The common uses of LEDs are for illumination and indication. Illumination is when you need lights to shine onto something as in the case of flashlights or headlights. The indication is when you need to point something like a turn signal or brake lights. Getting the incorrect lights can harm the eyes of the beholder. These days, LEDs are found everywhere and find their application in all the industries and domestic uses. There are LEDs which are both diffused and clear and serve different purposes.
They are all very energy sufficient and consume very less amount of energy in comparison to incandescent light bulbs. Thus LED lights are both energy and money efficient. There are decreased maintenance and replacement costs in LEDs. Due to this, there is a surge in the use of these lights in rural electrification projects. Along with these, LEDs are proven to be safer due to the less emission of heat and is cool to touch the bulbs. This means they can be left on for hours and would cause no harm, unlike incandescent lights. The market for LEDs is rapidly advancing with new innovations bringing longevity and increased brightness. LED lightings are preferred by all – professional, commercial, government.
The report “Indonesia Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends, & Forecasts: 2015-2022” gives a detailed analysis of the LED market in Indonesia. The study covers and analyzes the Indonesia LEDs market, bringing out the complete key insights of the industry. The report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and make informed decisions. The top companies in the market are LeKise International, Mouser Electronics, SolarensLedindo, PT Philips Indonesia and PT OSRAM Indonesia.
In the Southeast Asia’s belt, Indonesia is an important market for LEDs. Though the country has a high population, electricity penetration is poor and this makes Indonesia one of the countries with high power shortage. Even Jakarta, the capital of Indonesia faces occasional blackouts due to power shortage. Government’s initiatives to make the country self – sufficient in a few years will ensure a steady supply. They plan to reach there by investing in solar lighting equipment. With increased investment in solar power and growing awareness on uses of non-conventional sources of energy, it is expected to increase the market for LED lighting applications in commercial and traffic lighting. Indonesia’s collaboration with China on their One Belt One Road (OBOR) is also expected to boost the market for LEDs.
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Ankur Gupta, Head Marketing & Communications