Rising Demand for Energy Efficient Lighting Systems and Government Initiatives to Create a Green Environment has Supported Growth in the Philippines LED Lighting Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Philippine government’s green infrastructure rules and regulations providing standards and incentives to promote more energy efficient and green buildings, the LED streetlight retrofit program and rising electricity penetration in the country contributed to the growth of LED lights market in Philippines. The report titled “Philippines LED Lights Market Outlook to 2021– Government Efforts to Induce LED Penetration and Sustainable Optimization of Electricity to Develop Future Growth” by Ken Research suggested a positive CAGR of over 20% in terms of revenue in LED lighting market in the next 5 years till 2021. Lighting industry in the Philippines is facing the most notable transition since the introduction of electric light bulbs in the 19th century. Lighting market was traditionally dominated by fluorescent tube lights (FTLs) and incandescent bulbs (ICLs) until a decade ago. The prime reasons attributed to their dominance were easy availability, cheaper products relative to other lighting products and easy installation. These traditional lighting systems consume more electricity than the LED lighting systems. LED lighting delivers on CO2 emission reduction targets by up to 1400 million tons per year, by replacing a uniform approach to lighting with tailored technology that is fit for use and also cuts unnecessary energy consumption. LED lights market in the Philippines has displayed a tremendous increase at a double digit CAGR growth. The market is still in an infancy stage in the country. The growth showcased was led by higher demand from the commercial and industrial end users for LED lights. The energy saving feature of LED lights has lured these entities to adopt the technology. With a programmable lighting system, government is able to take advantage of smart lighting systems in the event of an emergency and be able to assist in its swift resolution. Current business models are being scrutinized and future market potential is being assessed against those models. This is due to the rapid emergence of LED lighting that is transforming the technological and competitive landscape. Increasing pollution, electricity shortage, increasing electricity generation charges and others have led the government to promote green lighting technology in the country. Key Factors Considered in the Report Firefly Electric Competition Philippines LED Lights Component Sales Philippines Adoption LED Philippines FELCO LED Sales Philippines LED Lights Application Philippines Philippines Manufacturing LED LED Lamps Industry Philippines Indoor LED Lights in Philippines Philippines LED Sales LED Lights Sales in Philippines Industry Size Forecast LED Light LED Bulbs Imports Philippines Future LED Philippines To know more about the research report: https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/philippines-led-lighting-market/139309-95.html Related Reports by Ken Research https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/us-led-lighting-market-report/96117-95.html https://www.kenresearch.com/energy-and-utilities/power/india-led-lighting-market-research-report/617-103.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Post Views: 3 Tags: Adoption LED Philippines, Akari Lighting Revenue LED Philippines, Competition LED Lights Philippines, Directional LED Light Market Philippines, Domestic Production LED Philippines, Downlights Industry Philippines, FELCO LED Sales Philippines, Firefly Electric Competition Philippines, Future LED Philippines, General Lighting Market Philippines, Growth Drivers LED Lighting Philippines, Indoor LED Lights in Philippines, Industry Size Forecast LED Light, LED Bulbs Imports Philippines, LED Cost Driver Philippines, LED Lamps Industry Philippines, LED Lamps Market in Philippines, LED Light Retrofit Market Philippines, LED Lights Application Philippines, LED Lights Component Sales Philippines, LED Lights Sales in Philippines, LED Luminaries Market Philippines, LED Reflector Market Philippines, LED Tubes Market Philippines, Outdoor LED Light Market Philippines, Panel Lights Market Philippines, Philippines LED Light Market, Philippines LED Lighting Market, Philippines LED Sales, Philippines LED Trends and Development, Philippines Manufacturing LED, Revenue LED Philippines, Spot Lights Market in Philippines, Traffic Lights Market Philippines, Yatai International Market Share Philippines