Market Research Reports - Ken Research LED Lighting Industry Developments | Page 2

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