Product Code: ETC005505 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The professional lighting market in Thailand is set to experience robust growth during the forecast period. This is attributed to increasing government initiatives and investments for developing smart cities and growing demand from hospitality, retail, healthcare, education, transportation, entertainment and other sectors. The COVID-19 pandemic has had a significant impact on the Thailand professional lighting industry; however it is expected that with various policy interventions by the government coupled with technological advancements in LED systems will drive the market.
Government of Thailand have launched several initiatives including Digital Economy Promotion Agency (DEPA) as well as Digital Rural Development Program (DRDP) aimed at transforming existing cities into smart cities equipped with world-class infrastructure, advanced technologies such as cloud computing services and internet of things (IoT). These developments are likely to accelerate adoption of professional lighting solutions in commercial buildings across major cities in Thailand over the forecast period. The hospitality sector has been investing heavily towards installation of energy efficient LED lightings due to their longer life span and higher efficiency when compared with traditional light sources such as CFLs or halogen lamps.Additionally, hotels also use these lights for aesthetic appeal which further drives up demand from this sector.
Professional lighting solutions require high initial capital investment due to their expensive nature which makes them difficult to implement among small businesses or organizations. Furthermore, maintenance costs associated with these lights can be quite high which further deters potential customers from deploying them.
The Covid-19 pandemic has brought about significant changes in consumer behaviour leading many companies across all verticals such as hospitality, retail etc. not invest into new equipment or even upgrade existing ones since there was a drastic decline in customer footfall owing to lockdowns imposed by governments around the world.This scenario significantly affected sales of professional lighting equipment resulting into revenue losses for manufacturers operating within this space.
Cree Inc, Philips Lighting Holding BV, OSRAM Licht AG, Acuity Brands Lighting Inc, Panasonic Corporation
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 Professional Lighting Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Professional Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Professional Lighting Market - Industry Life Cycle |
3.4 Thailand Professional Lighting Market - Porter's Five Forces |
3.5 Thailand Professional Lighting Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
3.6 Thailand Professional Lighting Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Professional Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Professional Lighting Market Trends |
6 Thailand Professional Lighting Market, By Types |
6.1 Thailand Professional Lighting Market, By Light Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Professional Lighting Market Revenues & Volume, By Light Source, 2021-2031F |
6.1.3 Thailand Professional Lighting Market Revenues & Volume, By LEDs, 2021-2031F |
6.1.4 Thailand Professional Lighting Market Revenues & Volume, By Others (halogen lamps, xenon bulbs, incandescent lamps) , 2021-2031F |
6.2 Thailand Professional Lighting Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Professional Lighting Market Revenues & Volume, By Entertainment, 2021-2031F |
6.2.3 Thailand Professional Lighting Market Revenues & Volume, By Stage lighting, 2021-2031F |
6.2.4 Thailand Professional Lighting Market Revenues & Volume, By Medical, 2021-2031F |
6.2.5 Thailand Professional Lighting Market Revenues & Volume, By UV Lamps, 2021-2031F |
6.2.6 Thailand Professional Lighting Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Professional Lighting Market Import-Export Trade Statistics |
7.1 Thailand Professional Lighting Market Export to Major Countries |
7.2 Thailand Professional Lighting Market Imports from Major Countries |
8 Thailand Professional Lighting Market Key Performance Indicators |
9 Thailand Professional Lighting Market - Opportunity Assessment |
9.1 Thailand Professional Lighting Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.2 Thailand Professional Lighting Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Professional Lighting Market - Competitive Landscape |
10.1 Thailand Professional Lighting Market Revenue Share, By Companies, 2024 |
10.2 Thailand Professional Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |