Philippines LED Lights Market Outlook to 2021: Ken Research

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Philippines LED Lights Market Outlook to 2021
Ken Research
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The report titled Philippines LED Lights Market
Outlook to 2021 Government Efforts to Induce
LED Penetration and Optimization of Electricity
to Develop Future Growth covers market size on
the basis of revenue, market segmentation by type
of LED, usage, type of luminaire, type of lamps,
distribution channel and by region. The report
also includes the government initiatives and
regulations in LED lights market, competitive
landscape and company profiles for major players
in the LED lights market. The report provides
detailed overview on the general features of LED
lights in the country and future outlook
projections with future strategies of the players
in the market.
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• The report facilitate the readers with the
  identification and in-depth analysis of the
  existing and future trends and issues that
  impacts the industry and has anticipated growth
  in the future depending upon changing industry
  dynamics in coming years. The report is useful
  for LED lights assemblers, manufacturers,
  commercial, industrial, government and
  residential customers and other stakeholders to
  plan their market centric strategies in
  accordance with the ongoing and expected trends
  in the future.
• Industry Overview
• LED lights market in the Philippines has
  displayed a tremendous increase at a CAGR of .
  The market is still in an infancy stage in the
  country. The growth showcased was led by higher
  demand from the commercial and industrial end
  users for LED lights. The energy saving feature
  of LED lights has lured these entities to adopt
  the technology. Lack of awareness among the
  people led to

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a lower penetration of the technology in
residential sector. Moreover, the programs
initiated by the government to LED streetlight
retrofit, traffic lighting retrofit, public
lighting retrofit and others during this period
has gained a significant traction for the LED
technology in the country. Market Segmentation
of Philippines LED Lights Market In terms of
revenue generation, Luminaires has dominated the
market, with a share of to the total revenues
of Philippines LED lights market during 2016
followed by Lamps that held a share of in the
revenue. The type of luminaire that dominated
the Philippines LED market is panel light that
accounted for a share of in the overall Led
lighting market in the country in 2016. Panel
Light was followed by downlight, spot light and
directional lights.
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LED reflectors dominated the market from the LED
lamps segment. It held a share of as of 2016.
It was followed by LED tubes and other lamps that
accounted for and respectively during the
same year. In 2016, the usage of LED lights in
the outdoor area held a share of in the
overall revenue of LED lights market in the
Philippines. The use of LED lights in the indoor
space is not yet widely accepted in the country
due to which it held a share of in the overall
revenue of the market during 2016. In terms of
revenue generation, project sales dominated the
market with a share of in the overall revenue
of the market in 2016. Majority of the outdoor
and indoor lighting needs are met through project
sales. Project sales are followed by the
exclusive agency and retailers with a share of
and respectively during 2016.
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• In terms of revenue generation from the sale of
  LED lights, Metro Manila dominated the market as
  of 2016, with a share of . It is followed by
  CALABARZON, Central Visayas and other regions
  with a share of , and respectively during
  same year.
• Competitive Landscape
• The Philippines LED lights market is highly
  concentrated with the dominance of few leading
  lighting assemblers and distributors in the
  country. There are a significant number of
  assemblers and distributors of LED lights in the
  country but the market is dominated by a few
  international and domestic players. Nearly 90 of
  the market is dominated by top six players in the
  market. Since the sector requires large amount of
  capital to be invested, this has inhibited the
  emergence of several companies in the space.
  Frequent introduction of new LED products, rapid
  changes in technology, meeting the changing
  customer requirements, long product life cycle,
  prices and

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number of retail outlets are common platforms on
which the competition prevails in the overall
lighting market of the country. The major players
in the market include Philips, Yatai, Firefly,
Akari, General Electric and Green Energy Saving.
Future Potential of Philippines LED Lights
Market The Philippines LED lights market is
expected to grow at a rapid pace at a CAGR of
from 2016 to 2021 owing to rising number of
market players, increasing awareness about
energy-efficient lighting systems among
customers, and growing efforts of government to
shift customers towards the environment friendly
LED lights. The LED lighting market will witness
launch of innovative LED products being
introduced in the market by major players
attracting the Filipinos. Innovations done in the
design and features of LED lights are expected to
attract more customers. Especially, the features
such as connectivity to mobile devices providing
the ease and
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• convenience of adjusting the brightness and color
  temperature of LED lights through smartphones or
  tablets is best suitable for the hotel ballrooms,
  wedding halls, party areas, malls and others. The
  overall LED lighting market of the Philippines is
  expected to generate revenue of USD million by
  2021.
• Key Factors Considered in the Report
• Philippines LED Lights Market Overview and
  Genesis
• Directional LED Light Market Philippines
• Philippines LED Trends and Development
• Value Chain Analysis of the Philippines LED
  Lights Market
• The Philippines LED Lights Market Size
• LED Tubes Market Philippines
• Traffic Lights Market Philippines
• Spot Lights Market in Philippines
• LED Lights Sales in Philippines

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LED Lamps Industry Philippines The Philippines
LED Lights Market Segmentation Government
Initiatives and Regulations on the Philippines
LED Lights Market Domestic Production LED
Philippines LED Lights Application
Philippines Competition LED Lights
Philippines Outdoor LED Light Market
Philippines Akari Lighting Revenue LED
Philippines Philippines LED Sales Revenue LED
Philippines Trends and Issues in the Philippines
LED Lights Market Indoor LED Lights in
Philippines Downlights Industry
Philippines Philippines LED Light Market
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To know more about the research
report https//www.kenresearch.com/consumer-produ
cts-and-retail/consumer-electronics/philippines-le
d-lighting-market/139309-95.html Related Reports
by Ken Research https//www.kenresearch.com/consum
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.kenresearch.com/energy-and-utilities/power/india-
led-lighting-market-research-report/617-103.html
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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204