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LEDs & High Efficiency Lighting


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LEDs & High Efficiency Lighting

US demand to rise more than 10% annually through 2017
US demand for high efficiency lighting is forecast to increase more than 10 percent annually to $11.7 billion in 2017, supported by technological improvements and regulatory changes designed to lower electricity used in lighting applications. The US market for high efficiency lighting continues to adjust to the provisions of the Energy Independence and Security Act (EISA) of 2007, which is leading to a phase-out of traditional incandescent lamps and supporting demand for products such as LEDs and compact fluorescent lamps. Technological innovations that are improving the performance of LEDs and many types of high efficiency lamps are also supporting demand. In addition, particularly in the LED segment, improvements in manufacturing are leading to lower purchase prices for many products, thereby boosting market penetration for these efficient lighting products. However, because high efficiency lighting products have much longer useful lives, the average replacement rate will decrease over time, eventually depressing high efficiency lighting demand.

LEDs to be fastest growing high efficiency lighting
Demand for LEDs will grow the fastest of any high efficiency lighting product through 2017. Increased penetration in many residential and nonresidential building applications, as well as in the outdoor lighting market, will support advances. While the high initial price of LEDs has hindered their adoption in many traditional lighting applications, technological innovations that reduce costs and improve performance will make these products increasingly competitive. The market for other energy efficient linear fluorescent lamps will also register strong growth, supported by heightened penetration of T5 and T8 lamps, in place of less efficient T12 products. In addition, the rebound in nonresidential building construction will provide some prospects.

Building market to offer best growth opportunities
Through 2017, the building market for high efficiency lighting products will post especially strong growth, supported by a shift to higher value, longer lasting lighting products and driven in part by rising efficiency standards for lamps. Residential demand will be bolstered by the replacement of less efficient lighting that has been phased out due to EISA. Businesses, institutions, and government entities will turn to high efficiency lighting products to lower energy expenses and to reduce the labor costs of replacing lighting products. Over the longer term, the market will be restrained by the longer service lives of LEDs and newer lamp products, which will limit replacement demand.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table HIGH EFFICIENCY LIGHTING DEMAND (million dollars)
  • MARKET ENVIRONMENT
    • General
    • Demographic Trends
      • Table POPULATION & HOUSEHOLDS (million persons)
    • Macroeconomic Outlook
      • Table MACROECONOMIC INDICATORS (billion 2005 dollars)
    • Consumer Income & Expenditure Outlook
      • Table PERSONAL CONSUMPTION EXPENDITURES (billion dollars)
    • Construction Trends
      • Table CONSTRUCTION EXPENDITURES (billion dollars)
      • Residential Building Construction
        • Table RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES (billion dollars)
        • Table NEW HOUSING INDICATORS
        • Table HOUSING STOCK BY TYPE (million units)
        • Table YEAR OF CONSTRUCTION OF HOUSING STOCK, 2012 (131.8 million units)
        • Table RESIDENTIAL IMPROVEMENT & REPAIR EXPENDITURES (billion dollars)
      • Nonresidential Building Construction
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES (billion dollars)
        • Table NONRESIDENTIAL BUILDING STOCK (billion 2005 dollars)
        • Table NONRESIDENTIAL BUILDING IMPROVEMENT & REPAIR EXPENDITURES (billion dollars)
      • Nonbuilding Construction
        • Table NONBUILDING CONSTRUCTION EXPENDITURES (billion dollars)
    • Highway Spending
      • Table HIGHWAY SPENDING (billion 2005 dollars)
    • Motor Vehicle Trends
      • Table MOTOR VEHICLE INDICATORS
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS (billion dollars)
    • Pricing Trends
      • Table SELECTED HIGH EFFICIENCY LIGHTING PRICES (dollars per unit)
      • Table SELECTED HIGH EFFICIENCY LIGHTING PRICES, 2002-2022 (dollars per unit)
    • Environmental & Regulatory Issues
      • General Regulations & Standards
      • Energy-Efficiency Concerns
      • Other Environmental Concerns
    • Lamp & LED Industry Overview
      • Table LIGHTING INDUSTRY DEMAND (million dollars)
    • Foreign Trade
      • Table HIGH EFFICIENCY LIGHTING FOREIGN TRADE (million dollars)
      • Imports
      • Exports
  • TECHNOLOGY & CRITICAL COMPONENTS
    • General
    • Light Source Characteristics
      • Luminous Efficacy
        • Table LUMINOUS EFFICACY OF SELECTED LIGHT SOURCES (lumens per watt)
      • Light Quality
        • Table LIGHT QUALITY OF SELECTED LIGHT SOURCES (color rendering index)
      • Lighting Fixtures
      • Other Light Source Characteristics
    • Remote Source Lighting
      • Fiber Optic
      • Prism Light Guides
    • Phosphors
    • Critical LED Components
      • Table CRITICAL LED COMPONENT DEMAND (million dollars)
    • Ballasts
      • Table HIGH EFFICIENCY BALLAST DEMAND (million dollars)
      • Fluorescent
      • High Intensity Discharge
  • PRODUCTS
    • General
      • Table HIGH EFFICIENCY LIGHTING SUPPLY & DEMAND (million dollars)
      • Table HIGH EFFICIENCY LIGHTING DEMAND BY PRODUCT, 2012 ($7.1 billion)
    • LEDs
      • Table LED DEMAND BY TYPE & MARKET (million dollars)
      • Product Characteristics
      • Suppliers
    • High Efficiency High Intensity Discharge Lamps
      • Table HIGH EFFICIENCY HIGH INTENSITY DISCHARGE LAMP DEMAND BY TYPE & MARKET (million dollars)
      • Product Characteristics
      • Metal Halide Lamps
        • Table METAL HALIDE LAMP DEMAND
      • Sodium Vapor Lamps
        • Table SODIUM VAPOR LAMP DEMAND
    • High Efficiency Fluorescent Lamps
      • Table HIGH EFFICIENCY FLUORESCENT LIGHTING DEMAND BY TYPE & MARKET (million dollars)
      • Product Characteristics
      • Compact Fluorescent Lamps
        • Table COMPACT FLUORESCENT LAMP DEMAND BY TYPE (million dollars)
      • High Output Fluorescent Lamps
        • Table HIGH OUTPUT FLUORESCENT LAMP DEMAND
      • Energy-Efficient Fluorescent Lamps
        • Table ENERGY-EFFICIENCY FLUORESCENT LAMP DEMAND BY TYPE (million dollars)
      • Suppliers
    • Other High Efficiency Lighting Products
      • Table OTHER HIGH EFFICIENCY LIGHTING DEMAND BY MARKET (million dollar)
      • Product Characteristics
      • Suppliers
  • MARKETS
    • General
      • Table HIGH EFFICIENCY LIGHTING DEMAND BY MARKET (million dollars)
      • Table HIGH EFFICIENCY LIGHTING DEMAND BY MARKET, 2012 ($7.1 billion)
    • Buildings
      • Table BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
      • Residential
        • Table RESIDENTIAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
      • Nonresidential
        • Table NONRESIDENTIAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
        • Table OFFICE & COMMERCIAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
        • Table INSTITUTIONAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
        • Table INDUSTRIAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
        • Table OTHER NONRESIDENTIAL BUILDINGS MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
    • Outdoor Lighting
      • Table OUTDOOR LIGHTING MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
    • Consumer Products
      • Table CONSUMER PRODUCT MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
    • Motor Vehicles
      • Table MOTOR VEHICLE MARKET FOR HIGH EFFICIENCY LIGHTING (million dollars)
      • Demand by Sector
        • Table HIGH EFFICIENCY MOTOR VEHICLE LIGHTING DEMAND BY SECTOR (million dollars)
      • Demand by Vehicle Class
        • Table HIGH EFFICIENCY MOTOR VEHICLE LIGHTING DEMAND BY VEHICLE CLASS (million dollars)
    • Other Markets
      • Table OTHER MARKETS FOR HIGH EFFICIENCY LIGHTING (million dollars)
  • REGIONS
    • General
    • Regional Demographic & Economic Trends
      • Population Patterns
        • Table POPULATION BY REGION (million persons)
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT BY REGION (billion dollars)
      • Construction Activity
        • Table CONSTRUCTION EXPENDITURES BY REGION (billion dollars)
      • Housing
        • Table REGIONAL HOUSING INDICATORS (thousand units)
    • Regional Demand for High Efficiency Lighting
      • Table HIGH EFFICIENCY LIGHTING DEMAND BY REGION (million dollars)
      • Table HIGH EFFICIENCY LIGHTING DEMAND BY REGION, 2012 ($7.1 billion)
      • Northeast
        • Table NORTHEAST: HIGH EFFICIENCY LIGHTING DEMAND BY SUBREGION & MARKET (million dollars)
      • Midwest
        • Table MIDWEST: HIGH EFFICIENCY LIGHTING DEMAND BY SUBREGION & MARKET (million dollars)
      • South
        • Table SOUTH: HIGH EFFICIENCY LIGHTING DEMAND BY SUBREGION & MARKET (million dollars)
      • West
        • Table WEST: HIGH EFFICIENCY LIGHTING DEMAND BY SUBREGION & MARKET (million dollars)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table US HIGH EFFICIENCY LIGHTING SALES BY COMPANY, 2012 (million dollars)
    • Market Share
      • Table HIGH EFFICIENCY LIGHTING MARKET SHARE BY COMPANY, 2012 ($7.1 billion)
    • Product Development
    • Manufacturing
    • Marketing
      • Green Marketing
      • Consumer-Focused Strategies
      • Other Market-Specific Strategies
    • Distribution
      • Consumer
      • Nonresidential
      • OEM
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Company Profiles
      • Advanced Lighting Technologies Incorporated
      • Bridgelux Incorporated
      • Bulbrite Industries Incorporated
      • Cree Incorporated
      • Data Display Products Incorporated
      • Dialight plc
      • EiKO Limited
      • Excelitas Technologies Corporation
      • Feit Electric Company Incorporated
      • Fiat SpA
      • General Electric Company
      • Grupo Antolin-Irausa SA
      • Interlectric Corporation
      • Iwasaki Electric Company Limited
      • Koito Group
      • Kumho Electric Incorporated
      • LEDtronics Incorporated
      • LG Electronics Incorporated
      • Light Sources Incorporated
      • Lighting Science Group Corporation
      • Lights of America Incorporated
      • MaxLite Incorporated
      • National Cathode Corporation
      • Nichia Corporation
      • OSRAM Licht AG
      • Panasonic Corporation
      • Revstone Industries LLC
      • Royal Philips NV
      • Samsung Electronics Company Limited
      • Seoul Semiconductor Company Limited
      • Siemens AG
      • Stanley Electric Company Limited
      • SunLED Company Limited
      • TCP International Holdings Limited
      • 3M Company
      • Toshiba Corporation
      • Toyoda Gosei Company Limited
      • Trojan Incorporated
      • Ushio Incorporated
      • Varroc Group
    • Additional LED & High Efficiency Lighting Companies

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