Market Research Reports - Ken Research LED Lights Application Philippines | страница 2

Especially, the penetration among the residential customers is expected to rise in the coming
years due to the sustainability concern.
Ken Research in its latest study, Philippines LED Lights Market 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 shall amplify the growth rate of LED lights market in
the country. An emphasis on local manufacturing, increased focus on the residential customers
and implementation of a standard regulatory framework for the market shall support growth in
the market.
The Philippines LED lights market is estimated to register a positive CAGR of over 20% 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 Yatai International Corporation, Firefly Electric
and Lighting Corporation, Akari Lighting & Technology, General Electric Philippines, Philips
Electronics and Lighting, Inc. (PELI) and Green Energy Saving (GES).
Key Topics Covered in the Report:
Philippines Manufacturing LED
Philippines LED Sales
Revenue LED Philippines
LED Lights Sales in Philippines
Indoor LED Lights in Philippines
LED Lights Application Philippines
Industry Size Forecast LED Light
To know more about the research report:
https://www.kenresearch.com/consumer-products-and-retail/consumer-
electronics/philippines-led-lighting-market/139309-95.html
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