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

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

    Light Emitting Diodes (LEDs) based lights have been changing lighting industry in the past 5–10 years and are responsible for the replacement of halogen lamps and incandescent bulbs. The developing economies across the globe which were lagging behind the developed economies in terms of technological acceptance level are now exporting the LED products to developed countries.

    In 2013, Turkey initiated an ambitious project to replace street lights with LEDs in order to decrease the energy consumption by as much as 75% and to contribute towards balancing current deficit of the country. Since then, Turkey’s lighting market has been witnessing a huge shift from traditional light sources to non-conventional LEDs products. Although, the product manufacturing companies still have to rely heavily on imports for LED supply, yet the market is witnessing high growth owing to government support in terms of favorable import policies for LED chips. A similar trend has also been witnessed in other LED product markets as well where LED displays are replacing the traditional displays and LED sign boards are replacing conventional boards, changing ways the marketing is being done.

    The study of Turkey LEDs market provides the market size information and market trends along with the factors and parameters impacting 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.

    According to Infoholic Research, Turkey LEDs market is expected to grow at a CAGR of 15.6% during the forecast period 2016–2022 to reach $344.0 million by 2022. The lighting segment is expected to contribute the largest contribution towards the growth whereas the highest growth is expected from signs & boards segment which is expected to be benefitted by technological development, decreasing LED price and industrial development of Turkish economy.

    The Turkish LED market is not only focusing on building the domestic demand for LED markets but also eyeing to cater export markets in the European region in order to fill the void created after the ban of halogen lamps import by the European Union. The LED products manufacturing capabilities in Turkey is constantly improving. Many international players have established their manufacturing set-ups in Turkey in order to reap benefits of growing market opportunities. Some of the prominent players in Turkey LED market are Osram, Philips, General Electric, and Metsan Lighting. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.


  • With tables and figures helping analyze worldwide Turkey 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 Turkey LED Market Analysis 17

    4.1 Momentum Analysis By Applications 18

    4.2 Turkey LED Market Revenues, By Applications 19

    4.3 Turkey LED Market Volume, By Applications 20

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

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

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

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

    5 Turkey LED Market Supply Analysis, by Key Players 27

    6 Supplier Profiles 29

    6.1 OSRAM 30


    6.3 PHILIPS 34

    6.4 General Electric 36

    6.5 Atıl Aydınlatma 38

    Disclaimer 40


  • The Turkey 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:
    • OSRAM METSAN LIGHTING PHILIPS General Electric Atıl Aydınlatma
    By Regions:
      By Type:
        By Application:
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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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