The Japan LED market size reached USD 6.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.7 Billion by 2033, exhibiting a growth rate (CAGR) of 7.02% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 6.7 Billion |
Market Forecast in 2033
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USD 12.7 Billion |
Market Growth Rate 2025-2033 | 7.02% |
Japan started promoting its semiconductor lighting technology as early as 1998 with its “21st Century Lighting Project,” and is regarded as one of the earliest nations to initiate LED industry policies. Although till 2010, the Japanese government remained unsuccessful in promoting LED lighting as standard-setting was delayed. But the industry gained momentum after the March 2011 earthquake in Fukushima, when all the nuclear power plants running in the country were closed and resulted in a huge power supply gap. To resolve the problem of power shortages, the Japanese government phased-out incandescent light bulbs and started focusing on the implementation of energy efficient LED lighting systems. Japan today has one of the highest penetration rates for LED’s. The LED market in Japan is fairly concentrated with Nichia Corporation representing the biggest player in the country.
This report provides a deep insight into the Japan LED market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for LED manufacturers, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Japan LED market in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the Japan LED market report, along with forecasts for the period 2025-2033. Our report has categorized the market based on product type, application and installation type.
Breakup by Product Type:
Breakup by Application:
Breakup by Installation Type:
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Application, Installation Type |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |