The market was estimated at $13 billion in 2014 and is likely to cross over $63 billion by 2020. LED lighting market is expected to grow over 45% per year by 2020. General competitive stress has severely impacted the overall industry; as a result, the price declining is major because of the economic scale.
The LED lighting shipment analysis is based on consideration of the metrics for the total number of lights installed with a likely penetration analysis. Sales market of LEDs that outpace incandescent bulbs in North America are expected to soon completely eliminate incandescent bulbs. Market forecasts are based on indications that LEDs are leveraging economies of scale to achieve price points attractive to users. The Lighting markets appear to be moving toward 100% LED replacement of existing technology including incandescent bulbs.
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Table of Content:
1. Executive Summary
2. LED Lighting Market Driving Forces
3. Interior and Exterior LED Lights and Controllers
4. Interior A LED Lamps
5. LED Lighting Market Forecasts
6. LED Market Dynamics
7. LED LIGHTING PRODUCT DESCRIPTION
8. LED Technology Analysis
9. LED LIGHTING COMPANY DESCRIPTION
10. Appendix
Key players of LED Lighting Market:
• 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
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