PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Ken Research (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Increasing Demand for Energy Saving Lighting Products to Drive South Korea LED Lighting Market Reports Ken Research - The report will help industry consultants, LED and LED lighting product manufacturers to align their market centric strategies according to ongoing and expected trends in the future
Increasing Demand for Energy Saving Lighting Products to Drive South Korea LED Lighting Market Reports Ken Research

 

NewswireToday - /newswire/ - Pitampura, New Delhi, India, 2014/06/23 - The report will help industry consultants, LED and LED lighting product manufacturers to align their market centric strategies according to ongoing and expected trends in the future.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The South Korea LED lighting market has continued to evolve in recent years through increasing awareness among people about using energy saving LED lighting products. Various government regulations and initiatives have also led to rising sales of LED lighting products such as LED bulbs, LED tubes and others in the country. The increasing number of branded players in the LED lighting market has led to increased competition in the domestic market leading to price wars and need for reducing cost of manufacturing of LED components. Economic reforms in the country are still underway along with legal, tax and regulatory developments with the market requirements. The future potential of economy of South Korea is largely subject to such reforms and can alter the efficiency of the government’s economic, financial and monetary policy.

Backlighting for TVs and monitors is the dominating segment in terms of total revenue contribution in 2013. The segment contributed more than 32% of the total LED lighting market revenue in the country in the year 2013. The second largest contributor in terms of total revenue is the general lighting segment. LED lighting market segmentation by end user is dominated by commercial and industrial sector contributing more than 30% of the total revenue of the LED lighting market in 2013.

With increasing residential projects in the country the demand for LED lighting products for general lighting for household purpose would increase, taking over the architectural lighting segment in the year 2018. Government initiatives to replace the traditional lighting products such as incandescent bulbs used for street lighting with LED bulbs and tubes would spur the demand for LED lighting products in the country.

“It is expected that the entry of international branded players in South Korea will increase competition in the LED lighting market in the near term. The commercial and industrial end user segment would continue to dominate the market for LED lighting in South Korea in the future.” according to the Research Analyst, Ken Research.

The report titled “South Korea LED lighting Market Outlook to 2018 - Backlighting Units to Drive LED Growth” provides detailed overview on the South Korea LED lighting market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, LED and LED lighting product manufacturers to align their market centric strategies according to ongoing and expected trends in the future.

Key Topics Covered in the report:

• Market Size of South Korea LED Lighting Market by Value, 2008-2013
• Value Chain of South Korea LED Lighting Market
• Market Segmentation of South Korea LED Lighting Market (by Applications, End Users, Market Structure and Distribution Channels), 2008-2018
• Trends and Developments in South Korea LED Lighting Market
• Company Profiles of Major Players in South Korea LED Lighting Market
• Future Outlook and Projections in South Korea LED Lighting Market, 2014-2018.
• Market Share of Major Players in South Korea packaged LED Industry, 2013
• Key Factors Influencing the Success of Companies in LED Lighting Market.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Ken Research (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Increasing Demand for Energy Saving Lighting Products to Drive South Korea LED Lighting Market Reports Ken Research

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: KenResearch.com 
+91 90 15378249 ankur[.]kenresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ken Research (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Ken Research (P) Ltd / Company Profile


Read Energy Most Recent Related Newswires:

Enel Awarded 339 MW of Solar Capacity in Spanish Renewables Tender
Invenergy and GE Renewable Energy Announce America’s Largest Wind Farm
Enel Starts Operations of Cristalândia Wind Farm in Brazil
PJB Spearheads Digital Energy for Indonesia with Deployment of GE Digital Power Plant Software
GE and Maersk Drilling Accelerate their Digital Partnership to Drive Industry Transformation
GE to Provide Digitally-enabled HA Power Plant and Services for Mexico's Tierra Mojada Project
Cisco and Enel Sign Agreement on Digitisation and Innovative Services
Enel and Seedstars Sign Cooperation Agreement to Identify Innovative Energy Access Startups in Africa
ENGIE Launches its First Ephemeral Campus
Enel Signs Agreement with US Company Amber Kinetics on Innovative Flywheel Storage System
Alternative Fuels, Carrefour and ENGIE are Joining Forces to Develop Biomethane in France
GE Renewable Energy and Fortum Sverige AB Sign Digital Hydro Pilot Agreement
GE Renewable Energy Announces Agreement to Provide Cube Hydro with Aerating Turbines
GE Oil & Gas and Eni East Africa Sign Long-term Partnership to Develop Gas Resources Offshore of Mozambique
RWE Turns to GE to Improve Flexibility and Performance

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)