Lewes, DE -- (SBWIRE) -- 06/12/2018 -- Global market forecast and analysis of the consumption of Light Emitting Diode (LED) lamps in General Lighting applications.

According to the market study, the global consumption value of specified LED lamps used in General Lighting, reached an estimated $23.15 billion in 2017.

The LED lamps covered in this study are used in luminaires in stationary/fixed locations (non-vehicle/non-portable) General Lighting applications. The lamps are used in new fixtures, as well as retrofitting/replacement of existing (installed-based) lamps. The definition for General Lighting is – lighting that is used to provide the main illumination of an area. The Publisher definition of General Lighting also includes directional and supplementary lighting.
LEDs are used in both functional and decorative light fixtures, with an advantage of energy savings. Compared to incandescent lighting, LED-based solid-state lighting (SSL) delivers visible light with reduced heat. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby significantly increasing its lifespan.

The worldwide value is forecasted to increase to $30.81 billion in 2022, and eventually reaching $36.34 billion in 2027. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

The market study breaks-out the forecast by eight major lamp types: Parabolic aluminized reflector (PAR), General Service (A-Type), Decorative, Multifaceted reflector (MR) Compatible, Tube and Strips/Tape, Street-lights, High-Bay, and other/ miscellaneous LED lighting. The lamp categories, in turn, may have multiple sub-categories, which are determined by physical size and Watt equivalents of the lamp.

10-Year Market Forecast
This report provides estimates and forecasts, based on market research study work performed by Publisher Consultants.
General Lighting Definition – lighting that is used to provide the main illumination of an area. The Publisher definition of General Lighting also includes directional and supplementary lighting.

The LED-based lighting covered in this study is used in fixtures in stationary/fixed locations (non-vehicle or non-portable) General Lighting applications; the lighting (lamps and PCB/printed circuit boards with driver), which are used in new fixtures or retrofitting/ replacement of existing (installed-based) lighting.

Market Dynamics
The study process by Publisher Consultants considers the following points:
Standards on or related to LED lighting (including general regulations & standards, environmental issues etc.)
Policies and schemes for promoting the penetration of LED lighting
Industry trends in LED lighting fixtures
Distribution Channel (DIY stores, other stores, Web-based, other)
LED Lighting industry competitive environment
The use of LED lamps for Intelligent Lighting / Internet of Things (IoT)

LED Level Quantified in the Publisher Study
Below, are four levels (or "food chain") pertaining to the LED marketplace. For the purposes of this Publisher study, we quantify and provide a market forecast for "Level 3"
Level 1 - The chip or die
Level 2 - The LED component (packaged LED) or other components
Level 3 – Lamps, complete LED-equipped PCB, or Module
Level 4 – Luminaire (light fixture/lamp holder/including lamp/s)

Market Forecast, by Product Type

This market forecast is presented for eight (8) major product categories.

Total Consumption: LED Lighting at Summary-Level
Parabolic aluminized reflector (PAR)
General Service (A-Type Bulb: A-19/A-21); including filament-type style
Decorative Types: Candle, Fancy Round; including filament-type style
Multifaceted reflector (MR) Compatible
Linear Tube or Other Linear with Embedded Diffuser
Street / Parking-lot / Campus / Similar (Parks, Walkways)
High Bay/Flood/Stadium (>= 2500Lm)
Miscellaneous: Complete LED-equipped PCB with Driver

Market Forecast
The global consumption value of specified LED lamps used in General Lighting, reached an estimated $23.15 billion in 2017. The consumption value of General Lighting LED Lamps is forecasted to increase to $30.81 billion in 2022, and eventually reaching $36.34 billion in 2027. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

Global LED General Lighting Market Forecast 2017-2027

Market Forecast, By Region The market data estimates and forecasts are segmented into the following county/other counties; separate data-sheets are provided for the following:
Global
America
Europe, Middle East, Africa (EMEA)
Asia Pacific (APAC)

Market Forecast, By Function This report provides the 2017-2027 market data review estimate and forecast by the following functions:
Consumption Value
Quantity (number/units)
Average Selling Prices

The consumption (use) value is determined by multiplying the number of lighting units by the average selling price (ASP) in US Dollars. The estimated average selling prices are not retail prices; the prices are based on the price of the LED product at the initial factory level. These are the original manufacturer's ("factory") prices invoiced to the first (original) customer, or transfer prices for internal (captive) production.

Market Research Methodology
Market analysis and technology forecasting are complex tasks. Any predictions of the shape and trends of technology and economic movement start from the notion that the germ of what will be important tomorrow is present, although smaller or larger or in a different form, in our environment today. However, taking as a basis for a prediction the assumptions of current, conventional belief creates a set of preconceived notions that can lead to serious mistakes. Publisher, instead, looks to the basic driving forces.

Information Base
During the market research process, Publisher analysts performed interviews with selected authoritative and representative individuals in the LED and lighting industry, plus – R&D and factory/manufacturing, from the standpoint of both suppliers and users of LED and lighting illumination products. The interviews were conducted principally with:

Architectural lighting Designers/Installers concerns, Engineers, marketing personnel and management at manufacturers of LED lighting and related equipment, as well as other lighting technologies.

Design group leaders, engineers, marketing personnel and market planners at major users and potential users of LEDs and lighting

Other industry experts, including those focused on standards activities, trade associations, government and investments.

The interviews covered issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics.

Spanning over 214 pages "Global LED General Lighting Market Forecast 2017-2027" report covers Executive Summary, Regional and Lamp Type - Global Market Forecast, LED Lighting: Competitive Analysis/Market Opportunity Analysis, Market Research Methodology.

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