2023; 2018 is the base year.--BEGIN PROMO--

Key Issues Addressed

  • What is the anticipated market growth between 2018 and 2023?
  • What are the key drivers and restraints to market growth?
  • What are the trends in end-user segments and distribution channels?
  • Who are the key market participants and what are their competitive strengths?
  • What is the market landscape like in each of the major Southeast Asian economies?

Author: Janice Wung 

More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Janice Wung
Industries Environment
WIP Number PA7C-01-00-00-00
Is Prebook No
GPS Codes 9343-A4,GETE