Product Code: ETC258745 | 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 | |
The Thailand Bulb Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.07% in 2025 and reaches 0.26% by 2029.
Thailand's Bulb market is anticipated to experience a stable growth rate of 0.10% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand Bulb Market is experiencing steady growth, driven by the increasing demand for energy-efficient lighting solutions. LED bulbs are gaining popularity in the market due to their energy-saving benefits and long lifespan. The government`s initiatives to promote energy-efficient lighting options are also contributing to the growth of this market.
The Thailand Bulb market is primarily driven by the growing demand for energy-efficient lighting solutions. As consumers and businesses become more environmentally conscious, there is a shift towards LED and CFL bulbs, which consume less energy and have a longer lifespan. Government incentives and regulations promoting energy-efficient lighting have also played a significant role in driving this market.
The Thailand Bulb market encounters several challenges, including the growing popularity of energy-efficient LED bulbs, which are gradually replacing traditional incandescent and fluorescent bulbs. This transition can be financially burdensome for manufacturers who need to retool their production lines and invest in LED technology. Additionally, there is a need for constant innovation in terms of bulb design and features to cater to changing consumer preferences. Quality control and adherence to safety standards are also vital challenges, as subpar bulbs can pose safety hazards and tarnish a company`s reputation. Lastly, the market needs to address environmental concerns by promoting the responsible disposal and recycling of old bulbs, which may contain hazardous materials.
The Thailand Bulb Market experienced fluctuations during the COVID-19 pandemic. As consumers spent more time at home, there was increased demand for lighting products for various purposes, including remote work and entertainment. This drove sales of bulbs. However, supply chain disruptions impacted the availability of some bulb types, causing fluctuations in prices. Additionally, economic uncertainties led to cautious spending patterns among consumers. As the pandemic progressed, there was a growing awareness of energy efficiency and sustainability, leading to increased interest in LED bulbs. The market is expected to recover and continue its shift toward energy-efficient and eco-friendly lighting solutions in the post-pandemic era.
Prominent companies in the Thailand Bulb Market include Osram GmbH, Philips Lighting, and General Electric. These companies are renowned for their innovative lighting solutions and energy-efficient bulbs.
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 Thailand Bulb Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Bulb Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Bulb Market - Industry Life Cycle |
3.4 Thailand Bulb Market - Porter's Five Forces |
3.5 Thailand Bulb Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Bulb Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Bulb Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions |
4.2.2 Growing awareness about the benefits of LED bulbs in terms of energy savings and environmental impact |
4.2.3 Government initiatives promoting the use of energy-efficient lighting technologies |
4.3 Market Restraints |
4.3.1 High initial cost of LED bulbs compared to traditional incandescent bulbs |
4.3.2 Limited consumer awareness and education about the different types and benefits of bulbs |
4.3.3 Availability of counterfeit or substandard bulbs in the market affecting consumer trust and adoption |
5 Thailand Bulb Market Trends |
6 Thailand Bulb Market, By Types |
6.1 Thailand Bulb Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Bulb Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Bulb Market Revenues & Volume, By Incandescent Bulbs, 2021-2031F |
6.1.4 Thailand Bulb Market Revenues & Volume, By Fluorescent Bulbs, 2021-2031F |
6.1.5 Thailand Bulb Market Revenues & Volume, By CFLs, 2021-2031F |
6.1.6 Thailand Bulb Market Revenues & Volume, By Halogens, 2021-2031F |
6.1.7 Thailand Bulb Market Revenues & Volume, By LEDs, 2021-2031F |
6.2 Thailand Bulb Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Bulb Market Revenues & Volume, By Lamps & Light Bulbs, 2021-2031F |
6.2.3 Thailand Bulb Market Revenues & Volume, By Operation Theatre (OT Instruments), 2021-2031F |
6.2.4 Thailand Bulb Market Revenues & Volume, By Torchlights and Flashlights, 2021-2031F |
6.2.5 Thailand Bulb Market Revenues & Volume, By Automobile Headlights, 2021-2031F |
6.2.6 Thailand Bulb Market Revenues & Volume, By Mining Headgears, 2021-2031F |
6.2.7 Thailand Bulb Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Bulb Market Import-Export Trade Statistics |
7.1 Thailand Bulb Market Export to Major Countries |
7.2 Thailand Bulb Market Imports from Major Countries |
8 Thailand Bulb Market Key Performance Indicators |
8.1 Average selling price (ASP) of LED bulbs |
8.2 Number of energy-saving campaigns or programs by the government |
8.3 Percentage of households using LED bulbs |
8.4 Energy consumption per capita |
9 Thailand Bulb Market - Opportunity Assessment |
9.1 Thailand Bulb Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Bulb Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Bulb Market - Competitive Landscape |
10.1 Thailand Bulb Market Revenue Share, By Companies, 2024 |
10.2 Thailand Bulb Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |