Deerfield Beach, FL -- (SBWire) -- 07/12/2016 --Market Research announces that it has published a new study LED Lighting: Market Shares, Strategy, and Forecasts, Worldwide, 2014 to 2020. 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.
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.
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Philips, the market leader has been the first casualty as the profit margin on the individual LEDs is eroded because of overproduction in China. The achievement in price declines because of economies of scale, and general competitive pressure have drastically impacted the market. Philips is set to sell its lighting business. The Dutch electronics group Philips has attracted bids from several private equity groups for the majority of its lighting components business, up for sale as it focuses on higher-margin activities.
Epistar is working on 200mm technology. Philips, OSRAM, and Samsung are all actively exploring GaN on silicon technology. Market shifts provide entry points for new competitors. They create significant opportunities for participants to achieve rapid increase in market share. Shifts in market share are anticipated as vendors move up the value chain to increase returns on investment.
There is a move by vendors to provide more pieces of the LED light. In this way they seek to control their margins. Vendors primarily compete with other providers of LED lighting on the basis of product performance, as measured by efficacy, light quality, increased lumen output and reliability. Product cost combined with an acceptable level of quality is always a competitive issue.
Get Full Table Of Content (Index) Of LED Lighting Market: http://www.intenseresearch.com/market-analysis/led-lighting-market-shares-strategies-and-forecasts-worldwide.html#table-of-content
Table Of Content Of LED Lighting Market:
LEDs Promise to Revolutionize the Lighting Industry 27
LED Lamps Market Driving Forces 28
Light-Emitting Diodes Transform The Business Of Illumination 30
LEDs Are Economical 30
LED Lamps Durability 32
LED Market Shares 34
LED Lighting Market Forecasts 36
1. LIGHT EMITTING DIODE (LED) LIGHTING MARKET DYNAMICS AND MARKET DESCRIPTION 40
1.1 LEDs Replace Traditional Incandescent Light Bulb 40
1.2 Next Generation, High-Efficiency, Cost-Saving LED Lighting 41
1.2.1 LED Products 42
1.3 LED Quality Standards 46
1.4 Life-Cycle Assessment of Energy and Environmental Impacts of LED 50
1.4.1 LED Substrates 56
1.5 Global Economy 59
1.5.1 The IT Market 60
1.5.2 New World Order Built On The Globally Integrated Enterprise 60
2 LIGHT EMITTING DIODE (LED) LIGHTING MARKET SHARES AND MARKET FORECASTS 63
2.1 LED Lamps Market Driving Forces 63
2.1.1 Light-Emitting Diodes Transform The Business Of Illumination 65
2.1.2 LEDs Are Economical 65
2.1.3 LED Lamps Durability 67
2.2 LED Market Shares 69
2.2.1 Lighting Industry Market Share Commentary on LED Technology Shifts 72
2.2.2 Philips Lumileds 73
2.2.3 Philips Targets Lighting for Underdeveloped Regions 74
2.2.4 Cree 74
2.2.5 Cree Manufacturing 75
2.2.6 Cree 75
2.2.7 Cree Emerging Markets 76
2.2.8 GE Lighting Solutions 76
2.2.9 GE ROI for LEDs 76
2.2.10 GE Installs Municipal Lighting 77
2.2.11 Acuity Brands Enhances Popular Lithonia Lighting TWH and TWP Luminaires with LED Technology 77
2.2.12 Toshiba Lighting Technology 78
2.2.13 QD Vision 78
2.2.14 Lighting Science Group 79
2.2.15 Lighting Science Group 79
2.2.16 Bridgelux LED Arrays 80
2.2.17 Albemarle 80
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LED Lighting Market 2016: Global Industry Demand, Segment and Research to 2021
Intense Research has added a new research reports titled "LED Lighting: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020" to its report store.