| Product Code: ETC005503 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
South Korea's professional lighting market is expected to grow at a CAGR of 5.09% during the forecast period (2020-2026). The growth in this market is driven by increasing demand for energy-efficient lighting solutions, rising adoption of smart lighting systems, and growing awareness about the need for green buildings & infrastructure. In addition, the surge in urbanization coupled with growing investments from both domestic and international investors are likely to support the growth of South Koreas professional lighting industry in the coming years.
On account of its high efficacy as well as cost savings potential, LED technology has emerged as one of the most preferred choice among customers across all industries. Furthermore, advancement in technologies such as connected devices and IoT platforms have increased their usage significantly over traditional lights. Moreover, governments across countries including South Korea are making significant efforts towards promoting sustainable development through green initiatives such as subsidies on LED bulbs which further reduces price gap between LEDs and other conventional sources resulting into greater acceptance amongst customers. As a result, these factors are anticipated to boost sales volume for professional lightings over 2020-2026 time frame thus augmenting overall growth rate of South Korean market during same period.
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 Professional Lighting Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Professional Lighting Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Professional Lighting Market - Industry Life Cycle |
3.4 South Korea Professional Lighting Market - Porter's Five Forces |
3.5 South Korea Professional Lighting Market Revenues & Volume Share, By Light Source, 2019 & 2026F |
3.6 South Korea Professional Lighting Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 South Korea Professional Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Professional Lighting Market Trends |
6 South Korea Professional Lighting Market, By Types |
6.1 South Korea Professional Lighting Market, By Light Source |
6.1.1 Overview and Analysis |
6.1.2 South Korea Professional Lighting Market Revenues & Volume, By Light Source, 2016 - 2026F |
6.1.3 South Korea Professional Lighting Market Revenues & Volume, By LEDs, 2016 - 2026F |
6.1.4 South Korea Professional Lighting Market Revenues & Volume, By Others (halogen lamps, xenon bulbs, incandescent lamps) , 2016 - 2026F |
6.2 South Korea Professional Lighting Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Korea Professional Lighting Market Revenues & Volume, By Entertainment, 2016 - 2026F |
6.2.3 South Korea Professional Lighting Market Revenues & Volume, By Stage lighting, 2016 - 2026F |
6.2.4 South Korea Professional Lighting Market Revenues & Volume, By Medical, 2016 - 2026F |
6.2.5 South Korea Professional Lighting Market Revenues & Volume, By UV Lamps, 2016 - 2026F |
6.2.6 South Korea Professional Lighting Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Professional Lighting Market Import-Export Trade Statistics |
7.1 South Korea Professional Lighting Market Export to Major Countries |
7.2 South Korea Professional Lighting Market Imports from Major Countries |
8 South Korea Professional Lighting Market Key Performance Indicators |
9 South Korea Professional Lighting Market - Opportunity Assessment |
9.1 South Korea Professional Lighting Market Opportunity Assessment, By Light Source, 2019 & 2026F |
9.2 South Korea Professional Lighting Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 South Korea Professional Lighting Market - Competitive Landscape |
10.1 South Korea Professional Lighting Market Revenue Share, By Companies, 2019 |
10.2 South Korea Professional Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here