South Korea LED Lighting Market Outlook to 2018
Backlighting Units to Drive LED Growth
Region:Asia
Product Code:KR206
June 2014
86
About the Report
The report titled "South Korea LED Lighting Market Outlook to 2018 - Backlighting Units to Drive LED Growth" presents a comprehensive analysis of the industry covering aspects including LED lighting market size by revenue and market segmentation by types of applications, end users, market structure and distribution channels. The report also entails a detailed description on the recent trends and developments in the market and competitive scenario of major players in the industry along with providing future projections and outlook for South Korea LED lighting market.
The LED lighting market in South Korea has emerged as one of the fastest growing sectors of the lighting market in South Korea due to its increasing demand in the country. The market has registered a remarkable CAGR of 68.3% during 2008-2013 by rising from USD ~ million in 2008 to USD ~ million in 2013. There have been constant innovations and technological advancements in the field of LED lighting technology in order to provide the customers energy saving, environment friendly and advanced LED lighting solutions. The increasing awareness among people about the use of LED as a source of lighting, increasing government regulations and initiatives to promote LED lighting products has led companies to produce advanced LED lighting produced at affordable prices.
Backlighting unit for LCD TVs and monitors commanded the largest share of ~% share of the total LED lighting sales in the country in 2013, followed by general lighting which recorded a revenue of USD ~ million in 2013. Sales of LED lighting products by end users was led by commercial and industrial sector contributing ~% of the total revenue from the LED lighting market in the country. There has been a growing demand for consumer portable LED lighting products segment which witnessed a tremendous growth rate of 95.7% during 2008 to 2013.
Organized sector accounted for the highest share of ~% of the total sales of LED lighting market in South Korea in 2013, followed by the unorganized sector which accounted for ~% of the LED lighting products sales in the country during the year. Samsung Electronics, LG Innotek, Seoul Semiconductors, Philips, CREE Inc. and others including OSRAM, Nichia are some of the major players in the South Korea packaged LED market.
The future of the South Korea LED Lighting market is expected to be favorable on account of rapidly growing social awareness regarding use of LED lighting products, government initiatives and policies to promote use of LED technology, rising disposable income which will contribute to the demand for LED lighting solutions in the near term. The market is projected to reach USD ~ million by 2018 growing at a CAGR of 23.4 % over the period 2013-2018.
KEY TOPICS COVERED IN THE REPORT
- Market Size of South Korea LED Lighting Market by Value, 2008-2013
- Value Chain of South Korea LED Lighting Market
- Market Segmentation of South Korea LED Lighting Market (by Applications, End Users, Market Structure and Distribution Channels), 2008-2018
- Trends and Developments in South Korea LED Lighting Market
- Company Profiles of Major Players in South Korea LED Lighting Market
- Future Outlook and Projections in South Korea LED Lighting Market, 2014-2018.
Products
LED Lighting, Backlighting (TVs, Monitors), General Lighting, Cell phone, Signage, Automobiles, Commercial & Industrial, Retail Display, Architectural
Companies
Samsung Electronics, LG Innotek, Seoul Semiconductors, Phillips, CREE, OSRAM
Table of Contents
1. South Korea LED Lighting Market Introduction
2. South Korea LED Lighting Market Value Chain
3. Key Factors Influencing the Success of Companies in LED Lighting Market
4. South Korea LED Lighting Market Size by Value, 2008-2013
5. South Korea LED Lighting Market Segmentation
5.1. By Applications (Backlighting, General Lighting, Mobile Phones, Signage, Automobiles, Others), 2013
5.2. By End Users (Commercial & Industrial, Retail Display, Architectural, Residential, Consumer Portable LED Lighting, Off Grid and Others), 2008-2013
5.3. By Organized and Unorganized Market, 2008-2013
5.4. By Distribution Channels (Domestic/ Local Dealers, Authorized Dealers, Retail Stores and Online), 2008-2013
6. Trends and Developments in South Korea LED Lighting Market
Smart LED Lighting Products to Shape the Future of Lighting Market
Evolving 'OLED' Technology
Rising Use of Alternative Substrate to Produce LED
Increasing Use of Low Voltage AC LED
Rising Quantum Dot LED Lighting Solutions
Uniform Smooth Light for Indoor Purposes
7. SWOT Analysis of South Korea LED Lighting Market
8. Government Regulations in South Korea LED Lighting Market
Standardization of LED Lighting Products in South Korea
9. South Korea LED Packages Market Size, 2008-2013
10. Market Share of Major Players in South Korea packaged LED Industry, 2013
11. Company Profiles of Major Players in South Korea LED Lighting Market
11.1. Samsung Electronics Co. ltd.
11.1.1. Business Overview
11.1.2. Business Strategies
Higher Investment to Produce Superior Products
Expanding Operations to Increase Sales Globally
Environment Friendly LED Lighting Products to Drive Future Sales
11.1.3. Key Performance Indicators
11.2. Philips
11.2.1. Business Overview
11.2.2. Business Strategies
Transition from Traditional to LED Lighting
Applying Leading Technology and Technical Expertise to increase cash flow
Integrate Acquired Business and Pursue Strategic Opportunities
11.2.3. Key Performance Indicators
11.3. CREE Inc.
11.3.1. Business Overview
11.3.2. Business strategies
Lead with Innovation and Drive to cost parity
Focus on Increasing Product Offerings
Focus on selected Market Segments to Increase Sales in Future
Transform Product Innovation into Revenue and Profit Growth
11.3.3. Key Performance Indicators
11.4. Seoul Semiconductors
11.4.1. Business Overview
Key Developments of Seoul Semiconductor, 2008-2013
11.4.2. Key Performance Indicators
11.5. OSRAM
11.5.1. Business Overview
11.5.2. Business strategies
Focus on the Implementation of Innovative Technology
11.5.3. Key Performance Indicators
12. South Korea LED Lighting Market Future Outlook and Projections, 2014-2018
Upcoming LED Technologies to Drive the Future of Lighting Industry in South Korea
12.1. By End Users (Commercial & Industrial, Retail Display, Architectural, Residential, Consumer Portable LED Lighting, Off Grid and Others), 2014-2018
12.2. Cause and Effect Relationship Analysis between Industry Factors and Expected Prospects of South Korea LED Lighting Market
13. Macroeconomic Factors of South Korea LED Lighting Market
13.1. Population in South Korea, 2008-2018
13.2. GDP in South Korea, 2008-2018
13.3. Automobiles Sales in South Korea, 2008-2018
13.4. Number of Construction Enterprises in South Korea, 2008-2018
13.5. South Korea Household Final Consumption Expenditure, 2008-2018
13.6. Smartphone Users in South Korea, 2008-2018
14. Appendix
14.1. Market Definition
14.2. Abbreviations
14.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
14.4. Disclaimer
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