Australia LED Lighting Market Outlook to 2027F
By Type of LEDs (Luminaires and Lamps), By Usage of LEDs (Indoor, Outdoor, Street Lighting, Building Exteriors/ Façade Lighting, Parking Lots and Garages, Others)
April 2023
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About the Report
About the Report
The report provides a comprehensive analysis of the potential of the LED Lighting Market in Australia. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The Australia LED Lighting Market segmentations include by type of LEDs, by usage of LEDs, by end user sector, and by type of sales; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Australia LED Lighting Market is forecasted to grow at a CAGR of ~% in the period of 2022P-2027F, owing to the growing consumer awareness about the environment, the durability of LED lights and the government initiatives for energy efficiency.
- Australia was the first in the world to comprehensively eliminate ordinary lighting, and can be considered a high-performance lighting applications paradise. The LED lighting product penetration is relatively high in its largest city Sydney, second only to Japan.
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A considerable number of GE LED street lights are used in urban roads in Australia.
Key Trends by Market Segment:
By Type of LEDs: Lamps hold the majority of the market share in the Australia LED Lighting Market in 2022. This has been possible due to the rising demand for lamps in residential and commercial sectors. The rising demand for advanced lamps especially in retail applications has also helped the segment gain dominance.
By End User Sector: The commercial sector accounted for the majority of the market share in Australia LED Lighting Market in 2022. The need for sophisticated lighting among exhibition, museum, and gallery owners for improved lighting applications is one of the driving forces behind the rapid growth of the commercial building industry around the world and is anticipated to promote market expansion.
Competitive Landscape
In Australia LED Lighting Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The major parameters on which these players compete includes Year Established, Product Quality and many more.
Future Outlook
The Australia LED Lighting Market is projected to show a significant growth of CAGR ~% in the forecasted period of 2022P-2027F, with growing consumer awareness about the environment, the durability of LED lights and the government initiatives for energy efficiency drive.
Scope Of The Report
Scope of the Report
|
By Type of LEDs |
Luminaires Lamps |
|
By Usage of LEDs |
Indoor Outdoor Street Lighting Building Exteriors/ Façade Lighting Parking Lots and Garages Others |
|
By End User Sector |
Commercial Residential Industrial Healthcare Hospitality |
|
By Type of Sales |
Project Retail |
Products
Products
Key Target Audience
- Government Bodies and Regulatory Authority
- Fintech Companies
- Investors and Financiers
- Venture Capitalist
- New Market Entrants
- Banks and its Subsidiaries
- NBFCs
- OEM Dealerships
- LED Light Manufacturers
- LED Light Sellers
Time Period Captured in the Report
- Historical Period: 2017-2022P
- Base Year: 2022P
- Forecast Period: 2022P-2027F
Companies
- LED EXPO Australia
- Ledtec
- MyEnergy Group
- Dongguan City Tianhua Photoelectric Technology Co Ltd
- Jiangsu ChuangXu Optoelectronics Technology Co., Ltd.
- Shenzhen Guangshezhaoming Technology Co., Ltd
- Ningbo ALVA Electric Appliance Co., Ltd.
- Zhejiang Danse Electronic Technology Co., Ltd.
Table of Contents
Table of Contents
1. Executive Summary
2. Country Overview of the Australia
3. Overview and Genesis of LED Lighting Market in Australia
3.1 Ecosystem of Australia LED Lighting Market
3.2 Business Cycle of Australia LED Lighting Market
3.3 Timeline of Major Players of Australia LED Lighting Market
3.4 Value Chain Analysis of Australia LED Lighting Market
3.5 Australia LED Lighting Market Sizing, 2017- 2022P
4. Market Segmentations of LED Lighting Market in Australia, 2017-2022P
4.1 Australia LED Lighting Market Segmentation by Type of LEDs
4.2 Australia LED Lighting Market Segmentation by Usage of LEDs
4.3 Australia LED Lighting Market Segmentation by End User Sector
4.4 Australia LED Lighting Market Segmentation by Type of Sales
5. Snapshots on different LED Lighting Markets in Australia
6. Industrial Analysis of LED Lighting Market in Australia
6.1 SWOT Analysis of Australia LED Lighting Market
6.2 Growth Drivers of Australia LED Lighting Market
6.3 Government regulations of Australia LED Lighting Market
6.4 Trends and Developments of Australia LED Lighting Market
6.5 Challenges of Australia LED Lighting Market
7. End User Analysis of LED Lighting Market in Australia
7.1 Demographic Profile: LED Lighting Users in Australia
7.2 Factors Influencing Brand Popularity
8. Competitive Analysis of LED Lighting Market in Australia
8.1 Market Share of Major Players in Australia LED Lighting Market, 2022P
8.2 Cross Comparison of Major Players in Australia LED Lighting Market
9. Future Outlook and Projections of LED Lighting Market in Australia, 2022P-2027F
9.1 Future Market Sizing Analysis of Australia LED Lighting Market, 2022P-2027F
9.2 Future Outlook of Australia LED Lighting Market Segmentation by Type of LEDs
9.3 Future Outlook of Australia LED Lighting Market Segmentation by Usage of LEDs
9.4 Future Outlook of Australia LED Lighting Market Segmentation by End User Sector
9.5 Future Outlook of Australia LED Lighting Market Segmentation by Type of Sales
10. Analyst Recommendations
11. Research Methodology
Disclaimer
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Research Methodology
Research Methodology
Step 1: Identifying Key Variables:
Our team will initially create an ecosystem for all the entities in the LED Lighting Market that are providing LED lights in Australia Market.
Step 2: Market Building:
In the next step, we will refer to multiple secondary and proprietary databases to perform deck research around the market and collate industry-level information to create an initial level hypothesis. We will also explore company-level info by referring press releases, annual reports, financial statements, and other documents to understand basic information about the companies and market level.
Step 3: Validating and Finalizing:
Later our team will conduct a series of Interviews with multiple C-Level Executive and other stakeholders belonging to different companies to confirm the market hypothesis, validate statistics and seek operational and financial information from company representatives.
Step 4: Research Output:
Furthermore, to validate this data our team will pitch each company as a potential customer through a mystery shopping exercise and will confirm the operational and financial performance of Australia LED Lighting Market Entities which have been shared by company executives and available on secondary databases. We will be conducting another set of CATIs with the respective entities to understand customer behaviour, channel preference, and other factors. We will also assess customer analysis in terms of their preferences and pain points.
Frequently Asked Questions
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The Australia LED Lighting Market is covered from 2017–2027 in this report. including a forecast for 2022P-2027F.
02 What are the Key Factors Driving the Australia LED Lighting Market?
Growing consumer awareness about the environment, the durability of LED lights and the government initiatives for energy efficiency drive.
03 Which is the forecast period of this Market report?
The forecast period for the Australia LED Lighting Market is 2022P-2027F.
04 Who are the Key Players in the Australia LED Lighting Market?
LED EXPO Australia, Ledtec, MyEnergy Group and Dongguan City Tianhua Photoelectric Technology Co Ltd are some key players in the Australia LED Lighting Market.
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