Indonesia LED Lighting Market Size- By Type, By Usage - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
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. The market for LED lights in Indonesia is anticipated to expand quickly and with a significant CAGR.
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.
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
Indonesia LED Lighting Market Segmentation:
By Type: Based on the Type, Indonesia LED Lighting Market is segmented as; Lamps, Luminaires.
By Usage: Based on the Usage, Indonesia LED Lighting Market is segmented as; Indoor, Outdoor.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 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 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Indonesia LED Lighting Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Indonesia LED Lighting Manufacturing Base Distribution, Sales Area, Product Type
6.2 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 Lamps
7.2 Luminaires
8. Indonesia LED Lighting Market, By Usage, 2019-2032 (USD Million)
8.1 Indoor
8.2 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)