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LED Lighting: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2020

  • Published Date: Jan, 2015
  • 973 Pages
  • Category: Technology
  • Format: Email PDF + Excel
  • Language: ENG

As per Frank n Raf’s research report By 2020 the LED lighting market is projected to grow over 45% per year. The market was estimated at $13 billion in 2014 and is likely to cross over $63 billion by 2020. Next-generation lighting receives a complete relief of luminous filament bulbs with LED lighting that lasts longer and is more efficient. cost of these lightings lights is also very low. Philips is the market leader for LED lights and it mainly focuses on high margin activities. General competitive stress has severely affected the overall industry; as a result, the price declining is major because of the economic scale.

Samsung, Philips, and Osram have been looking GaN on silicon technology, Although, Epistar is working on 200mm technology. Newmarket players benefit from the entry points provided by continuous market shifts. They also build considerable opportunities for industry participants to achieve rapid augmentation in market share. The market is anticipated to experience shifts in market share as retailers move up the value chain to provide returns on investments.

Vendors seek control in their margins because they are presenting more pieces of LED light in the market. On the basis of product performance, Vendors compete with other providers of LED lighting. It is mainly measured by reliability, efficacy, augmented lumen output and light quality. Product Price associated with an acceptable level of quality is the major the competitive issue in the LED lighting market. LED vendors to want to present LED lighting products that hold superior product quality and that gets lower cost of ownership. In commercial situations, LED lights to reduce the labor costs of changing bulbs. Furthermore, the companies dealing with LED bulbs are implementing new semiconductor technology which will positively affect the overall market.

Communities and buildings supreme the way of producing more cost-efficient systems; this is expected to grow the LED lighting market significantly. In some cases, the utility plants are providing financing and funding to the other firms so that most of the lighting consumers transferred to the LED lighting system. Also, these lamps lower the total cost of lighting which attracts both seller and consumers. They present up to 50,000 hours of lighting with a fraction of energy used of conventional incandescent bulbs. Smaller size, enhance stability, lower heat output, environment friendliness and digital controllability are some advantages given by LED lighting Products.

Market Leaders

-Cree

-Epistar

-Everlight Electronics

-GE Lighting Solutions

-GYLED

-Lighting Science Group

-Lite–On Technology / Ledtek

-Mitsubishi / Verbatim

- Osram / -Sylvania

-Philips

-Samsung

-Solid State Lighting Systems

-Toshiba

Market Participants

-Acuity Brands Lighting

-Adata

- Advanced Lighting Technologies

-Advantech Lighting Solutions /

- Aixtron

- Albemarle

- Association

- ATG Electronics

- AU Optronics / Lextar Electronics

- AU Optronics / Lextar Electronics

- Avances Lumínicos Plus S.A. de

- Black Dog LED

- Bridgelux

- C.V

- CE Lighting

- Cree

- Crep Optoelectronics

- CV High Power LED Streetlights in

- Daystar

- Delta Group

- DMX Tecnologias SA DE

- Drivers With A New Case

- Echelon

- Emcore

- ENDO

- Epistar

- Everlight

- GE Lighting Solutions

- General Electric Lighting

- General Hydroponics

- Genesis Photonics (GPI)

- GYLED

- Harvatek

- Hihong introduces 40w LED

- Hon Hai

- Hong Sheng

- IEE

- Intematix

- Iwasaki Electric

- iWatt

- Jingge LED

- Kingbright

- Kingsun

- Koizumi

- Larson

- Latin America

- LED Microsensor NT

- Lighting Science Group

- Lightkiwi, LLC.

- Lightwave

- Lite/On Group / Leotek

- Litecontrol

- Lowcled

- Mitsubishi / Verbatim

- NaturaLED

- Newport Corporation / ILX

- Nichia

- Nihon Advanced Agri Corporation

- Ohyama / Ohyama Lights

- Optional 0-10v Dimming

- Optoelectronic Co., Ltd

- Osram

- Ozu Corporation

- Panasonic

- Phihong

- Philips Lumileds

- Plessey Semiconductors

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

- Prolighting TCP

- QD Vision

- Rambridge

- Ringdale ActiveLED®

- Samsung

- Sengled

- Sharp

- Shenzen Hoyol

- Shenzhen Hongsheng

- Shenzhen LEDTEK Optoelectronics

- Shenzhen Wisdom

- Siemens

- SolarMax

- Solid State Lighting Systems

- Sony

- Soraa

- Sunleaves Garden Products

- Sunlight Supply

- SunSun Lighting

- Taiwan Floriculture Exports

- Tatung

- TCP

- Technology Co., Ltd.

- Thorlabs

- TOA Lighting

- Toshiba LED Lighting

- Toyoda Gosei

- USALight

- Zumtobel

- Zytechstry Insights

The global LED lighting market size was estimated at USD 29.65 billion in 2016. Increasing demand for power-efficient illuminating systems across residential, commercial, and industrial sectors, rising concern over the reduction of non-renewable sources of power, and decreasing price of LED lights are likely to aid in the growth of the industry over the coming years. Light emitting diodes are highly efficient, reliable, and gain long life span, which is anticipated to boost its demand in various applications, including indoor and outdoor solutions. These lights are more effective than incandescent lights, delivering around 50,000 hours of illumination with a small amount of energy consumed.