Turkey Light Emitting Diodes (LEDs) Market - Drivers, Opportunities, Trends, & Forecasts: 2015-2022
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Turkey Light Emitting Diodes (LEDs) Market-Drivers, Opportunities, Trends, & Forecasts: 2015-2022
Turkey's decision to develop LED product expertise and replace lighting with LED lighting in order to reduce the energy requirements has resulted in the big boost for Turkey's LED lighting market. With governmental coordination and increased availability of LED chips, the other LED product markets have also started growing at a high pace in the country. Owing to the government investments in outdoor lighting replacement, LEDs' lighting penetration in the country is expected to increase exponentially during the forecast period replacing the traditional halogen and incandescent lamps even in rural areas. The ban of halogen lamps in Europe has provided another opportunity for Turkish lighting product manufacturers to manufacture and export LED lighting products to the European countries. Some of the manufacturers in Turkey such as At?l Ayd?nlatma have even started exporting LED lighting products to the European countries.
The LEDs market in Turkey is expected to grow at a CAGR of 15.6% during the forecast period 2016-2022 to reach USD 344.0 million by 2022. The LEDs market is analyzed based major application areas-lighting, displays & backlights, mobile devices, signs & boards, and others. The application area of lighting has further been divided into sub-segments such as indoor lighting and outdoor lighting along with bifurcation into the products of bulbs, street lights and spotlights. LED signs & boards segment is expected to grow with the highest growth rate among application areas for LEDs in the Turkish market.
The study covers and analyzes the Turkey LEDs market. Bringing out the complete key insights of the industry. the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
Table Of Content
Sl.No Description Slide No.
1 Introduction 3
1.1 Research Methodology 5
1.2 Market Definition & Coverage 6
1.2.1 Market Definition 6
1.2.2 Major Application Areas 7
1.2.3 Major Application Areas-Sub Segments 8
2 Executive Summary 9
3 Market Overview 11
3.1 Country Trends 12
3.2 PESTLE Analysis 14
3.3 Market Drivers 15
3.4 Market Challenges & Inhibitors 16
4 Turkey LED Market Analysis 17
4.1 Momentum Analysis By Applications 18
4.2 Turkey LED Market Revenues, By Applications 19
4.3 Turkey LED Market Volume, By Applications 20
4.4 Turkey LED Market Volume, By Applications (Year-on-Year) 21
4.5 Turkey LED Market Revenues from Mobile Devices, By Sub-segments 22
4.6 Turkey LED Market Revenues from Displays, By Sub-segments 23
4.7 Turkey LED Market Revenues from Lighting, By Sub-segments 24
4.8 Turkey LED Market Revenues from Signs & Boards, By Sub-segments 25
4.9 Turkey LED Market Revenues from Other Applications 26
5 Turkey LED Market Supply Analysis, by Key Players 27
6 Supplier Profiles 29
6.1 OSRAM 30
6.2 METSAN LIGHTING 32
6.3 PHILIPS 34
6.4 General Electric 36
6.5 At?l Ayd?nlatma 38
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