Deerfield Beach, FL -- (SBWire) -- 05/20/2016 --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.
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.
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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.
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Table of Content
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
LED Lighting Market Shares And Market Forecasts
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
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New Research: LED Lighting Market 2016: Industry Size, Shares, Growth, and Forecasts to 2020
Global LED lighting Market at $4.8 billion is anticipated to grow $42 billion by 2019