Market Overview:
The Thailand LED market is expected to exhibit a CAGR of 23.38% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The market for LED lighting products is currently exhibiting robust growth in Thailand. The market is currently being driven by a number of factors. This includes their higher shelf life, lower energy consumption and reduced maintenance requirements. LED lights use significantly lower electricity compared to conventional lighting, leading to a significant energy cost savings, particularly for areas with lights that are on for extended periods. Moreover, unlike conventional lighting, LEDs have a significantly longer lifespan. Driven by a higher operational life, LEDs can reduce the labor costs involved in replacing bulbs in commercial situations, resulting in a lower maintenance lighting system. Additionally, the strong support from the Thai government is also playing a major role in driving the Thai LED market. Thai government incentives have played a key role in promoting LED adoption in the consumer sector, with numerous subsidies aimed at making LED bulbs more affordable to the general consumer. The country’s Electricity Generating Authority of Thailand (EGAT) and Provincial Electricity Authority (PEA) represent some of the key government agencies that are promoting LED lighting in the country. Some of the other key factors driving the demand of LED lights in Thailand include reducing prices of LED lights, launch of numerous infrastructure projects, and a shift by both the public and private sector towards energy efficiency.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
This report provides a deep insight into the Thailand LED market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for LED manufacturers, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Thailand LED market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Thailand LED market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, application and installation type.
Breakup by Region:
- Northern Thailand
- Northeastern Thailand
- Western Thailand
- Central Thailand
- Eastern Thailand
- Southern Thailand
Breakup by Product Type:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Panel Lights
- Down Lights
- Street Lights
- Tube Lights
- Bulbs
- Others
Breakup by Application:
- Commercial
- Residential
- Institutional
- Industrial
Breakup by Installation Type:
- New Installation
- Retrofit Installation
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product Type, Application, Installation Type, Region |
| Region Covered |
Northern Thailand, Northeastern Thailand, Western Thailand, Central Thailand, Eastern Thailand, Southern Thailand |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Thailand LED market performed so far and how will it perform in the coming years?
- What are the key regional markets in the Thailand LED industry?
- What has been the impact of COVID-19 on the Thailand LED industry?
- What is the breakup of the Thailand LED market on the basis of product type?
- What is the breakup of the Thailand LED market on the basis of application?
- What is the breakup of the Thailand LED market on the basis of installation type?
- What are the various stages in the value chain of the Thailand LED industry?
- What are the key driving factors and challenges in the Thailand LED industry?
- What is the structure of the Thailand LED industry and who are the key players?
- What is the degree of competition in the Thailand LED industry?
- What are the profit margins in the Thailand LED industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Thailand Lighting Industry
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Application
5.4 Market Breakup by Technology
5.5 Market Forecast
6 Why is the LED Market so Lucrative in Thailand
7 Thailand LED Market
7.1 Market Overview
7.2 Market Performance
7.3 Impact of COVID-19
7.4 Market Breakup by Product Type
7.5 Market Breakup by Application
7.6 Market Breakup by Installation Type
7.7 Market Breakup by Region
7.8 Market Breakup by Imports and Domestic Manufacturing
7.9 Market Breakup by Indoor and Outdoor Applications
7.10 Market Forecast
7.11 SWOT Analysis
7.11.1 Overview
7.11.2 Strengths
7.11.3 Weaknesses
7.11.4 Opportunities
7.11.5 Threats
7.12 Value Chain Analysis
7.13 Porters Five Forces Analysis
7.13.1 Overview
7.13.2 Bargaining Power of Buyers
7.13.3 Bargaining Power of Suppliers
7.13.4 Degree of Competition
7.13.5 Threat of New Entrants
7.13.6 Threat of Substitutes
7.14 PESTEL Analysis
7.14.1 Political
7.14.2 Economic
7.14.3 Social
7.14.4 Legal
7.14.5 Environmental
7.14.6 Technological
7.15 Price Analysis
7.15.1 Price Indicators
7.15.2 Price Structure
7.15.3 Margin Analysis
7.16 Key Market Drivers and Success Factors
8 Thailand LED Industry: Market Breakup by Product Type
8.1 Panel Lights
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Down Lights
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Street Lights
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Tube Lights
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Bulbs
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Thailand LED Industry: Market Breakup by Application
9.1 Commercial
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Residential
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Institutional
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Industrial
9.4.1 Market Trends
9.4.2 Market Forecast
10 Thailand LED Industry: Market Breakup by Installation Type
10.1 New Installation
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Retrofit Installation
10.2.1 Market Trends
10.2.2 Market Forecast
11 Thailand LED Industry: Market Breakup by Region
11.1 Northern Thailand
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Northeastern Thailand
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Western Thailand
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Central Thailand
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Eastern Thailand
11.5.1 Market Trends
11.5.2 Market Forecast
11.6 Southern Thailand
11.6.1 Market Trends
11.6.2 Market Forecast
12 Government Regulations
13 Strategic Recommendations
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Thailand: Lighting Market: Major Drivers and Challenges
Figure 2: Thailand: LED Market: Major Drivers and Challenges
Figure 3: Thailand: Lighting Market: Sales Value (in Billion US$), 2016-2021
Figure 4: Thailand: LED Market: Sales Value (in Billion US$), 2016-2021
Figure 5: Thailand: Lighting Market: Breakup by Technology (in %), 2021
Figure 6: Thailand: Lighting Market: Breakup by Application (in %), 2021
Figure 7: Thailand: LED Market: Breakup by Product Type (in %), 2021
Figure 8: Thailand: LED Market: Breakup by Application (in %), 2021
Figure 9: Thailand: LED Market: Breakup by Installation Type (in %), 2021
Figure 10: Thailand: LED Market: Breakup by Imports and Domestic Manufacturing (in %), 2021
Figure 11: Thailand: LED Market: Breakup by Indoor and Outdoor Applications (in %), 2021
Figure 12: Thailand: LED Market: Breakup by Region (in %), 2021
Figure 13: Thailand: Lighting Market: Sales Value (in Billion US$), 2022-2027
Figure 14: Thailand: LED Market: Sales Value (in Billion US$), 2022-2027
Figure 15: Thailand: LED Industry: SWOT Analysis
Figure 16: Thailand: LED Industry: Value Chain Analysis
Figure 17: Thailand: LED Industry: Porter’s Five Forces Analysis
Figure 18: Thailand: LED Industry: PESTEL Analysis
Figure 19: Thailand: LED (Panel Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Thailand: LED (Panel Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Thailand: LED (Down Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Thailand: LED (Down Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Thailand: LED (Street Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Thailand: LED (Street Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Thailand: LED (Tube Lights) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Thailand: LED (Tube Lights) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Thailand: LED (Bulbs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Thailand: LED (Bulbs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Thailand: LED (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Thailand: LED (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Thailand: LED (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Thailand: LED (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Thailand: LED (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Thailand: LED (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Thailand: LED (Institutional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Thailand: LED (Institutional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Thailand: LED (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Thailand: LED (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Thailand: LED (New Installation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Thailand: LED (New Installation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Thailand: LED (Retrofit Installation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Thailand: LED (Retrofit Installation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Northern Thailand : LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Northern Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Northeastern Thailand: LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Northeastern Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Western Thailand: LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Western Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Central Thailand: LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Central Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Eastern Thailand: LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Eastern Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Southern Thailand: LED Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Southern Thailand: LED Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Thailand: Lighting Market: Key Industry Highlights, 2021 and 2027
Table 2: Thailand: LED Market: Key Industry Highlights, 2021 and 2027
Table 3: Thailand: Lighting Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Thailand: Lighting Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Thailand: LED Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 6: Thailand: LED Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 7: Thailand: LED Market Forecast: Breakup by Installation Type (in Million US$), 2022-2027
Table 8: Thailand: LED Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 9: Thailand: LED Market Structure
Table 10: Thailand: LED Market: Key Players