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Report

Japan LED Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Report I 2023-10-15 I 117 Pages I IMARC Group

Market Overview:

The Japan LED market size reached US$ 5.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.64% during 2023-2028.

Japan started promoting its semiconductor lighting technology as early as 1998 with its "21st Century Lighting Project," and is regarded as one of the earliest nations to initiate LED industry policies. Although till 2010, the Japanese government remained unsuccessful in promoting LED lighting as standard-setting was delayed. But the industry gained momentum after the March 2011 earthquake in Fukushima, when all the nuclear power plants running in the country were closed and resulted in a huge power supply gap. To resolve the problem of power shortages, the Japanese government phased-out incandescent light bulbs and started focusing on the implementation of energy efficient LED lighting systems. Japan today has one of the highest penetration rates for LED's. The LED market in Japan is fairly concentrated with Nichia Corporation representing the biggest player in the country.

This report provides a deep insight into the Japan 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 Japan LED market in any manner.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan LED market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on product type, application and installation type.

Breakup by Product Type:

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

Key Questions Answered in This Report:
How has the Japan LED market performed so far and how will it perform in the coming years?
What are the key regional markets in the Japan LED industry?
What has been the impact of COVID-19 on the Japan LED industry?
What is the breakup of the Japan LED market on the basis of product type?
What is the breakup of the Japan LED market on the basis of application?
What is the breakup of the Japan LED market on the basis of installation type?
What are the various stages in the value chain of the Japan LED industry?
What are the key driving factors and challenges in the Japan LED industry?
What is the structure of the Japan LED industry and who are the key players?
What is the degree of competition in the Japan LED industry?
What are the profit margins in the Japan LED industry?

1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Japan Lighting Industry
5.1Market Overview
5.2Market Performance
5.3Market Breakup by Application
5.4Market Breakup by Technology
5.5Market Forecast
6 Why is the LED Market so Lucrative in Japan
7 Japan LED Industry
7.1Market Overview
7.2Market Performance
7.3Impact of COVID-19
7.4Market Breakup by Product Type
7.5Market Breakup by Application
7.6Market Breakup by Installation Type
7.7Market Breakup by Indoor and Outdoor Applications
7.8Market Breakup by Region
7.9Market Forecast
7.10SWOT Analysis
7.10.1Overview
7.10.2Strengths
7.10.3Weaknesses
7.10.4Opportunities
7.10.5Threats
7.11Value Chain Analysis
7.12Porters Five Forces Analysis
7.12.1Overview
7.12.2Bargaining Power of Buyers
7.12.3Bargaining Power of Suppliers
7.12.4Degree of Competition
7.12.5Threat of New Entrants
7.12.6Threat of Substitutes
7.13PESTEL Analysis
7.13.1Political
7.13.2Economic
7.13.3Social
7.13.4Legal
7.13.5Environmental
7.13.6Technological
7.14Price Analysis
7.14.1Price Indicators
7.14.2Price Structure
7.14.3Margin Analysis
7.15Key Market Drivers and Success Factors
8 Japan LED Industry: Breakup by Product Type
8.1Panel Lights
8.1.1Market Trends
8.1.2Market Forecast
8.2Down Lights
8.2.1Market Trends
8.2.2Market Forecast
8.3Street Lights
8.3.1Market Trends
8.3.2Market Forecast
8.4Tube Lights
8.4.1Market Trends
8.4.2Market Forecast
8.5Bulbs
8.5.1Market Trends
8.5.2Market Forecast
8.6Others
8.6.1Market Trends
8.6.2Market Forecast
9 Japan LED Industry: Breakup by Application
9.1Commercial
9.1.1Market Trends
9.1.2Market Forecast
9.2Residential
9.2.1Market Trends
9.2.2Market Forecast
9.3Institutional
9.3.1Market Trends
9.3.2Market Forecast
9.4Industrial
9.4.1Market Trends
9.4.2Market Forecast
10 Japan LED Industry: Breakup by Installation Type
10.1New Installation
10.1.1Market Trends
10.1.2Market Forecast
10.2Retrofit Installation
10.2.1Market Trends
10.2.2Market Forecast
11 Government Regulations
12 Strategic Recommendations
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players

Figure 1: Japan: Lighting Market: Major Drivers and Challenges
Figure 2: Japan: LED Market: Major Drivers and Challenges
Figure 3: Japan: Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 4: Japan: LED Market: Sales Value (in Billion US$), 2017-2022
Figure 5: Japan: Lighting Market: Breakup by Technology (in %), 2022
Figure 6: Japan: Lighting Market: Breakup by Application (in %), 2022
Figure 7: Japan: LED Market: Breakup by Product Type (in %), 2022
Figure 8: Japan: LED Market: Breakup by Application (in %), 2022
Figure 9: Japan: LED Market: Breakup by Installation Type (in %), 2022
Figure 10: Japan: LED Market: Breakup by Indoor and Outdoor Applications (in %), 2022
Figure 11: Japan: LED Market: Breakup by Region (in %), 2022
Figure 12: Japan: Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 13: Japan: LED Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 14: Japan: LED Industry: SWOT Analysis
Figure 15: Japan: LED Industry: Value Chain Analysis
Figure 16: Japan: LED Industry: Porter's Five Forces Analysis
Figure 17: Japan: LED Industry: PESTEL Analysis
Figure 18: Japan: LED (Panel Lights) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Japan: LED (Panel Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Japan: LED (Down Lights) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Japan: LED (Down Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Japan: LED (Street Lights) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Japan: LED (Street Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Japan: LED (Tube Lights) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Japan: LED (Tube Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Japan: LED (Bulbs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Japan: LED (Bulbs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Japan: LED (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Japan: LED (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Japan: LED (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Japan: LED (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Japan: LED (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Japan: LED (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Japan: LED (Institutional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Japan: LED (Institutional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: LED (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: LED (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Japan: LED (New Installation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Japan: LED (New Installation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: LED (Retrofit Installation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: LED (Retrofit Installation) Market Forecast: Sales Value (in Million US$), 2023-2028

Table 1: Japan: Lighting Market: Key Industry Highlights, 2022 and 2028
Table 2: Japan: LED Market: Key Industry Highlights, 2022 and 2028
Table 3: Japan: Lighting Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Japan: Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Japan: LED Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 6: Japan: LED Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 7: Japan: LED Market Forecast: Breakup by Installation Type (in Million US$), 2023-2028
Table 8: Japan: LED Market Structure
Table 9: Japan: LED Market: Key Players

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