Post COVID Recovery – Indonesian LED market to reach $2.4 billion by 2026

reogma|Post COVID Recovery - Indonesian LED market to reach $2.4 billion by 2026

The growing and high demands for LED lights, high investment from the government to promote LED lights, decreasing LED prices, and investments from multinational players are expected to fuel the market. Considering such factors, it is anticipated market will be valued at around $ 2.4 billion by 2026

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Pricing Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Further Reading
  • Appendix

Definition / Scope

LED is a short form for the light-emitting diode which is a semiconductor light source that emits light when current flows through it. A light-emitting diode (LED) module is a self-contained LED device designed either to function on its own or to plug into a compatible unit. LED modules are commonly used to create energy-efficient or portable lighting.

When powered on, these modules emit bright light from a small bulb. LED module devices include LED book lights, night lights, outdoor lighting, LED headlamps, and LED flashlights, as well as the multiple, LED bulb units used in LED lighting fixtures.

LEDs are incredibly useful, reliable, and provide a longer life span, which is expected to increase their indoor and outdoor applications. Compared to incandescent lights, these lights are cost-effective, containing about 50,000 hours of lighting with a tiny quantity of energy consumed.

It's impossible to think of a sector that hasn't been affected by the coronavirus outbreak in some way. Since the outbreak began late last year in China, severe disruptions have reverberated throughout the global economy. The COVID-19 Pandemic has also had a significant impact on the lighting industry, According to Electrical Lighting Industry Association (Aperlindo), a significant decline in the growth of the LED industry in Indonesia is expected to continue until 2022. This Report presents the inferences obtained from the analysis performed for the post COVID-19 state of the LED Market in Indonesia considering all the Risk Factors, Opportunities, Drivers, Restraints and Challenges caused by the sudden outbreak of the COVID-19 Pandemic across the world.

reogma|Post COVID Recovery - Indonesian LED market to reach $2.4 billion by 2026


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The growing and high demands for LED lights, high investment from the government to promote LED lights, decreasing LED prices, and investments from multinational players are expected to fuel the market. Considering such factors, it is anticipated market will be valued at around $ 2.4 billion by 2026 Definition / […]
reogma|Post COVID Recovery - Indonesian LED market to reach $2.4 billion by 2026reogma|Post COVID Recovery - Indonesian LED market to reach $2.4 billion by 2026

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