Philippines Govt Induces LED Penetration for Future Growth - Energy Watch News

Philippines Govt Induces LED Penetration for Future Growth

The major players in the market include Philips, Yatai, Firefly, Akari, General Electric and Green Energy Saving. The LED lights market in Philippines is currently in a nascent stage and is expected to grow at a remarkable rate in the coming five years. Manufacturing plants for LED lights are expected to be installed in the country by both national and international players. The demand for LED lights has shown a consistent rise since its inception in the Philippines and the same trend is expected to continue at least for the next five years. The new report covers market size on the basis of revenue, market segmentation by type of LED, usage, type of luminaire, type of lamps, distribution channel and by region. The report also includes the government initiatives and regulations in LED lights market, competitive landscape and company profiles for major players in the LED lights market. 

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