Product Code: ETC005544 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Colombia Outdoor Led Lighting market currently, in 2023, has witnessed an HHI of 3285, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The outdoor LED lighting market in Colombia is projected to witness a CAGR of 11.2% during the forecast period 2020-2026. The growth can be attributed to increasing investments for smart infrastructure projects, such as connected cities and smart grid networks, among others. Additionally, growing disposable income has led to rising adoption of energy-efficient products such as LED lighting for home applications. Furthermore, favorable government initiatives towards the development of infrastructure are expected to drive the demand for outdoor LED lights in coming years.
Moreover, rise in awareness about environmental protection has encouraged major players operating in this domain to launch various products that help improve energy efficiency and reduce costs associated with electricity bills due to their low power consumption nature. This factor is likely to fuel the product penetration across both domestic and commercial spaces over the forecast timespan (2020 - 2026). Also, technological advancements with respect to durability and design have further boosted the sales figures of these products throughout Colombia region thereby contributing significantly towards overall market growth
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Outdoor LED Lighting Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Outdoor LED Lighting Market Revenues & Volume, 2019 & 2026F |
3.3 Colombia Outdoor LED Lighting Market - Industry Life Cycle |
3.4 Colombia Outdoor LED Lighting Market - Porter's Five Forces |
3.5 Colombia Outdoor LED Lighting Market Revenues & Volume Share, By Installation Type, 2019 & 2026F |
3.6 Colombia Outdoor LED Lighting Market Revenues & Volume Share, By Wattage Type, 2019 & 2026F |
4 Colombia Outdoor LED Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Outdoor LED Lighting Market Trends |
6 Colombia Outdoor LED Lighting Market, By Types |
6.1 Colombia Outdoor LED Lighting Market, By Installation Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Outdoor LED Lighting Market Revenues & Volume, By Installation Type, 2016 - 2026F |
6.1.3 Colombia Outdoor LED Lighting Market Revenues & Volume, By New, 2016 - 2026F |
6.1.4 Colombia Outdoor LED Lighting Market Revenues & Volume, By Retrofit, 2016 - 2026F |
6.2 Colombia Outdoor LED Lighting Market, By Wattage Type |
6.2.1 Overview and Analysis |
6.2.2 Colombia Outdoor LED Lighting Market Revenues & Volume, By Less than 50W, 2016 - 2026F |
6.2.3 Colombia Outdoor LED Lighting Market Revenues & Volume, By 50W to 100W, 2016 - 2026F |
6.2.4 Colombia Outdoor LED Lighting Market Revenues & Volume, By More than 100W, 2016 - 2026F |
7 Colombia Outdoor LED Lighting Market Import-Export Trade Statistics |
7.1 Colombia Outdoor LED Lighting Market Export to Major Countries |
7.2 Colombia Outdoor LED Lighting Market Imports from Major Countries |
8 Colombia Outdoor LED Lighting Market Key Performance Indicators |
9 Colombia Outdoor LED Lighting Market - Opportunity Assessment |
9.1 Colombia Outdoor LED Lighting Market Opportunity Assessment, By Installation Type, 2019 & 2026F |
9.2 Colombia Outdoor LED Lighting Market Opportunity Assessment, By Wattage Type, 2019 & 2026F |
10 Colombia Outdoor LED Lighting Market - Competitive Landscape |
10.1 Colombia Outdoor LED Lighting Market Revenue Share, By Companies, 2019 |
10.2 Colombia Outdoor LED Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |