Indonesia LED Lighting Market Growth, Share, Demand, Sales Price and Future Competition 2032
Indonesia LED Lighting Market Size- By Type, By Usage - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Jan-2023 | Report ID: IACT2305 | Pages: 1 - 103 | Formats*: |
| Category : Information & Communications Technology | |||
Indonesia LED Lighting Market Overview
According to SPER Market Research, the Indonesia LED Lighting Market is estimated to reach USD 7.81 billion by 2032 with a CAGR of 21.74%.
During the review period, the market for LED lights in Indonesia had a CAGR that was much higher than average. Even though the market is still in its infancy in the nation, both residential and non-residential client groups have shown a sizable level of interest in it. It is backed up by the government and public's growing awareness and concern about the importance of sustainable development and the deployment of energy-efficient technologies in the nation.
The market for LED lights in Indonesia is anticipated to expand quickly and with a significant CAGR. Customers' growing knowledge of energy-efficient lighting systems and the government's increased efforts to encourage the adoption of environmentally friendly lighting systems by both residential and non-residential customers are projected to boost market growth. In the upcoming years, the key players in the LED lighting industry will debut a variety of cutting-edge LED goods. Numerous customers are anticipated to be drawn in by innovations made in the design and functionality of LED lights.
Impact of COVID-19 on the Indonesia LED Lighting Market
There isn't a single industry that the coronavirus outbreak hasn't had an impact on. The global economy has been severely disrupted ever since the outbreak started in China late last year. According to Electrical Lighting Business Association (Aperlindo), a considerable drop in the growth of the LED industry in Indonesia is projected to continue as a result of the COVID-19 Pandemic. This report offers the conclusions drawn from the analysis carried out for the post-COVID-19 situation of the LED market in Indonesia taking into account all the risk factors, opportunities, drivers, restraints, and challenges brought on by the abrupt global spread of the COVID-19 pandemic.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Usage |
| Regions covered | Bandung, Jakarta, Java, Kalimantan, Sulawesi, Sumatra, Surabaya, Others |
| Companies Covered | Holz International Technology, Honoris Industry, Jaya Eco Energi, Panasonic Eco Solution, Philips Indonesia, Sinar Angkasa Rungkut, Solarens Ledindo |
Target Audience-
- Government bodies such as regulating authorities and policy makers
- LED Lighting Importers/Exporters
- LED Lighting Manufacturers
- LED Lighting OEMs/Assemblers
- LED Lighting Suppliers
- Market research and consulting firms
- Research organizations and consulting companies
Indonesia LED Lighting Market Segmentation:
1. By Type:
- Lamps
- Luminaires
2. By Usage:
- Indoor
- Outdoor
3. By Region:
- Bandung
- Jakarta
- Java
- Kalimantan
- Sulawesi
- Sumatra
- Surabaya
- Others
Key Topics Covered in the Report:
- Size of Indonesia LED Lighting Market (FY’2019-FY’2032)
- Overview of Indonesia LED Lighting Market
- Segmentation of Indonesia LED Lighting By Type (Lamps, Luminaires)
- Segmentation of Indonesia LED Lighting Market By Usage (Indoor, Outdoor)
- Statistical Snap of Indonesia LED Lighting Market
- Growth Analysis of Indonesia LED Lighting Market
- Problems and Challenges in Indonesia LED Lighting Market
- Competitive Landscape in the Indonesia LED Lighting Market
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Indonesia LED Lighting Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Indonesia LED Lighting Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Indonesia LED Lighting Market
7. Indonesia LED Lighting Market, By Type, 2019-2032 (USD Million)
7.1 Lamps7.2 Luminaires
8. Indonesia LED Lighting Market, By Usage, 2019-2032 (USD Million)
8.1 Indoor8.2 Outdoor
9. Indonesia LED Lighting Market, By Region, 2019-2032 (USD Million)
9.1 Indonesia LED Lighting Size and Market Share by Region (2019-2025)9.2 Indonesia LED Lighting Size and Market Share by Region (2026-2032)9.3 Bandung9.4 Jakarta9.5 Java9.6 Kalimantan9.7 Sulawesi9.8 Sumatra9.9 Surabaya9.10 Others
10. Company Profiles
10.1 Holz International Technology
10.1.1 Company details10.1.2 Financial outlook10.1.3 Product summary10.1.4 Recent developments
10.2 Honoris Industry
10.2.1 Company details10.2.2 Financial outlook10.2.3 Product summary10.2.4 Recent development
10.3 Jaya Eco Energi
10.3.1 Company details10.3.2 Financial outlook10.3.3 Product summary10.3.4 Recent developments
10.4 Panasonic Eco Solution
10.4.1 Company details10.4.2 Financial outlook10.4.3 Product summary10.4.4 Recent developments
10.5 Philips Indonesia
10.5.1 Company details10.5.2 Financial outlook10.5.3 Product summary10.5.4 Recent developments
10.6 Sinar Angkasa Rungkut
10.6.1 Company details10.6.2 Financial outlook10.6.3 Product summary10.6.4 Recent developments
10.7 Solarens Ledindo
10.7.1 Company details10.7.2 Financial outlook10.7.3 Product summary10.7.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Indonesia LED Lighting Market is projected to reach USD 7.81 billion by 2032, growing at a CAGR of 21.74% during the forecast period.
The Indonesia LED Lighting Market grew in market size from 2021. The Market is expected to reach USD 7.81 billion by 2032, at a CAGR of 21.74% during the forecast period.
The Indonesia LED Lighting Market CAGR of 21.74% during the forecast period.
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The Indonesia LED Lighting Market size is USD 7.81 billion from 2022 to 2032.
The Indonesia LED Lighting Market segment is Covered By Type, By Usage.
The Asia-Pacific region is anticipated to have the highest market share in the Indonesia LED Lighting Market.
The key players in the market include Companies Covered Holz International Technology, Honoris Industry, Jaya Eco Energi, Panasonic Eco Solution, Philips Indonesia, Sinar Angkasa Rungkut, Solarens Ledindo.
The market for LED lights in Indonesia is anticipated to expand quickly and with a significant CAGR. Customers' growing knowledge of energy-efficient lighting systems and the government's increased efforts to encourage the adoption of environmentally friendly lighting systems by both residential and non-residential customers are projected to boost market growth.
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