Lighting Fixture Market in Japan: Key Research Findings 2018
Yano Research Institute (the President, Takashi Mizukoshi) has conducted a survey on the domestic lighting fixture market and has found out the general-use lighting fixture market overview, the trends of the market players, and the future outlook.
Size of the domestic lighting fixture market for general lighting purposes in 2017 is projected to fall by 1.4% from the previous year to attain 1,010.624 billion yen (based on the shipment values at manufacturers). The market in 2018 is likely to decline by 0.5% to be 1,005.770 billion yen. Although the LED lighting market is expected to rise by 3.2% from the previous year and to grow continuously, the diminishing conventional light sources market (total of lighting fixture and lamp) is projected to deter expansion of the entire market.
In the New Growth Strategy issued after cabinet decision in 2009, the government has set the goal of SSL (Solid State Lighting) to occupy 100% in the shipment of entire lighting fixture. The ratio of LED lighting fixture, a part of SSL fixture, for general lighting purposes has come to occupy more than 90% by 2017, and more than 95% by 2018, almost achieving the goal of 100% two years ahead of the schedule. Therefore, the shift to LED lighting fixture for general lighting purposes has been in progress faster than imagined. Whether or not SSL lighting fixture can attain 100% in the existing luminaire market (including both shipment and stocked products), which can be the next goal for the government, attracts attention.
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