Showing posts with label LED Lamps Market Share. Show all posts
Showing posts with label LED Lamps Market Share. Show all posts

Thursday, October 12, 2017

Indonesia LED Lighting Market Future Outlook: Ken Research

How LED Lights Market Is Positioned in Indonesia?
Lighting market was traditionally dominated by fluorescent tube lights (FTLs) and incandescent bulbs (ICLs) until a decade ago. The prime reasons attributed to their dominance were easy availability, cheaper products relative to other lighting products and easy installation. However, these lighting sources were highly inefficient in terms of energy consumption.
The increasing consumption of electricity in the country and the government’s plans to gain 100.0% electricity supply in the country have stimulated the need for energy efficient lighting system in the country. The Indonesian government identified the glitches in the lighting sector and therefore started aggressively promoting energy efficient sources of lighting in the country. With the advancements in technology, superior sources of lighting such as LEDs came into the market. Light Emitting Diodes (LEDs) are solid state semiconductor devices without mercury content.
As the electricity penetration increases the consumption of electricity shall automatically rise. The country already has a shortage of electricity. Blackouts and power rationing even occurs in the country’s main capital Jakarta. LED being the latest lighting technology in the country has garnered a significant traction among the people in Indonesia since it got introduced in the country.
Which Type of LED is Preferred the Most?
In Indonesia both LED luminaires and lamps are sold by the players. The choice of the type of LED depends on the purpose and location of the LED light. LED luminaire amounts for only ~ lighting industry sales in the country as of 2016, according to statistics compiled by The Indonesian Electrical Lighting Industry Association (APERLINDO), and has great future market potential.
In the Indonesian LED lights market, luminaires dominated the market with a share of ~% during 2016. In Indonesia, there are different types of luminaires namely panel lights, downlights, spotlights and directional lights. Luminaires can be used for both indoor and outdoor applications. The major customers of luminaires form the residential and commercial customers who largely use the same for their indoor lighting purposes. LED Luminaires for office lighting are well developed in terms of design and performance and also available at a viable price now in the country. Though luminaires are expensive in comparison to Lamps in terms of installation cost, people prefer to use them owing to its modern design, stylish fixtures. Moreover, luminaires are rich with product variety.
The replacement demand for luminaires is less one its major attractive factor being the longevity. Luminaires are durable. In Indonesia luminaires are sold by both local and international players namely, Hori LED, Philips, Osram and others. Apart from indoor applications luminaires are also compatible for outdoor usages such as applications in parking lot, building exterior and roadway fixtures and others.
Which Usage Of Led Lights Dominates In Indonesia?
The wide product range in the LED lights segment has made it compatible for both outdoor and indoor applications. The application of LED lights is dominated by the indoor segment with a share of ~% as of 2016. Major customer segment for LED lights are residential customers who prefer the installation of LED lights within their houses. It is also used for office lighting purposes at the commercial spaces. LED lights specialize in indoor areas as they are resistant from water vapor and dust due to their low heat emitting qualities and the small size, which does not allow such substances stick to the installed lights. Thus, the level of ingress protection, which is required by indoor light applications, is achieved by such heat resistant LED lights.
Outdoor lighting represents the traffic lightings, park lightings, street lightings, roadway lightings, exterior building lightings and other open area lightings. It majorly serves the purpose of creating a sense of personal security by illuminating larger areas. LED lightings emit much brighter light that it shall very well cater the outdoor lighting needs. Both, LED luminaires and lamps are used for the outdoor lighting purposes. The lighting of building exterior dominates the outdoor LED lights applications. The public lighting retrofit programs have been introduced in the past two years or are currently being introduced and are not widely practiced in the country yet.
Which Distribution Channel Is Preferred The Most In Indonesia?
Installation of LED lights is way more expensive than the traditional lighting systems. Hence, people tend to save money in the procurement of the product. Buying LED products directly from distributors are cheaper than buying it from any other sources. In Indonesia even the residential customers prefer to buy LED lights from the distributors. The market is dominated by distributor-led sales. Distributors get rebates on the products that enable them to offer the products at discounted prices to the customers.
Distributor-led sales are followed by retailers that held a share of ~% in 2016. Retailers generally cater to the lighting requirements of the residential customers. The major companies in the country have their retail stores operating at the centre of major cities, at various malls and other similar locations. In Indonesia, lighting products are distributed via various types of retail entities such as electrical shops, hardware stores, mini markets, supermarkets and traditional/grocery stores. Post retailers the sales channel is dominated by direct sales. Direct sales refer to the sale of LED products directly by the manufacturers. In 2016, the channel accounted for a meager share of 10.0% in the overall LED lighting market revenue.
Which Region Dominates The LED Lights Market In Indonesia?
Jakarta is the capital and the largest city of Indonesia. It is located on the northwest island of Java and it is the country’s economic, cultural and political centre. This signifies the importance of the city for the country. As in case of other product markets the LED lights market of the country is also dominated by this region in terms of revenue generation. It accounted for a share of ~% in the market as of 2016. Jakarta is one of the highly populated areas in the country. It has a population of more than 9.7 million as of 2016. Jakarta is followed by Surabaya in terms of revenue. Surabaya is also one of the major metropolitan areas of Indonesia. It has a population of more than 9.2 million as of 2016. The city held the second position in terms of revenue contribution to the LED lights market of the country with a share of ~% as of 2016. It is the port city on the Indonesian Island of Java. It is a business driven city and it has many commercial establishments and plants. Bandung followed Surabaya in terms of revenue generation in the market. Bandung has one LED manufacturing plant. The economic growth, rapid increase of the population, and urban expansion, which can be attributed to the tremendous growth in its commercial, industrial, and educational sectors, have brought many opportunities to Bandung.
What are the Major Trends and Issues in Indonesia led lights Market?
The initiatives being taken by the Indonesian government is expected to be the biggest driver for growth in the country’s LED lighting market. The country’s government is keener on reducing GHG emissions and the electricity consumption in the country. Especially, the deficiency in electricity and the plans of the government to completely electrify the country by 2019 have induced the government to launch energy saving programs.
The trade relation between Indonesia and China is getting stronger every year. It is expected to be helpful for the domestic producers to procure the LED components and products more easily. A major chunk of LED imports occur from China as both countries signed a mutual recognize agreement (MRA) that cut import tariffs for LED and other energy-efficient lighting to 5 percent. Therefore it is cheap to import LED lights from China.
Indonesia lacks in infrastructure development and its improvement is the top priority of the present government. In the 2016 budget, the Indonesian government earmarked the highest amount ever allocated for infrastructure development which was nearly USD ~ billion. 
The lighting industry is one which keeps on upgrading in terms of technology. The LED light market of the Indonesia has witnessed RAPID expansion of product lines of the market. Within every two or three months a new model of LED light is introduced in the market. The rapid evolving technology leads to changes being brought about in the LED lights overtime, which makes it hard for the customers to buy new lights with minor changes in the latest models.
How the Competition is prevailing in Indonesia LED Lights Market
The Indonesia LED lights market is highly concentrated with the dominance of few leading lighting manufacturers and distributors in the country. The market is dominated by one of the international player which is Philips a Netherlands based lighting company. Philips is followed by Panasonic which is also a foreign company based in Japan. There are ~ manufacturers of LED lights in the country including both national and international players. Nearly ~% of the market is dominated by top four players in the market, of which Philips accounts for a share of ~% as of 2016. Since the sector requires large amount of capital to be invested, this has inhibited the emergence of several companies in the space. Though the other companies hold a very small share in the midst of rising demand for energy efficient lighting systems are expected to boost the sales revenue for small LED lighting companies in the country. Frequent introduction of new LED products, rapid changes in technology, changing customer requirements, long product life cycle, and number of retail outlets and prices of similar technology by various companies are common platforms on which the competition prevails in the overall lighting market of the country.
What is the Future Outlook for Indonesia LED Lights Market?
The LED lighting market of Indonesia has showcased a tremendous growth during the review period 2013-2016. The lighting segment in the country is expected to contribute the largest growth towards the LED lights market and is expected to be driven by the government initiatives, decreasing LED prices, and investments from multinational players in the Indonesian market. The Indo LED & Light Expo, held in 2016, to raise the awareness of the public is expected to raise the demand LED lights in the country from both residential and non-residential customers in the country. The Indonesian government’s decision to replace the traditional advertising materials with LED displays and putting more efforts for raising consumer awareness spreading the importance of energy-saving lighting options in the country are expected to boost the sales of LED lights in the country for non-residential use. Indonesia has recently signed the ‘One Belt One Road’ (OBOR) deal with China. This has also raised the LED lights market of the country that would impact the traditional lighting replacement market.
Companies Cited in the Report
List of Companies                           Companies Covered in the Report
  1. Philips Indonesia
PT Panasonic Eco Solution
PT Honoris Industry                         Major Players in Indonesia
  1. Jaya Eco Energi LED Lights Market
  2. Solarens Ledindo
  3. Holz International Technology
  4. Sinar Angkasa Rungkut
Key Factors Considered in the Report
Comprehensive analysis of Indonesia LED Lights Market and its segments
Listed major players and their positioning in the market
Identified major industry trends and issues in last few years and assessed the future growth of the industry
Government initiatives and regulations in Indonesia LED Lights Market
Product Portfolio by company in Indonesia LED Lights Market
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

More Focus on Non-Residential Lighting and Connectivity through Mobile Devices is Expected to Flourish Indonesia LED Lighting Products Demand: Ken Research

Growing trade relation between China and Indonesia is expected to be helpful domestic producers to procure the LED components and products more easily
Rising Infrastructure and construction industry in the country is expected to raise the demand for LED lights to meet the public lighting needs
Efforts by APERLINDO together with the country’s government are expected to regulate the market and to raise the product standards
Though the LED lights market in Indonesia is at its infancy stage at present, it is expected to grow at a tremendous rate in the coming five years. Efforts taken by the government to attract more foreign investment to the market and also to promote domestic production is expected to be a growth driver to the market. A significant portion of investment made in the lighting market is made by few multinational companies in Indonesia. The leading company in the LED lighting market of the country is Philips, which is a multi-national company. The Indonesian government’s decision to replace the traditional advertising materials with LED displays and to put more efforts for raising consumer awareness and to spread the importance of energy-saving lighting options in the country are expected to boost the sales of LED lights in the country for non-residential use. The government is looking forward to replace the conventional printed billboards with LED displays. They have long-term plans to transform Jakarta similar to Tokyo, with huge flashing LED boards. Hence, Jakarta is expected to retain its dominant position in the market in the coming years.
The plans of the government to completely electrify the country by 2019 with energy efficiency lighting installations are expected to raise the demand for LED lights in the country for both indoor and outdoor applications. The tax incentives recently issued by the government on LED lights industry is expected to attract more foreign investments and encourage more domestic production of LED lights.
Ken Research in its latest study, Indonesia LED Lighting Market by Type (Lamps & Luminaires), By Usage (Indoor and Outdoor) and By Sector – Outlook to 2021, observed that the rising residential and commercial construction in the country and the government plans to reach 100% in the electricity penetration by 2020 shall foster the growth rate of LED lights market in the country. An emphasis on acquisitions, mergers and business alliances in the market, focus on constant upgradation of technologies and products, increased focus on the non-residential customers and implementation of a standard regulatory framework for the market shall support growth in the market.  
The Indonesia LED lights market is estimated to register a positive CAGR during 2017-2021. Rising awareness activities, reduction in the prices, infrastructural developments, government initiatives, improved product offerings and similar other factors are expected to be key drivers for a growth in the demand for LED lights in the country.
The report provides information on the types of LED, its usage, types of luminaires, type of lamps, distribution channel and the regions dominating the market in terms of revenues. It also covers the major players in the market such as PT. Philips Indonesia, PT Panasonic Eco Solution, PT Honoris Industry, PT. Jaya Eco Energi,          PT. Solarens Ledindo, PT. Holz International Technology and PT. Sinar Angkasa Rungkut.
Key Topics Covered in the Report
LED Lamps Market Share
Indonesia Lighting Market
LED Lighting Industry Developments
Spotlight Market Indonesia
Global LED Lighting Market
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Wednesday, October 11, 2017

Indonesia LED Lighting Market by Type (Lamps & Luminaires), By Usage (Indoor and Outdoor) and By Sector – Outlook to 2021: Ken Research

The report titled “Indonesia LED Lighting Market by Type (Lamps & Luminaires), By Usage (Indoor and Outdoor) and By Sector – Outlook to 2021” which provides an extensive analysis of LED lamps and luminaire market in Indonesia. The report 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.
The report facilitate the reader 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
Indonesian LED lights market has showcased a tremendous increase at a CAGR of ~% during the review period 2013-2016. Though the market is in its nascent stage in the country, it has already attained significant amount of attention among both residential and non-residential customer segments. It is supported by the rising awareness and concern among the government and public regarding the necessity of a sustainable development and the use of energy efficient technologies in the country.
Market Segmentation of Indonesia LED Lights Market
In terms of revenue generation, Luminaires has dominated the market, with a share of ~% to the total revenues of Indonesia LED lights market during 2016 followed by Lamps that held a share of ~% in the revenue.
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 indoor area held a share of ~% in the overall revenue of LED lights market in the Indonesia dominating the market. Outdoor application of LED lights held a share of ~% in the market.
Indoor usage segment is dominated by the residential customers with a share of ~% followed by the commercial and industrial customers who accounted for a share of ~% and ~% respectively in 2016. 
Outdoor usage is dominated by its application in lighting up the building exterior that held a share of ~% followed by area/roadway, parking lot and parking garage lightings in 2016. 
In terms of revenue generation, distributor-led sales dominated the market with a share of ~% in the overall revenue of the market in 2016. Distributor-led sales are followed by the retailers and direct sales with a share of ~% and ~% respectively during 2016.
In terms of revenue generation from the sale of LED lights Jakarta dominated the market as of 2016, with a share of ~%. It is followed by Surabaya, Bandung and other regions with a share of ~%, ~% and ~% respectively during same year.
Competitive Landscape
The Indonesia LED lights market is highly concentrated with the dominance of few leading lighting manufacturers and distributors in the country. The market is dominated by one of the international player which is Philips a Netherlands based lighting company. Philips is followed by Panasonic which is also a foreign company based in Japan. There are 19 manufacturers of LED lights in the country including both national and international players. Nearly ~% of the market is dominated by top four players in the market, of which Philips accounted for a share of ~% as of 2016. Lighting companies such as Philips, Panasonic, Honoris, Solarens, Jaya Eco Energi, Holz, Sinar Angkasa Rangkut and Osram were the major players in the Indonesia LED lights market of 2016.
Future Potential of Indonesia LED Lights Market
The Indonesia LED lights market is expected to grow at a rapid pace with a robust CAGR of ~% from 2017 to 2021. Growth in the market is expected to be supported by increasing awareness about energy-efficient lighting systems among customers, and growing efforts of government to shift both residential and non-residential customers towards the use of environment friendly lighting systems. The LED lighting market shall witness launch of innovative LED products being introduced in the market by the major players in the coming years. Innovations done in the design and features of LED lights are expected to attract more number of customers. Government programs and policies directed towards the use of LED lights in the public spaces and regulations to install LED lights in the advertising materials such as billboards and display boards are expected to boost the sales during the forecast period. The overall LED lighting market of Indonesia is expected to generate revenue of USD ~ million by 2021.
Key Topics Covered in the Report
The Indonesia LED Lights Market Overview and Genesis
Value Chain Analysis of the Indonesia LED Lights Market
The Indonesia LED Lights Market Size
The Indonesia LED Lights Market Segmentation
Government Initiatives and Regulations on the Indonesia LED Lights Market
Trends and Issues in the Indonesia LED Lights Market
Trade Scenario in the Indonesia LED Lights Market
Cost Analysis/Cost Components for LED Lights Indonesia LED Lights Market
Manufacturing Clusters in Indonesia LED Lights Market
Decision Making Process before Purchasing LED Lights in the Indonesia
Competitive Landscape of Major Players in the Indonesia LED Lights Market
Future Outlook and Projections of the Indonesia LED Lights Market
Macroeconomic Factors affecting the Indonesia LED Lights Market
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204