Asia Pacific Outdoor LED Lighting Market Size
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2017 - 2030 |
|
Market Size (2024) | USD 3.73 Billion |
|
|
Market Size (2030) | USD 5.01 Billion |
|
Largest Share by Outdoor Lighting | Streets and Roadways |
|
|
CAGR (2024 - 2030) | 5.03 % |
|
Largest Share by Country | Japan |
Major Players |
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|
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*Disclaimer: Major Players sorted in alphabetical order. |
Asia Pacific Outdoor LED Lighting Market Analysis
The Asia Pacific Outdoor LED Lighting Market size is estimated at 3.73 billion USD in 2024, and is expected to reach 5.01 billion USD by 2030, growing at a CAGR of 5.03% during the forecast period (2024-2030).
3.73 Billion
Market Size in 2024 (USD)
5.01 Billion
Market Size in 2030 (USD)
1.72 %
CAGR (2017-2023)
5.03 %
CAGR (2024-2030)
Largest Segment by Outdoor Lighting
54.49 %
value share, Streets and Roadways, 2023
Asia-Pacific is a diverse mix of rapidly emerging and developed countries that share a large, interconnected road network.
Fastest-growing Segment by Outdoor Lighting
5.76 %
Projected CAGR, Public Places, 2024-2030
The growth in theme parks, shopping malls, and other public places is increasing with the development of smart city projects.
Largest by Country
32.58 %
value share, Japan, 2023
Japan was the largest country by value share in 2022, accounting for 32.49%. Major LED lighting companies such as Toshiba, Panasonic, and Nichia are from Japan, and LED light product penetration is at its maximum in the country.
Fastest-growing Segment by Country
6.80 %
Projected CAGR, China, 2024-2030
China is the fastest-growing country, and it is projected to record a CAGR of 6.17%. China exports most of its LED lighting to India, making it the world's largest LED lighting exporter.
Leading Market Player
17.42 %
market share, Panasonic Holdings Corporation, 2022
Panasonic held the maximum market share of 17.42% in 2022 in the region. China accounted for about 11.5% of Panasonic's March 2023 sales of JPY 964.7 billion (USD 7.14 billion).
Growing number of Streets and Roadways and public places drive the LED lights in APAC.
- In terms of value share in 2023, the streets and roadways subsegment accounted for a majority of the share, followed by public places and others. Asia-Pacific is a vast region, and the majority of the countries are developing nations, due to which streets and roadways account for a majority of the transport connectivity with the region. The economic growth is majorly dependent upon this sector. Redevelopment of existing road networks and investment in expanding them are carried out at an increasing pace in the region. The LED lighting companies are collaborating with country-level governments to replace traditional street lights with LED lights. The Thai government plans to replace old lights in Bangkok with over 400,000 LED street lights, saving 70% of energy.
- In terms of volume share in 2023, the public places subsegment accounted for most of the share, followed by streets, roadways, and others. With increasing population, purchasing power, and travel and tourism, the need for parking lots has also increased over the years. The three largest markets, South Korea, China, and Japan, achieved store growth of 8.3%, 2.9%, and 2.3%, respectively. The trend in the coffee shop market is expected to increase in the alpha and beta generations, leading to massive LED demand. Further construction and development of airports are expected to increase the market demand. Examples include an airport development project in Vietnam worth USD 14.5 billion, one of the most expensive greenfield airports in the world, and a new USD 13.5 billion project funded by the conglomerate San Miguel Corporation (SMC). For example, the Manila International Airport (NMIA) is under construction.
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Government programs to promote LED lights undertaken in India, China, Japan, and other APAC countries are expected to boost the outdoor LED lighting market
- In terms of value share, in 2022, Japan accounted for the majority of the market share, followed by India, China, and the Rest of Asia-Pacific. The Japanese government has replaced incandescent bulbs with energy-efficient LED lighting systems to address the problem of power shortages. The expansion of the Japanese consumer electronics sector has also increased the use of LED lighting in smartphones, feature phones, digital video cameras, and other electronic devices. These lights are also used in the automotive, general lighting, traffic lights and signs, medical, academic, and forensic industries. The Japanese government offers various incentives and subsidy programs to promote the introduction of LED lighting in the country. Rapid advances in LED technology have led manufacturers to introduce innovative lighting products with increased efficiency and durability.
- In terms of volume share, in 2022, Japan accounted for the majority of the market share, followed by India, China, and the Rest of Asia-Pacific. The UJALA program has transformed the LED lighting industry in India. Demand for LED lamps increased 50-fold in the three years after 2014, but retail market prices (for lamps sold outside UJALA) fell by a third. This price drop was due to economies of scale achieved by a significant increase in demand from the UJALA program in parallel with the global trend of falling LED chip prices. The production capacity of LED lamps in India has also increased significantly, with around 176 registered manufacturing facilities.
- In the Rest of Asia-Pacific, countries are gaining momentum in the adoption of LED lights in their indoor and outdoor segments. Thus, with rising adoption, LED penetration in Asia-Pacific is expected to increase over the forecast period.
Asia Pacific Outdoor LED Lighting Market Trends
Construction and refurbishing of new stadiums to drive the growth of the market
- The number of stadiums is expected to witness growth from 650 units in 2022 to 732 units in 2030, exhibiting a CAGR of 1.5%. The sports sector has undergone several changes in recent years. For instance, Perth Stadium became the first multi-use stadium in the APAC area to be fully lighted by LEDs in 2017. Some of the organizations that host essential competitions in the region include the Board of Control for Cricket in India (BCCI), Indian Premier League (IPL), New Zealand Cricket, Sahara Force India, and Melbourne Cricket Association, affecting the construction of the stadium infrastructure in the area. For instance, the Varanasi stadium will cost USD 300 million to construct. BCCI has planned a total of five new stadiums. These elements support the expansion of the LED market in the area.
- Countries like China, India, Singapore, Australia, and Japan are concentrating on building new stadiums while refurbishing existing ones. For instance, the government of New South Wales announced plans to spend over USD 1.53 billion on the reconstruction of football and Olympic stadiums in 2017. Government activities in the sports sector support the expansion of the LED market in Asia-Pacific. For instance, the growth of sports facilities in India is fueled by government initiatives like Khelo India, Fit India, and Smart City. The efforts aim to increase sports participation across India and improve sporting facilities so that India performs to its full potential at the Olympics and other important sporting events. Additionally, upcoming sporting occasions like the Cricket World Cup (India) and the FIFA Women's World Cup (Australia and New Zealand) will drive the growth of LED lights in the stadiums.
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Increase in construction and sales of residential houses to drive the growth of LED market.
- The APAC is home to 60% of the world's population. Numerous nations in the region, notably China and India, are in the top ten in terms of population growth. India has recently shown that it is possible to install LED technology quickly and extensively. These nations' construction industries are prospering as their native and immigrant populations both grow quickly. For instance, the volume of residential buildings climbed by 5% in Indonesia in 2017 and by 1% in 2019, and this trend will continue throughout the forecast period due to the countries' growing populations. As a result, the rapidly expanding building sector in APAC will increase demand for LEDs in the market.
- The other nations' construction industries are prospering as their native and immigrant populations both grow quickly. For instance, the volume of residential buildings climbed by 5% in Indonesia in 2017 and by 1% in 2019, and this trend will continue throughout the forecast period due to the countries' growing populations. As a result, the rapidly expanding building sector in Asia-Pacific will increase the demand for LEDs in the regional market.
- China has the most households in APAC as of 2021, with a total of over 449.7 million. In addition, there are 295.1, 68.9, and 48.5 million households in India, Indonesia, and Japan, respectively. There is a steady rise in the number of households in these nations, which suggests that more homes are being built and that the demand for LEDs in the APAC area is rising. Over 23.6 million of the 37.5 million passenger cars sold in the Asia-Pacific area in 2022 were in China. Comparatively, the Asia-Pacific area sold about 34.57 million passenger cars in 2021. The demand for LEDs in the region will be aided by the rise in automotive vehicle sales in the APAC region.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increasing investment in commercial buildings, buying luxury cars, and adoption of EV to increase the growth of the market
- Initiatives related to infrastructure development and increasing use of energy-efficient lighting to drive the growth of LED lights
- LED light upgrade project, government offering subsidies, and tax benefits to raise LED localization and reduction of GHG emission to drive the growth of the market
- Government initiatives to promote energy-efficient LED lights in the region to increase LED light sales
- The market is driven by increasing population, increasing per capita income, and government subsidy to promote the use of LED lights
Asia Pacific Outdoor LED Lighting Industry Overview
The Asia Pacific Outdoor LED Lighting Market is moderately consolidated, with the top five companies occupying 42.65%. The major players in this market are Guangdong PAK Corporation Co.,Ltd., Nichia Corporation, OPPLE Lighting Co., Ltd, Panasonic Holdings Corporation and Signify Holding (Philips) (sorted alphabetically).
Asia Pacific Outdoor LED Lighting Market Leaders
Guangdong PAK Corporation Co.,Ltd.
Nichia Corporation
OPPLE Lighting Co., Ltd
Panasonic Holdings Corporation
Signify Holding (Philips)
Other important companies include ACUITY BRANDS, INC., ams-OSRAM AG, EGLO Leuchten GmbH, LEDVANCE GmbH (MLS Co Ltd), Toshiba Corporation.
*Disclaimer: Major Players sorted in alphabetical order.
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Asia Pacific Outdoor LED Lighting Market News
- June 2023: The company light up the Tokyo Dome with around 400 Panasonic LED floodlights, 2KW equivalent. In March 2017, 300 LED floodlights installed in the infield.
- May 2023: Cyclone Lighting, a well-known manufacturer of outdoor luminaires, has announced the debut of its Elencia luminaire. Outdoor post-top lighting has an upscale look thanks to high-performance optics and revised, modern lantern style.
- April 2023: Hydrel, an established innovator and producer of outdoor architectural and landscape lighting systems, announces the addition of the M9700 RGBW fixture to its M9000 ingrade luminaire family.
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We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 40+ free charts, the sections cover difficult to find data on various countries on Automotive Production, Lighting Electricity Consumption, Road Network, Number of Stadiums, Number of Charging Stations among others.
Asia Pacific Outdoor LED Lighting Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Population
2.2. Per Capita Income
2.3. Total Import Of LEDs
2.4. Lighting Electricity Consumption
2.5. # Of Households
2.6. LED Penetration
2.7. # Of Stadiums
2.8. Regulatory Framework
2.8.1. China
2.8.2. India
2.8.3. Japan
2.9. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Outdoor Lighting
3.1.1. Public Places
3.1.2. Streets and Roadways
3.1.3. Others
3.2. Country
3.2.1. China
3.2.2. India
3.2.3. Japan
3.2.4. Rest of Asia-Pacific
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. ACUITY BRANDS, INC.
4.4.2. ams-OSRAM AG
4.4.3. EGLO Leuchten GmbH
4.4.4. Guangdong PAK Corporation Co.,Ltd.
4.4.5. LEDVANCE GmbH (MLS Co Ltd)
4.4.6. Nichia Corporation
4.4.7. OPPLE Lighting Co., Ltd
4.4.8. Panasonic Holdings Corporation
4.4.9. Signify Holding (Philips)
4.4.10. Toshiba Corporation
5. KEY STRATEGIC QUESTIONS FOR LED CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- HUMAN POPULATION IN MILLION, NUMBERS, ASIA-PACIFIC, 2017 - 2030
- Figure 2:
- PER CAPITA INCOME, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 3:
- VALUE OF LED IMPORTS, USD MILLION, ASIA-PACIFIC, 2017 - 2030
- Figure 4:
- CONSUMPTION OF ELECTRICITY FOR LIGHTING, TWH, ASIA-PACIFIC, 2017 - 2030
- Figure 5:
- COUNT OF HOUSEHOLDS, MILLION, ASIA-PACIFIC, 2017 - 2030
- Figure 6:
- LED PENETRATION, %, ASIA-PACIFIC, 2017 - 2030
- Figure 7:
- COUNT OF STADIUMS, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 8:
- VOLUME SALES OF ASIA PACIFIC OUTDOOR LED LIGHTING MARKET, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 9:
- VALUE SALES OF ASIA PACIFIC OUTDOOR LED LIGHTING MARKET, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 10:
- VOLUME SALES OF LED FIXTURES BY OUTDOOR LIGHTING, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 11:
- VALUE SALES OF LED FIXTURES BY OUTDOOR LIGHTING, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 12:
- VALUE SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, ASIA-PACIFIC, 2017 - 2030
- Figure 13:
- VOLUME SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, ASIA-PACIFIC, 2017 - 2030
- Figure 14:
- VOLUME SALES OF LED FIXTURES IN PUBLIC PLACES, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 15:
- VALUE SALES OF LED FIXTURES IN PUBLIC PLACES, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 16:
- VALUE SHARE OF PUBLIC PLACES BY OUTDOOR LIGHTING, %, ASIA-PACIFIC, 2022 VS 2030
- Figure 17:
- VOLUME SALES OF LED FIXTURES IN STREETS AND ROADWAYS, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 18:
- VALUE SALES OF LED FIXTURES IN STREETS AND ROADWAYS, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 19:
- VALUE SHARE OF STREETS AND ROADWAYS BY OUTDOOR LIGHTING, %, ASIA-PACIFIC, 2022 VS 2030
- Figure 20:
- VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 21:
- VALUE SALES OF LED FIXTURES IN OTHERS, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 22:
- VALUE SHARE OF OTHERS BY OUTDOOR LIGHTING, %, ASIA-PACIFIC, 2022 VS 2030
- Figure 23:
- VOLUME SALES OF LED FIXTURES BY COUNTRY, NUMBER, ASIA-PACIFIC, 2017 - 2030
- Figure 24:
- VALUE SALES OF LED FIXTURES BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 25:
- VALUE SHARE OF LED FIXTURES BY COUNTRY, %, ASIA-PACIFIC, 2017 - 2030
- Figure 26:
- VOLUME SHARE OF LED FIXTURES BY COUNTRY, %, ASIA-PACIFIC, 2017 - 2030
- Figure 27:
- VOLUME SALES OF LED FIXTURES IN CHINA, NUMBER, CHINA, 2017 - 2030
- Figure 28:
- VALUE SALES OF LED FIXTURES IN CHINA, USD, CHINA, 2017 - 2030
- Figure 29:
- VOLUME SALES OF LED FIXTURES IN INDIA, NUMBER, INDIA, 2017 - 2030
- Figure 30:
- VALUE SALES OF LED FIXTURES IN INDIA, USD, INDIA, 2017 - 2030
- Figure 31:
- VOLUME SALES OF LED FIXTURES IN JAPAN, NUMBER, JAPAN, 2017 - 2030
- Figure 32:
- VALUE SALES OF LED FIXTURES IN JAPAN, USD, JAPAN, 2017 - 2030
- Figure 33:
- VOLUME SALES OF LED FIXTURES IN REST OF ASIA-PACIFIC, NUMBER, REST OF ASIA-PACIFIC, 2017 - 2030
- Figure 34:
- VALUE SALES OF LED FIXTURES IN REST OF ASIA-PACIFIC, USD, REST OF ASIA-PACIFIC, 2017 - 2030
- Figure 35:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2017 - 2030
- Figure 36:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2017 - 2030
- Figure 37:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia Pacific Outdoor LED Lighting Industry Segmentation
Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting. China, India, Japan are covered as segments by Country.
- In terms of value share in 2023, the streets and roadways subsegment accounted for a majority of the share, followed by public places and others. Asia-Pacific is a vast region, and the majority of the countries are developing nations, due to which streets and roadways account for a majority of the transport connectivity with the region. The economic growth is majorly dependent upon this sector. Redevelopment of existing road networks and investment in expanding them are carried out at an increasing pace in the region. The LED lighting companies are collaborating with country-level governments to replace traditional street lights with LED lights. The Thai government plans to replace old lights in Bangkok with over 400,000 LED street lights, saving 70% of energy.
- In terms of volume share in 2023, the public places subsegment accounted for most of the share, followed by streets, roadways, and others. With increasing population, purchasing power, and travel and tourism, the need for parking lots has also increased over the years. The three largest markets, South Korea, China, and Japan, achieved store growth of 8.3%, 2.9%, and 2.3%, respectively. The trend in the coffee shop market is expected to increase in the alpha and beta generations, leading to massive LED demand. Further construction and development of airports are expected to increase the market demand. Examples include an airport development project in Vietnam worth USD 14.5 billion, one of the most expensive greenfield airports in the world, and a new USD 13.5 billion project funded by the conglomerate San Miguel Corporation (SMC). For example, the Manila International Airport (NMIA) is under construction.
| Outdoor Lighting | |
| Public Places | |
| Streets and Roadways | |
| Others |
| Country | |
| China | |
| India | |
| Japan | |
| Rest of Asia-Pacific |
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Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
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Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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