South Korea LED Lighting Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

South Korea LED Lighting Market: Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine


The South Korea LED lighting market is expected to grow at a CAGR of around 7.5% during 2024-2033. This report on South Korea LED lighting market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the South Korea LED lighting market by segmenting the market based on type, installation, application and region. Also, detailed profiles of companies operating in the LED lighting market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Increasing Demand from Automotive Sector
• Increasing Popularity of Ambient Lighting

Market Challenges

• Limited Thermal Tolerance

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Type

• LED lamps
• LED luminaires

Market by Installation

• New
• Retrofit

Market by Application

• Residential
• Commercial
• Industrial
• Outdoor
• Other Applications

Market by Region

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Other Regions


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. South Korea LED Lighting Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. South Korea LED Lighting Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. South Korea LED Lighting Market by Type
5.1. Introduction
5.2. LED lamps
5.3. LED luminaires
6. South Korea LED Lighting Market by Installation
6.1. Introduction
6.2. New
6.3. Retrofit
7. South Korea LED Lighting Market by Application
7.1. Introduction
7.2. Residential
7.3. Commercial
7.4. Industrial
7.5. Outdoor
7.6. Other Applications
8. South Korea LED Lighting Market by Region
8.1. Introduction
8.2. Seoul Capital Area
8.3. Yeongnam (Southeastern Region)
8.4. Honam (Southwestern Region)
8.5. Hoseo (Central Region)
8.6. Other Regions
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Acuity Brands Inc.
12.2.2. Backsan LNT Co. Ltd.
12.2.3. DSE CO. LTD.
12.2.4. Everlight Electronics Co. Ltd.
12.2.5. Hubbell Inc.
12.2.6. HWASHIN KOREA CO. LTD.
12.2.7. Koninklijke Philips N.V.
12.2.8. KOREA LED AND EQUIPMENT Co., Ltd.
12.2.9. LG Innotek Co. Ltd.
12.2.10. Lumileds Holding BV
12.2.11. Nichia Corp.
12.2.12. Samsung Electronics Co. Ltd.
12.2.13. Seoul Semiconductor Co. Ltd.
12.2.14. SMART Global Holdings Inc.
12.2.15. Zhejiang Future Lighting Co. Ltd
List of Figures
Figure 1: South Korea LED Lighting Market (in US$ Million), 2019-2023
Figure 2: South Korea LED Lighting Market by Type, 2023
Figure 3: South Korea LED Lighting Market by Installation, 2023
Figure 4: South Korea LED Lighting Market by Application, 2023
Figure 5: South Korea LED Lighting Market by Region, 2023
Figure 6: South Korea LED Lighting Market (in US$ Million), 2024-2033
Figure 7: South Korea LED Lighting Market by Type (in %), 2023 & 2033
Figure 8: South Korea LED Lamps Lighting Market (in US$ Million), 2019-2023
Figure 9: South Korea LED Lamps Lighting Market (in US$ Million), 2024-2033
Figure 10: South Korea LED Luminaires Lighting Market (in US$ Million), 2019-2023
Figure 11: South Korea LED Luminaires Lighting Market (in US$ Million), 2024-2033
Figure 12: South Korea LED Lighting Market by Installation (in %), 2023 & 2033
Figure 13: South Korea New LED Lighting Market (in US$ Million), 2019-2023
Figure 14: South Korea New LED Lighting Market (in US$ Million), 2024-2033
Figure 15: South Korea Retrofit LED Lighting Market (in US$ Million), 2019-2023
Figure 16: South Korea Retrofit LED Lighting Market (in US$ Million), 2024-2033
Figure 17: South Korea LED Lighting Market by Application (in %), 2023 & 2033
Figure 18: South Korea Residential LED Lighting Market (in US$ Million), 2019-2023
Figure 19: South Korea Residential LED Lighting Market (in US$ Million), 2024-2033
Figure 20: South Korea Commercial LED Lighting Market (in US$ Million), 2019-2023
Figure 21: South Korea Commercial LED Lighting Market (in US$ Million), 2024-2033
Figure 22: South Korea Industrial LED Lighting Market (in US$ Million), 2019-2023
Figure 23: South Korea Industrial LED Lighting Market (in US$ Million), 2024-2033
Figure 24: South Korea Outdoor LED Lighting Market (in US$ Million), 2019-2023
Figure 25: South Korea Outdoor LED Lighting Market (in US$ Million), 2024-2033
Figure 26: South Korea Other Applications LED Lighting Market (in US$ Million), 2019-2023
Figure 27: South Korea Other Applications LED Lighting Market (in US$ Million), 2024-2033
Figure 28: South Korea LED Lighting Market by Region (in %), 2023 & 2033
Figure 29: Seoul Capital Area LED Lighting Market (in US$ Million), 2019-2023
Figure 30: Seoul Capital Area LED Lighting Market (in US$ Million), 2024-2033
Figure 31: Yeongnam (Southeastern Region) LED Lighting Market (in US$ Million), 2019-2023
Figure 32: Yeongnam (Southeastern Region) LED Lighting Market (in US$ Million), 2024-2033
Figure 33: Honam (Southwestern Region) LED Lighting Market (in US$ Million), 2019-2023
Figure 34: Honam (Southwestern Region) LED Lighting Market (in US$ Million), 2024-2033
Figure 35: Hoseo (Central Region) LED Lighting Market (in US$ Million), 2019-2023
Figure 36: Hoseo (Central Region) LED Lighting Market (in US$ Million), 2024-2033
Figure 37: Other Regions LED Lighting Market (in US$ Million), 2019-2023
Figure 38: Other Regions LED Lighting Market (in US$ Million), 2024-2033
Figure 39: Market Value Chain
List of Tables
Table 1: South Korea LED Lighting Market Portraiture
Table 2: South Korea LED Lighting Market by Type (in US$ Million), 2023 & 2033
Table 3: South Korea LED Lighting Market by Installation (in US$ Million), 2023 & 2033
Table 4: South Korea LED Lighting Market by Application (in US$ Million), 2023 & 2033
Table 5: South Korea LED Lighting Market by Region (in US$ Million), 2023 & 2033
Table 6: Europe LED Lighting Market by Country (in US$ Million), 2023 & 2033
Table 7: List of Key Players

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