Product Code: ETC258743 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Bulb market currently, in 2023, has witnessed an HHI of 3898, Which has decreased substantially as compared to the HHI of 7555 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 Bulb Market in South Korea includes the production and distribution of various types of light bulbs, including LED, fluorescent, and incandescent bulbs, catering to residential, commercial, and industrial lighting needs.
The South Korean bulb market is expanding with advancements in lighting technologies and consumer preferences for energy-efficient lighting solutions. LED bulbs dominate the market due to their energy savings, long lifespan, and environmental benefits, driving the transition towards sustainable lighting solutions.
Transitioning from traditional incandescent bulbs to energy-efficient LEDs faces consumer education barriers and initial cost concerns.
Government policies in South Korea promote energy conservation, environmental sustainability, and consumer safety in the bulb market through regulatory frameworks, energy efficiency standards, and lighting technology incentives. Policies aim to phase out inefficient incandescent bulbs, promote LED lighting adoption, and reduce electricity consumption in residential, commercial, and industrial sectors. Regulatory frameworks support product labeling, quality assurance, and market surveillance to ensure compliance with energy efficiency regulations and enhance market competitiveness in energy-efficient lighting solutions.
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 South Korea Bulb Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Bulb Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Bulb Market - Industry Life Cycle |
3.4 South Korea Bulb Market - Porter's Five Forces |
3.5 South Korea Bulb Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 South Korea Bulb Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 South Korea Bulb Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of energy-efficient lighting solutions in South Korea |
4.2.2 Government initiatives promoting the use of eco-friendly bulbs and energy conservation |
4.2.3 Technological advancements in the lighting industry leading to the development of innovative bulb products |
4.3 Market Restraints |
4.3.1 Competition from alternative lighting solutions such as LED lights and smart lighting systems |
4.3.2 Volatility in raw material prices affecting production costs for bulb manufacturers |
4.3.3 Regulatory challenges and compliance requirements impacting market entry and growth |
5 South Korea Bulb Market Trends |
6 South Korea Bulb Market, By Types |
6.1 South Korea Bulb Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Bulb Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 South Korea Bulb Market Revenues & Volume, By Incandescent Bulbs, 2018 - 2028F |
6.1.4 South Korea Bulb Market Revenues & Volume, By Fluorescent Bulbs, 2018 - 2028F |
6.1.5 South Korea Bulb Market Revenues & Volume, By CFLs, 2018 - 2028F |
6.1.6 South Korea Bulb Market Revenues & Volume, By Halogens, 2018 - 2028F |
6.1.7 South Korea Bulb Market Revenues & Volume, By LEDs, 2018 - 2028F |
6.2 South Korea Bulb Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Bulb Market Revenues & Volume, By Lamps & Light Bulbs, 2018 - 2028F |
6.2.3 South Korea Bulb Market Revenues & Volume, By Operation Theatre (OT Instruments), 2018 - 2028F |
6.2.4 South Korea Bulb Market Revenues & Volume, By Torchlights and Flashlights, 2018 - 2028F |
6.2.5 South Korea Bulb Market Revenues & Volume, By Automobile Headlights, 2018 - 2028F |
6.2.6 South Korea Bulb Market Revenues & Volume, By Mining Headgears, 2018 - 2028F |
6.2.7 South Korea Bulb Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Bulb Market Import-Export Trade Statistics |
7.1 South Korea Bulb Market Export to Major Countries |
7.2 South Korea Bulb Market Imports from Major Countries |
8 South Korea Bulb Market Key Performance Indicators |
8.1 Average energy savings per household from using energy-efficient bulbs |
8.2 Number of government subsidies or incentives provided for purchasing eco-friendly bulbs |
8.3 Adoption rate of smart lighting technologies in residential and commercial sectors |
9 South Korea Bulb Market - Opportunity Assessment |
9.1 South Korea Bulb Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 South Korea Bulb Market Opportunity Assessment, By Application, 2021 & 2028F |
10 South Korea Bulb Market - Competitive Landscape |
10.1 South Korea Bulb Market Revenue Share, By Companies, 2021 |
10.2 South Korea Bulb Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |