The market is dominated by domestic suppliers, as imports account for 15.3% of total market size in 2024. Households drive market demand, with household spending representing 48.6% of total demand in 2024. Turkey has the sixth largest market size for electric lamps and lighting equipment regionally, with demand reaching USD2.4 billion in 2024. Borsan Kablo Elektrik Aydinlatma San ve Tic AS is the largest company in Turkey, generating 2.6% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 8.6% of total production value in 2024. The total number of companies increases in 2024, to 14,321 units. The costs of the industry increase by 1.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 27.6% of production value in 2024, the highest regionally. The industry’s exports share decreases in 2024 to 13.7% of total production output. With production value of USD2.0 billion, Turkey accounts for 8.1% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Turkey: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Turkey: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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