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Global Light-Emitting Diode Lighting Module Market 2017-2021

Global Light-Emitting Diode Lighting Module Market 2017-2021

About light-emitting diode (LED) lighting module

LED lamps consist of two semiconductor diodes, which produce light. They do not contain any mercury and emit almost negligible UV or infrared rays that are converted to white light by the phosphors content in it. Thus, these are environment friendly. These are also resistant to shock and vibration and produce very little heat. It has a life span of almost 50,000 hours, which is much longer than other types of bulbs.

Technavio’s analysts forecast the global light-emitting diode lighting module market to grow at a CAGR of 19.95% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global light-emitting diode lighting module market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of LED lighting modules across the several end-user segments, which includes architectural, hospitality, industrial, office, outdoor, residential, and retail.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report Global Light-Emitting Diode Lighting Module Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cree
  • GE Lighting
  • OSRAM
  • Philips
Other prominent vendors
  • Acuity Brands
  • Advanced Lighting Technology
  • Bridgelux
  • Cooper Lighting
  • LG Innotek
Market driver
  • Demand for energy-efficient lighting solutions
  • For a full, detailed list, view our report
Market challenge
  • Lack of standardization
  • For a full, detailed list, view our report
Market trend
  • Increase in urban population worldwide
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Light-Emitting Diode Lighting Module Market 2017-2021

Technavio recognizes the following companies as the key players in the global light-emitting diode lighting module market: Cree, GE Lighting, OSRAM, and Philips.

Other Prominent Vendors in the market are: Acuity Brands, Advanced Lighting Technology, Bridgelux, Cooper Lighting, and LG Innotek.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in urban population worldwide. Rapid urbanization worldwide, especially in emerging economies, is leading to the increased demand for lighting devices in growing number of households. The residential sector is one of the major contributors to the growing demand for lighting devices.”

According to the report, one of the major drivers for this market is demand for energy-efficient lighting solutions. Increasing energy cost and rise in consumption have been compelling both governments and consumers to reduce energy consumption and employ power-saving lighting solutions. LEDs are technically efficient in terms of lighting and power consumption. LEDs limit power consumption more effectively than conventional incandescent bulbs.

Further, the report states that one of the major factors hindering the growth of this market is lack of standardization. Different countries have passed stringent legislation on energy-efficient technologies. The specification and standards for LED lighting are different for different countries. As there is no international standard for LED, it acts as a hurdle for the vendors as they need to qualify the standards for the countries where they would carry out their business. This acts as a hurdle for the vendors to enter a foreign market.

Companies Mentioned

Cree, GE Lighting, OSRAM, Philips, Acuity Brands, Advanced Lighting Technology, Bridgelux, Cooper Lighting, LG Innotek.

  • Executive summary
  • Scope of the report
    • Market overview
    • Definition of end-user segments
      • Table Definition of global LED lighting module market end-user segments
    • Other definitions
    • Top-vendor offerings
      • Table Product offerings
    • Geographical segmentation
      • Table Key geographical regions
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Technology landscape
      • Table Emerging energy-efficient lighting technologies
      • Table Light output of LEDs, incandescent bulbs, and CFLs
      • Table Cost and efficiency of LEDs, incandescent bulbs, and CFLs
      • Table Cost comparison for LEDs and incandescent bulbs
  • Market landscape
    • Market overview
      • Table Global LED lighting module market: Overview
    • Market size and forecast
      • Table Global LED lighting module market 2016-2021 ($ millions)
      • Table LED lamp unit shipments by end-user segments 2016-2021 (millions of units)
      • Table LED luminaire unit shipments by end-user segments 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global LED lighting module market: End-user segmentation 2016 (%)
    • Table Global LED lighting module market: End-user segmentation 2016-2021 (%)
    • Global LED lighting module market in retail sector
      • Table Global LED lighting module market in retail sector 2016-2021 ($ millions)
    • Global LED lighting module market in architectural sector
      • Table Global LED lighting module market in architectural sector 2016-2021 ($ millions)
    • Global LED lighting module market in office sector
      • Table Global LED lighting module market in office sector 2016-2021 ($ millions)
    • Global LED lighting module market in hospitality sector
      • Table Global LED lighting module market in hospitality sector 2016-2021 ($ millions)
    • Global LED lighting module market in industrial sector
      • Table Global LED lighting module market in industrial sector 2016-2021 ($ millions)
    • Global LED lighting module market in outdoor sector
      • Table Global LED lighting module market in outdoor sector 2016-2021 ($ millions)
    • Global LED lighting module market in residential sector
      • Table Global LED lighting module market in residential sector 2016-2021 ($ millions)
  • Market segmentation by application
    • Table Global LED lighting module market: Segmentation by application 2016 (%)
    • Table Global LED lighting module market: Segmentation by product 2016-2021 (%)
    • Global LED lighting module market by LED luminaires
      • Table Global LED lighting module market by LED luminaires 2016-2021 ($ millions)
    • Global LED lighting module market by LED lamps
      • Table Global LED lighting module market by LED lamps 2016-2021 ($ millions)
      • Table Global LED lighting module market: Revenue breakdown by application 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global LED lighting module market: Geographical segmentation 2016 (%)
    • Table Global LED lighting module market: Geographical segmentation 2016-2021 (%)
    • LED lighting module market in APAC
      • Table LED lighting module market in APAC 2016-2021 ($ millions)
    • LED lighting module market in EMEA
      • Table LED lighting module market in EMEA 2016-2021 ($ millions)
    • LED lighting module market in Americas
      • Table LED lighting module market in Americas 2016-2021 ($ millions)
  • Market drivers
    • Government support and incentives for LED lighting
      • Table Rebate per unit on installation of energy-efficient lighting solution
      • Table Rebate per fixture for replacing HID or fluorescent interior lighting with LED
      • Table Rebate on installation of new LED lighting products
    • Demand for energy-efficient lighting solutions
      • Table Comparison of incandescent versus CFL versus LED
    • Upcoming mega events and infrastructure projects
    • Inception of energy-efficiency certification programs
    • Minamata Convention on Mercury
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of standardization
    • High average cost per LED fixture
      • Table Price comparison of connected bulbs from different manufacturers
      • Table LED fixture installation cost
    • High import duties
      • Table Comparison of BRIC nation import duties
    • Limited thermal tolerance of LED
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in urban population worldwide
      • Table Degree of urbanization by continent 2015
    • Declining manufacturing cost of LEDs
      • Table Manufacturing cost of LED 2012-2020 ($/Klm)
    • Demand for intelligent lighting systems
    • Emergence of smart cities
    • Growing number of smart homes worldwide
      • Table Smart homes worldwide 2015-2020 (millions of units)
      • Table Smart homes penetration rate by geography 2015-2020
    • Introduction of government policies and guidelines on smart lighting
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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