Market Size of japan outdoor led lighting Industry
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 1.22 Billion |
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Market Size (2030) | USD 1.58 Billion |
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Largest Share by Outdoor Lighting | Public Places |
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CAGR (2024 - 2030) | 4.47 % |
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Fastest Growing by Outdoor Lighting | Public Places |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Japan Outdoor LED Lighting Market Analysis
The Japan Outdoor LED Lighting Market size is estimated at 1.22 billion USD in 2024, and is expected to reach 1.58 billion USD by 2030, growing at a CAGR of 4.47% during the forecast period (2024-2030).
1.22 Billion
Market Size in 2024 (USD)
1.58 Billion
Market Size in 2030 (USD)
1.68 %
CAGR (2017-2023)
4.47 %
CAGR (2024-2030)
Largest Segment by Outdoor Lighting
65.97 %
value share, Public Places, 2023
As of April 2022, Japan had nearly 100 airports, including 28 major airports and 54 regional airports.
Fastest-growing Segment by Outdoor Lighting
5.05 %
Projected CAGR, Public Places, 2024-2030
The volume of LED penetration in this category is expected to reach 178.3 million units. It is the fastest-growing segment with rising developments in public places.
First Leading Market Player
32.44 %
market share, Panasonic Holdings Corporation, 2022
Panasonic was the largest market player in Japan, accounting for 32.44% of the market share in 2022. The company is focused on new product developments, such as the security lighting product Dark Sky Friendly Lighting.
Second Leading Market Player
25.40 %
market share, Nichia Corporation, 2022
Nichia Corporation was the second-largest market player in Japan, accounting for 25.40% of the market share in 2022. Nichia is one of the world's largest LED suppliers. The company has three sales offices in Japan: Osaka, Tokyo, and Nagoya.
Third Leading Market Player
5.53 %
market share, Endo Lighting Corporation, 2022
Endo Lighting Corporation was the third-largest market player in Japan, accounting for 5.53% of the market share in 2022. The company has a "Technical Center" in Higashi-Osaka City, a new product development base for LED lighting equipment.
Increased tourism and government initiatives in public places in Japan to boost the demand for LED lights in the country
- In terms of value share, in 2023, public places accounted for the majority of the share, followed by streets and roadways and others. Public places in Japan have grown over the years with increasing travel and tourism. The Government of Japan (GOJ) has been gradually lifting travel restrictions since the start of the COVID-19 pandemic. Given these positive developments in border controls and the industry's efforts to encourage Japanese consumers to travel abroad, now is the perfect time for the US travel industry to promote its destinations and services to the Japanese market. Thus, the growth in tourism creates an opportunity for the country to display its public places in a beautified manner. Amusement parks and parking lots in airports and railway stations have gone through various developments due to increased tourism, thus increasing the penetration of LED lights in this segment.
- In terms of volume share, in 2023, public places accounted for the majority of the share, followed by streets and roadways and others. The majority of LED lights are used in the public places segment due to the overwhelming response from tourism and the growth in technological advancement. The Tokyo government launched a campaign to promote energy-saving activities by converting home lighting to LEDs. Under the 2020 Action Plan formulated in 2016, the Tokyo Metropolitan Government aims to become a "Smart City Tokyo" that is constantly evolving, dynamic, open to the world, and has excellent environmental performance.
- Japanese government-led initiatives are expected to develop new roadways and redevelop existing national highways and other roadways. These factors are also propelling the demand for LED lights in the outdoor segment in Japan.
Japan Outdoor LED Lighting Industry Segmentation
Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting.
- In terms of value share, in 2023, public places accounted for the majority of the share, followed by streets and roadways and others. Public places in Japan have grown over the years with increasing travel and tourism. The Government of Japan (GOJ) has been gradually lifting travel restrictions since the start of the COVID-19 pandemic. Given these positive developments in border controls and the industry's efforts to encourage Japanese consumers to travel abroad, now is the perfect time for the US travel industry to promote its destinations and services to the Japanese market. Thus, the growth in tourism creates an opportunity for the country to display its public places in a beautified manner. Amusement parks and parking lots in airports and railway stations have gone through various developments due to increased tourism, thus increasing the penetration of LED lights in this segment.
- In terms of volume share, in 2023, public places accounted for the majority of the share, followed by streets and roadways and others. The majority of LED lights are used in the public places segment due to the overwhelming response from tourism and the growth in technological advancement. The Tokyo government launched a campaign to promote energy-saving activities by converting home lighting to LEDs. Under the 2020 Action Plan formulated in 2016, the Tokyo Metropolitan Government aims to become a "Smart City Tokyo" that is constantly evolving, dynamic, open to the world, and has excellent environmental performance.
- Japanese government-led initiatives are expected to develop new roadways and redevelop existing national highways and other roadways. These factors are also propelling the demand for LED lights in the outdoor segment in Japan.
| Outdoor Lighting | |
| Public Places | |
| Streets and Roadways | |
| Others |
Japan Outdoor LED Lighting Market Size Summary
The Japan Outdoor LED Lighting Market is experiencing a steady expansion, driven by various factors including government initiatives, technological advancements, and increased tourism. The market is characterized by a significant share of LED lights used in public places, streets, and roadways, with public places dominating due to the surge in tourism and travel. The Japanese government's efforts to promote energy-saving activities and the development of smart cities, such as Tokyo, are further propelling the demand for LED lighting. Additionally, the construction and redevelopment of stadiums and roadways, along with the rise in residential and commercial spaces, are contributing to the market's growth. The market is fairly consolidated, with major players like ams-OSRAM AG, Endo Lighting Corporation, Nichia Corporation, Panasonic Holdings Corporation, and Toshiba Corporation leading the industry.
The market's growth is also supported by the increasing number of households and the expansion of the automobile sector, which presents additional opportunities for LED lighting applications. The government's focus on infrastructure projects and housing program subsidies is expected to boost the residential market, leading to higher LED sales. The automotive sector's registration of new cars indicates a growing market for LEDs in vehicles. The market's trajectory is further enhanced by the ongoing developments in tourism-related infrastructure, such as amusement parks and airport parking lots, which have seen increased penetration of LED lights. Overall, the Japan Outdoor LED Lighting Market is poised for continued growth, driven by a combination of government policies, technological innovations, and evolving consumer needs.
Japan Outdoor LED Lighting Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
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1.1 Outdoor Lighting
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1.1.1 Public Places
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1.1.2 Streets and Roadways
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1.1.3 Others
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Japan Outdoor LED Lighting Market Size FAQs
How big is the Japan Outdoor LED Lighting Market?
The Japan Outdoor LED Lighting Market size is expected to reach USD 1.22 billion in 2024 and grow at a CAGR of 4.47% to reach USD 1.58 billion by 2030.
What is the current Japan Outdoor LED Lighting Market size?
In 2024, the Japan Outdoor LED Lighting Market size is expected to reach USD 1.22 billion.
