LED Lighting: Market Shares, Strategies, and Forecasts to 2019
DUBLIN, February 5, 2014 /PRNewswire/ –
Research and Markets (
http://www.researchandmarkets.com/research/9m6qw5/led_lighting) has announced the
addition of a new report “LED Lighting: Market Shares, Strategies, and Forecasts to 2019″
[http://www.researchandmarkets.com/research/9m6qw5/led_lighting ] to their offering.
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 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.
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.
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
Key Topics Covered:
1 Light Emitting Diode (LED) Lighting Market Dynamics and Market Description
2 Light Emitting Diode (LED) Lighting Market Shares and Market Forecasts
3 LED Lighting Product Description
4 LED Lighting Technology
5 LED Lighting Company Description
- Cree - GE Lighting Solutions - Lighting Science Group - Maxion Technologies - Mitsubishi / Verbatim - Osram - Philips - QD Vision - Solid State Lighting Systems - Toshiba
- ATG Electronics - Acuity Brands Lighting - Advantech Lighting Solutions / NaturaLED - Albemarle - Avances Luminicos Plus S.A. de C.V - BridgeLux - Emcore - Epistar - Everlight - GE - IEE - ILX Lightwave - Intematix - LED Microsensor NT - Larson - Lightkiwi, LLC. - Litecontrol - Newport Corporation / ILX Lightwave - Nichia - NuVue - Pluz S.A. de C.V. / NuVue - Prolighting TCP - Siemens - Sony - Sony HD OLED panels - Soraa - TCP - Thorlabs Acquires / Maxion Technologies - Toyoda Gosei - Verbatim - iWatt
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SOURCE Research and Markets