Thailand Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends & Forecasts: 2015–2022

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  • Thailand Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends & Forecasts: 2015–2022

    Thailand market has been one of the fast growing markets in South Asian region. However, the power industry could not keep up with high growth of power requirement resulted by economic development causing power shortage. Light Emitting Diodes (LEDs) based lighting is currently promoted as a solution to reduce the power shortage as LED based lighting needs 30–90% less electricity when compared to other lighting sources. The economic growth in future is expected to further increase the urbanization in the country which will increase the pressure on infrastructure demanding higher power requirements in both commercial and residential categories. This future growth is expected to further boost the LED demand in Thailand during the forecast period.

    The study of Thailand LEDs market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study also covers the competitive scenario of the market with respect to the raw material availability, major players with their branding strategies and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

    According to Infoholic Research, Thailand LEDs market is expected to grow at a CAGR of 28.3% during the forecast period to reach $1.97 billion by 2022. The lighting segment is expected to contribute the largest growth towards the LED market which is expected to be driven by government subsidies, government investments, decreasing LED prices, and entry of multinational players in Thailand market.

    Strong trade relation between Thailand and China is expected to be helpful in LEDs procurement for the LED products manufacturing facilities in the country. Multinational players have been investing in the Thailand LED products manufacturing market. Some of the prominent players in Thailand LED market are TP Halo LED Lighting Co. Ltd., Electronic Lighting Co. Ltd., Thai Stanley Electric Public Co. Ltd., and Lighting & Equipment.

     

  • With tables and figures helping analyze worldwide Thailand Light Emitting Diodes (LEDs) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Sl.No Description Slide No.

    1 Introduction 3

    1.1 Research Methodology 5

    1.2 Market Definition & Coverage 6

    1.2.1 Market Definition 6
    1.2.2 Major Application Areas 7
    1.2.3 Major Application Areas - Sub Segments 8

    2 Executive Summary 9

    3 Market Overview 11

    3.1 Country Trends 12

    3.2 PESTLE Analysis 14

    3.3 Market Drivers 15

    3.4 Market Challenges & Inhibitors 16


    4 Thailand LED Market Analysis 17

    4.1 Momentum Analysis By Applications 18

    4.2 Thailand LED Market Revenues, By Applications 19

    4.3 Thailand LED Market Volume, By Applications 20

    4.4 Thailand LED Market Volume, By Applications (Year-on-Year) 21

    4.5 Thailand LED Market Revenues from Mobile Devices, By Sub-segments 22

    4.6 Thailand LED Market Revenues from Displays, By Sub-segments 23

    4.7 Thailand LED Market Revenues from Lighting, By Sub-segments 24
    4.8 Thailand LED Market Revenues from Signs & Boards, By Sub-segments 25
    4.9 Thailand LED Market Revenues from Other Applications 26

    5 Thailand LED Market Supply Analysis, by Key Players 27

    6 Supplier Profiles 29

    6.1 TP Halo Led Lighting Co LTD 30

    6.2 Electronic Lighting co. LTD 32

    6.3 Thai Stanley Electric Public Co LTD 34

    6.4 Lighting & Equipment 36

    6.5 Eve Lighting 38

    Disclaimer 40

     

  • The Thailand Light Emitting Diodes (LEDs) Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • TP Halo Led Lighting Co LTD Electronic Lighting co. LTD Thai Stanley Electric Public Co LTD Lighting & Equipment Eve Lighting
    By Regions:
      By Type:
        By Application:
        Licensing options
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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