Worldwide LED lighting market worth $42 billion by 2019: A report

Saturday, December 14, 2013: Next generation lighting achieves a complete replacement of incandescent filament bulbs with LED lighting that is more energy efficient, lasts longer and has a significantly lower cost of operation. LED lighting decreases labor costs of replacing bulbs in commercial situations. The LED bulbs are implementing new semiconductor technology.

The 2013 study has 403 pages, 183 tables and figures. Worldwide LED lighting markets (http://www.reportsnreports.com/reports/269046-led-lighting-market-shares-strategies-and-forecasts-worldwide-2013-to-2019.html) are poised to achieve significant growth as buildings and communities lead the way in implementing the more cost efficient systems. In some cases, the utility plants are providing funding and financing so that lighting users can make the shift to LED lighting.

LED lamps lower the overall cost of lighting. LED lighting costs are less than costs with incandescent lights. LED lamps offer up to 50,000 hours of illumination with a fraction of the energy used by traditional incandescent bulbs. LED bulbs generate 90% less heat than incandescent bulbs. LED bulbs extend time between bulb replacements. The bulbs are used to achieve a near zero-maintenance lighting system.

LED lighting products are coming to market rapidly. Suppliers carry up to 150 different LED bulb and lamp styles to fit the various needs of consumers and businesses.Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=269046.

LED PAR lamps dominate the ENERGY STAR qualified product list, so back in 2012 IEE partnered with TopTen USA and Ecova to develop recommendations for top performing PAR38 and PAR30 LED lamps. The team developed an evaluation protocol that starts with the lamps found in ENERGY STAR’s list, to which we applied product criteria screens and testing to a subset of lamps to determine the 10 top performers. Efficiency along with aesthetics, payback period, and dimming performance were key criteria to the ranking.

- Advertisement -

LED lighting products compete with traditional lighting technologies on the basis of the numerous benefits of LED lighting relative to such technology including greater energy efficiency, longer lifetime, improved durability, increased environmental friendliness, digital controllability, smaller size, directionality and lower heat output.

LED lighting products face competition in the general lighting market from both traditional lighting technologies provided by numerous vendors as well as from LED-based lighting products provided by a growing roster of industry specialized participants.

The emergence of cost-competitive LEDs has caused a “paradigm shift” in the lighting industry that has changed everything. The LED lighting industry rapid technological change has been brought by enormous changes in the regulations affecting lighting. Short product lifecycles are a result of new manufacturing and materials science that are the result of companies trying to improve the economies of scale to make price points more attractive to customers.

According to the study, “Frequent product introductions have characterized the LED lighting industry. There is a highly competitive pricing environment with the current price point of $10 in 2013 per light about to decline to $6 per light. These market characteristics increase the need for continuous innovation.”

Get Discount on the Report @ http://www.reportsnreports.com/contacts/discount.aspx?name=269046.

Sales of LEDs that outpace incandescent bulbs in North America are expected to soon completely eliminate incandescent bulbs. The LED lighting market is anticipated to grow 45% per year through 2019. The LED lighting market at $4.8 billion in 2012 is anticipated to go to $42 billion by 2019. The reason is the declining price points, the increased interest by the channel in pushing LEDs to consumers. LEDs provide the best lighting solution. The phase out of incandescent lights has begun, the onset of LED command of the market is upon us.

This LED lighting shipment analysis is based on consideration of the metrics for the total number of lights shipped with a likely penetration analysis. Interviews with distributors, vendors, and users provide means for triangulation of data to achieve an accurate look at the market. Interviews include contact with distributors and analysts worldwide.

LED Lighting Company Description:
1 Acuity Brands Lighting

2 Advantech Lighting Solutions / NaturaLED

3 Albemarle

4 ATG Electronics

5 Avances Lumínicos Plus S.A. de C.V

6 BridgeLux

7 Cree

8 Emcore

9 Epistar

10 Everlight

11 GE Lighting Solutions

12 IEE

13 Intematix

14 iWatt

15 Larson

16 LED Microsensor NT

17 Lighting Science Group

18 Lightkiwi, LLC.

19 Litecontrol

20 Mitsubishi / Verbatim

21 Newport Corporation / ILX Lightwave

22 Nichia

23 Osram AG

24 Philips Lumileds

25 Pluz S.A. de C.V. / NuVue

26 Prolighting TCP

27 QD Vision

28 Siemens

29 Solid State Lighting Systems

30 Sony

31 Soraa Inc

32 TCP

33 Thorlabs

34 Toshiba

35 Toyoda Gosei

Related Report:

Global LED Lighting Market 2012-2016 (http://www.reportsnreports.com/reports/268107-global-led-lighting-market-2012-2016.html): Analysts forecast the Global LED Lighting market to grow at a CAGR of 35.6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the declining average selling price of LEDs. The Global LED Lighting market has also been witnessing an increasing adoption of LEDs. However, the fluctuating global economy could pose a challenge to the growth of this market.

The key vendors dominating this space include Cree Inc., Dialight Lumens Inc., Dialight plc, Emerson Electric Co., and Koninklijke Philips Electronics N.V. Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=268107.

The other vendors mentioned in this report are Cooper Industries plc, Everlight Electronics Co. Ltd., Nichia Corp., Seoul Semiconductor Co., and Sharp Corp.

Browse other report on Semiconductor and Electronics Market at http://www.reportsnreports.com/purchase.aspx?name=268107.

- Advertisement -
Loading form…

Industry's Buzz

SK Hynix

SK Hynix Backs Optical Interconnects for AI

0
South Korean memory maker backs co-packaged optics to replace copper links and break the 'AI memory wall' in data centres.  South Korean semiconductor giant SK...
Representational image of a satellite

Finnish SAR Imagery Specialist Forms Its India Unit

0
The formation of ICEYE India follows the formation of its German subsidiary last month. The move aims to tap into, what the company describes...
Nexperia

Europe-China Differences Leads to a Split in Nexperia

0
The Dutch chipmaker’s China unit said that a new production line which will produce 12-inch silicon wafer up to 100 percent domestically will be...

Kaynes Technology, BOSGAME Sign MoU To Expand In India

0
The partnership will also explore opportunities for product localisation, value addition, and greater participation in India’s growing electronics ecosystem Kaynes Technology India Limited and BOSGAME...
Piyush Goyal, Minister of Commerce and Industry, Government of India

India, Japan to Deepen Semiconductor and AI Cooperation During Goyal’s Visit 

0
Dedicated semiconductor and AI discussions will anchor Piyush Goyal’s Japan visit, with India seeking greater Japanese investment and technology partnerships. Union Commerce and Industry Minister...

Learn From Leaders

(L-R) Nikesh Gondchawar, Strategic & Technical Advisor – Robotics Manufacturing; Shrikrushna Kakade, Founder Partner; Nikhil Kakade, Senior Technical Advisor – Robotics & Control Systems, SlightGen Solutions LLP

“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...

0
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
Navdeep Narula, Executive Director, Client and Endpoint Solutions, Ingram Micro, India

“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...

0
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...

India’s Robotics Push Opens New Hardware Opportunities

0
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.  India’s push...
Gadhadar Reddy, CEO and Founder, NoPo Nanotechnologies

How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...

0
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...

Startups

(L-R) Sri Kusulu Devalla, Co-Founder and Hetendra Singh Rathore, Founder, Segritech

“We don’t just sort fruit; we match every quality grade with the right buyer.”...

0
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
Akshar Vastarpara, Founder and CEO, Vicharak

“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...

0
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
Dr Naveen Yanduru, CEO, Axiro Semiconductor Private Limited

“India Can Lead In IP—If It BacksIts Own Builders”

0
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
Dr Sanjay Ahuja, Founder and CEO of Cionlabs, India

“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”

0
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...
RTLS

Amimotion’s World-Smallest UWB Tags That Give Factories A Digital Nervous System For Physical AI

0
A Bengaluru startup is turning factories into intelligent spaces with tiny UWB tags, AI-powered visibility, and real-time tracking that can automate workflows, improve safety,...