South Korea LED Lighting Market (2025-2031) | Industry, Outlook, Value, Forecast, Revenue, Growth, Size, Trends, Analysis, Companies & Share

South Korea LED Lighting Market Growth Rate

According to 6Wresearch internal database and industry insights, the South Korea LED Lighting Market is projected to grow at a compound annual growth rate (CAGR) of 10.9% during the forecast period (2025–2031).

Five-Year Growth Trajectory of the South Korea LED Lighting Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Topics Covered in the South Korea LED Lighting Market Report

The South Korea LED Lighting Market report thoroughly covers the market by installation, product type, sales channels, and applications. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to current and future market dynamics.

South Korea LED Lighting Market Highlights

South Korea LED Lighting Market Synopsis

South Korea LED Lighting Market is anticipated to get robust growth due to increasing urban modernization, broader smart-home adoption, and active government initiatives encouraging energy-efficient lighting. LED lamps and luminaires are now broadly utilised across residential complexes, commercial buildings, industrial plants, transportation hubs, and public infrastructure. Additionally, the country's shift towards smart lighting in public spaces and the rising need for human-centric indoor lighting are bolstering the South Korea LED Lighting Market Growth.

Evaluation of Growth Drivers in the South Korea LED Lighting Market

Below mentioned are some prominent drivers and their influence to the market dynamics:

The South Korea LED Lighting Market size is projected to grow at the CAGR of 10.9% during the forecast period of 2025–2031. The LED Lighting Market in South Korea is driven by increasing electricity costs, rising focus on sustainability, and rapid expansion of commercial buildings and high-tech facilities. Residential consumers are widely adopting app-controlled LED lights, while large enterprises invest in energy-efficient luminaires to reduce operational costs. Infrastructure modernization projects further support market growth.

Evaluation of Restraints in the South Korea LED Lighting Market

Below mentioned are some major restraints and their influence to the market dynamics:

South Korea LED Lighting Market Challenges

The South Korea LED Lighting Industry goes through challenges such as high initial investment in smart-lighting infrastructure, wiring constraints during retrofit projects in older buildings, and rising competition from low-priced LED imports. Additionally, the lack of skilled installers for complex automation-based lighting systems creates deployment delays, particularly in commercial and institutional facilities. Increasing concerns over product quality inconsistencies in unregulated LED imports further add to the industry’s complexity.

South Korea LED Lighting Market Trends

Several prominent trends reshaping South Korea LED Lighting Market Growth include:

• Human-Centric Lighting: Rising inclination for adjustable color temperature lighting in offices and homes.
• IoT-Enabled LED Fixtures: Rising adoption of connected luminaires for remote monitoring and energy optimization.
• Solar-LED Public Lighting: Growing adoption of solar-powered LED streetlights in rural and suburban areas.
• Decorative Smart Lighting: Increasing utilisation of aesthetic smart LED solutions in retail, hospitality, and luxury homes.
• Mini-LED and Micro-LED Technology: Development in high-efficiency LED chips for premium indoor displays and lighting.

Investment Opportunities in the South Korea LED Lighting Industry

Some prominent investment opportunities in the market include:

• Public Infrastructure LED Contracts – LED streetlights and tunnel lighting for government modernization projects.
• Wireless LED Control Systems – Manufacturing wireless lighting modules for retrofit installations.
• Architectural LED Solutions – Giving high-end luminaires for hospitality, malls, and corporate interiors.
• LED Retrofit Solutions – Catering cost-effective retrofitting packages for commercial buildings and industrial facilities.

Top 5 Leading Players in the South Korea LED Lighting Market

Some leading players operating in the market include:

1. Samsung Electronics

Samsung Electronics provides high-quality LED lighting components and smart lighting solutions widely used across residential, commercial, and industrial applications.

2. LG Innotek

LG Innotek offers advanced LED modules, luminaires, and lighting components catering to automotive lighting, smart systems, and indoor applications.

3. Seoul Semiconductor

Seoul Semiconductor is a global LED manufacturer producing high-performance LED chips and packages utilized in lighting systems across multiple sectors.

4. Philips (Signify)

Philips provides a wide range of LED lamps and luminaires, including smart lighting products suitable for South Korea’s residential, public, and commercial installations.

5. Osram Licht AG

Osram delivers energy-efficient LED lighting solutions extensively used across industrial, commercial, and public infrastructure sectors.

Government Regulations Introduced in the South Korea LED Lighting Market

According to South Korean government data, numerous initiatives have been introduced to improve energy efficiency and decrease national carbon emissions. For instance, the Korean Energy Agency established the High-Efficiency Appliance Certification Programme encouraging LED adoption. The government has also implemented the Green Building Rating System, which mandates LED lighting for new eco-friendly buildings. Additionally, the Ministry of Land, Infrastructure, and Transport has upgraded road networks with LED streetlights to slow down energy consumption.

Future Insights of the South Korea LED Lighting Market

The South Korea LED Lighting Market is projected to grow steadily owing to rising demand for smart-home lighting systems, ongoing expansion of commercial buildings, and strong regulatory support for replacing outdated lighting systems. Rising transition toward digital building automation, human-centric lighting trends, and integration of intelligent luminaires in public spaces are predicted to bolster future market growth. Further, developments in LED chip efficiency and decreasing component prices are anticipated to enhance adoption across both new and retrofit installations.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

New Installations to Dominate the Market – By Installation

According to Parth, Senior Research Analyst at 6Wresearch, the New Installations category dominates the market due to quick construction of commercial and residential high-rise buildings, redevelopment of urban spaces, and integration of LED lighting in design-stage architecture.

Luminaires to Dominate the Market – By Product Type

The Luminaires category holds the largest South Korea LED Lighting Market Share due to rising need for ceiling-mounted LED fixtures, panel lights, architectural luminaires, and integrated smart lighting systems across indoor spaces. Their durability, energy efficiency, and automation compatibility strengthen their adoption.

Retail/Wholesale to Dominate the Market – By Sales Channel

The Retail/Wholesale segment dominates the market as lighting distributors, electrical suppliers, and retail outlets give a broad variety of LED products offering to residential and commercial buyers. Robust presence of specialty lighting stores further supports this channel’s growth.

Indoor to Dominate the Market – By Application

The Indoor segment leads due to heavy LED usage in residential apartments, commercial offices, retail stores, educational institutions, and hospitality spaces. Indoor environments need high-quality lighting for visual comfort, productivity, and ambience enhancement, making LEDs the preferred choice.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Korea LED Lighting Market Outlook
• Market Size of South Korea LED Lighting Market, 2024
• Forecast of South Korea LED Lighting Market, 2031
• Historical Data and Forecast of South Korea LED Lighting Revenues & Volume for the Period 2021 - 2031
• South Korea LED Lighting Market Trend Evolution
• South Korea LED Lighting Market Drivers and Challenges
• South Korea LED Lighting Price Trends
• South Korea LED Lighting Porter's Five Forces
• South Korea LED Lighting Industry Life Cycle
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Installation for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By New for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Retrofit for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Product Type for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Lamps for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Luminaires for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Sales Channel for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Retail/Wholesale for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Direct Sales for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By E-Commerce for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Application for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Indoor for the Period 2021 - 2031
• Historical Data and Forecast of South Korea LED Lighting Market Revenues & Volume By Outdoor for the Period 2021 - 2031
• South Korea LED Lighting Import Export Trade Statistics
• Market Opportunity Assessment By Installation
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Sales Channel
• Market Opportunity Assessment By Application
• South Korea LED Lighting Top Companies Market Share
• South Korea LED Lighting Competitive Benchmarking By Technical and Operational Parameters
• South Korea LED Lighting Company Profiles
• South Korea LED Lighting Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Installation

• New
• Retrofit

By Product Type

• Lamps
• Luminaires

By Sales Channel

• Retail/Wholesale
• Direct Sales
• E-Commerce

By Application

• Indoor
• Outdoor