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LED and Energy Efficient Lighting Worldwide Markets: Indoor, Outdoor, Residential, Commercial

The lighting industry is abuzz with new technologies to meet energy savings requirements. Compact fluorescent lights, CFLs, light emitting diodes, LEDs, and organic light emitting diodes, OLEDs, are becoming familiar terms.

The CFL was expected to become the dominant provider of residential general illumination. But the success of the CFL is also its failure. Its longer life has cut into its own sales. These sales are misleading as they were initially heavily subsidized by governments. The initial quality of CFLs produced were poor resulting in less than expected net savings. The EPA warnings about how to contain a broken CFL were such that families with small children would think twice before installing one. Recyclability of the CFL has not really been addressed in a uniform way. Therefore, the once incredible wind-fall market, mandated by governments, may never be realized for CFLs. In fact US imports of CFLs rose from 144 million units in 2005 to 460 million units in 2007 (a 300% gain) but then fell to 317 million units in 2009.

Cold cathode fluorescent lights (CCFLs) hidden behind LCD displays are being replaced. Light emitting diodes (LEDs), once limited to red, amber, and green have bloomed in white light. Advances are occurring almost daily in developing white LEDs that are more naturally colored and brighter. The highest grades are called high-brights (HB-LEDs). HB-LEDs are moving in to take the lead as back-lighting agents leading to thinner, lighter, and brighter displays.

Organic light emitting diodes (OLEDs) are formed from organic rather than inorganic materials and are printed rather than etched or layered on a semiconductor chip. Printing is an economical process but requires great control. So far OLEDs are still waiting for their big technological break-though but it’s only a matter of time.

Quickly on the heels of the diodes are other more exotic technologies including quantum dots and semi-micro-electro-mechanical systems (micro machines!).

All of these competing technologies have advantages and disadvantages. As of now the markets are wide open and can accommodate many participants. Because the entry cost to some of these technologies is fairly low even small operators have chances to make big profits. However, once a 15% reduction in energy is achieved advanced lighting controls, smart grids etc. will offer less savings.

LED and Energy Efficient Lighting Worldwide Markets: Indoor, Outdoor, Residential, Commercial reviews these technologies and their applications in general illumination, illuminated signage, electronic displays and vehicular lighting applications.

The report contains comprehensive data on the U.S. and international market for lighting elements of all types. Historic data goes back to 2005 while projections are made though 2014. Data is presented on value and volume of shipments and estimates made of future market size for established and developing technologies. A key chapter discusses the many, many influences on the market and their interaction. The study profiles major marketers and companies to watch as this shakeout continues.

Report Methodology

The information in LED and Energy Efficient Lighting Worldwide Markets is based on data from the US and foreign trade data, industry and university publications, interviews with industry experts, along with information from several trade associations, the US Department of Energy, United Nations energy program information, business journals, company literature and websites, and research services such as Simmons Market Research Bureau.

What You’ll Get in This Report

LED and Energy Efficient Lighting Worldwide Markets presents the market data gathered together from various government and private sources and weaves an understanding between the numbers. Reading this report and reviewing the data presented will give the reader a sense of perspective and insight. Perspective on how we got here and insight on how to use the information to your best advantage is offered. The big playing field of the lighting industry is characterized with 17 lighting industry profiles. Over 100 figures and graphs portray data in a way that is conducive to discerning the relationships between market facts.

How You’ll Benefit from This Report

If your company is already doing business in the lighting market, or is considering making the leap, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current market for lamps and luminaries as well as projected markets and trends through 2014.

This report will help:

  • Marketing managers identify market opportunities and develop targeted promotion plans for luminaries, lamps, backlighting, and other lighting uses.
  • Research and development professionals stay on top of competitor initiatives and explore demand for high tech, low energy lighting solutions..
  • Building designers will learn about lighting choices in the green building market as well as broadcast and studio designers.
  • Comprehensive information is provided the effect of lighting components in the markets of home theatres, consumer electronics, and automotive.
  • City planners and utility commissioners will receive timely information regarding energy efficient lighting choices and how they should and should not be promoted.
  • The involved public will benefit from factual presentation of the advantages and disadvantages of competing lighting options and will be able to make informed local decisions as a result.
  • Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.


Market Insights: A Selection From The Report


Light Emitting Diodes (LEDs)

In solid-state applications, light propagates from the surface of tiny segments of semi conductors. The process is somewhat similar to that of the fluorescent lamp as electrons energize and fluoresce as they recombine with the semi-conductive material. In the minerals used for LEDs the energy released is either visible light or UV radiation.  If UV light is emitted, the diode is coated with a phosphor. The phosphor absorbs the UV rays, and then emits visible light. Directional, monochromatic light is the result.

Silicon and other semi-conductive minerals are grown into extremely pure mono-crystals.  The atoms in a mono-crystal align perfectly and uniformly with no internal boundaries.  These 300 mm diameter cylinders are sliced into wafers about 0.75 mm thick, polished, and sold as wafers.

Light emitting diodes (LEDs) come to life in semiconductor wafer fabrication plants called “fabs”. These plants are very expensive costing about $8 billion and up each.  The semiconductor chips require “clean rooms”, specially designed spaces where all airborne contaminants are controlled. The numerous steps in the process to create a single “die” consum...

Roadway Lighting

Roadway lighting includes, in some cases, the fixture to hold the lamp as well as the lamp itself.

Roadway lighting is another prime target for investigation of energy savings. There are an estimated 500 million streetlights around the world illuminating tricky intersections and neighborhood streets. Thirty-four million light up America. Another 100 million stand watch over American parking lots. As a rough figure, streetlights consume up to 35% of a municipality’s energy bill based on high-pressure sodium technology. LED streetlights cut that figure in half.

Approximately 610,000 LED streetlights were installed worldwide in 2009. Published plans by various government entities reveal that 870,000 more units will be placed during 2010. China and Taiwan are leading the streetlight conversions although both governments will accomplish their goals in this area probably by the end of 2010 and will shift subsidies to other programs. China installed about 250,000 LED streetlights in 2009. Up to a total of 400,000 units are in the installation phase for China.

The U.S. has not initiated a nation-wide conversion program rather individual municipalities are specifying LED replacements. Los Angeles is planning to install 140,000 over five years beginning in 1008. Los Angeles’ 209,0000 streetlights rank second in quantity behind New York City.

The number of competitors in the field is growing.

LED Roadway LLC is a three-year-old (2007) startup from Halifax...

In the News


Solid State Lighting (SSL) Ushers Worldwide Lighting Industry into New Era

New York, September 20, 2010 - The lighting industry is transitioning through business altering changes and will become more robust than its barely noticeable compound annual growth rate (CAGR) of 6% over the last five years would suggest, according to SBI Energy’s new industry study LED and Energy Efficient Lighting Worldwide Markets: Indoor, Outdoor, Residential, Commercial. Substantial changes are in the air for this market due to the influx of new applications for light emitting diodes (LEDs) and other solid state lighting (SSL) sources. These transformations are already shaking some established companies and making room for new ones.

"Business headlines are bursting with news about the end of the incandescent light bulb and the birth of a new era in lighting. The ‘Age of Edison’ is over and the ‘Solid State Lighting Age’ has just begun. The repercussions manifest themselves from the raw materials, through the type of manufacturing facility, and sub-assembly plants," says Jean Diener, SBI Energy analyst and author of the report. "The switch from incandescent to solid state lighting has been so abrupt that both CFLs (compact fluorescent lamps) and LEDs may be in short supply over the next two years."

Within the SSL segment, LEDs are impacting applications throughout each of the major lighting market segments and companies are reorganizing or forming to meet these challenges.  These segments as described in the report include General Illumination, Indoor Lighting consisting of residential, office, retail, commercial, and industrial uses; General Illumination, Outdoor Lighting comprised of lighting for sports arenas, roadways, yards, parking lots, and other public places; Illuminated Signage used for traffic control lights on highways and runways, signs for information and advertising, and highway directional signs; Vehicular Lighting for headlights, tail lights, and interior lighting; Display Technologies for flashlights, diving lights, bicycle lights, and other portable devices; and lastly Specialty/Other applications for select surgical devices, ultraviolet (UV) lamps for tanning, and infrared (IR) lamps for space heaters.

In 2009, approximately two-thirds—$49 billion—of the world lighting market by value consisted of General Illumination, which makes sense considering that on average half the day is dark and a good portion of the lighted part of day people spend indoors. The other lighting segments comprised the market’s remaining $23 billion.

SBI Energy forecasts tremendous growth potential for the Illuminated Signage and Electronic Displays segments. Illuminated Signage has great promise particularly in the area of digital billboards and other large scale digital displays. The declining price of LEDs, increasing number of suppliers, the low cost of maintenance and content updating makes these signs an attractive marketing tool.  Meanwhile, Electronic Displays especially as part of LED-backlit LCD televisions are expected to experience exciting growth as prices for these televisions continue to drop in correlation with price drops for LEDs and because televisions are a relatively affordable "feel-good" purchase for consumers that represent luxury and self-indulgence after a fairly bitter recession.

Less enthusiasm is held for the Vehicular Lighting segment. "LEDs will certainly expand in market penetration but until electric cars are more common it is difficult to see mass conversion to new light sources that are expensive, still require significant research to be incorporated in headlamps, and on the green scorecard, do very little to cut fuel consumption. High end cars will be equipped with more and more LED lighting but adoption by the family priced cars will take another three to five years," says Diener.

LED and Energy Efficient Lighting Worldwide Markets: Indoor, Outdoor, Residential, Commercial reviews industry technologies and their applications in general illumination, illuminated signage, electronic displays and vehicular lighting applications.  The report contains comprehensive data on the U.S. and international market for lighting elements of all types. Historic data goes back to 2005, while projections are made though 2014. Data is presented on value and volume of shipments and estimates made of future market size for established and developing technologies. A key chapter discusses the many influences on the market and their interaction. The study profiles major marketers and companies to watch as this shakeout continues.

About SBI Energy
SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets.  SBI Energy also offers a full range of custom research services. 

  • Executive Summary
    • Introduction to the Topic
    • Data
    • Methodology
    • Terminology
      • Table Industry versus Common Terminology
    • The Market
      • World Manufacturers
      • CFLs participation in the United States General Illumination Market
      • General Illumination, Outdoor
      • Illuminated Signage
      • Vehicular Lighting
      • Electronic Displays
      • LED Price Points
    • Market Trends
      • Global Warming was the Initial Motivator
      • The CFL and the LED
      • Trends in Roadway Lighting
      • Trends in Vehicular Lighting
      • Trends in Signage
      • Trends in Electronic Displays
      • Government funding
      • Corporate maneuverings
    • Emerging Technologies
  • Overview
    • Incandescent
    • Fluorescent
    • Electronic Circuitry
    • Light Emitting Diodes (LEDs)
      • General Illumination Requires More of LEDs
    • p-n Junctions
    • Organic LEDs
    • Liquid Crystal Displays (LCDs)
    • Micro-electro-mechanical Systems (MEMS)
    • Interferometer Modulation
    • LED Backlighting
      • Cold Cathode Fluorescent Lamps (CCFLs)
      • LED
  • The Market
    • Scope
    • Methodology and Data Presentation Notes
    • The World Lighting Market
      • Lighting Market Segments
    • General Illumination World Market
      • Luminaires
    • Indoor Lighting, General Illumination
      • The Top Light Bulb Manufacturing Countries
      • U.S. Indoor Lighting Market
      • Projected U.S. Imports of Light Bulbs through 2014
      • Incandescent Light Bulbs
      • Compact Fluorescent Lamps
      • Halogen Lamps
      • Ballasts
    • Outdoor Lighting, General Illumination
      • HID Lighting
      • Roadway Lighting
      • Signage and Advertising, Illuminated Displays
      • Top Manufacturers of Illuminated Signs
      • U.S. Illuminated Signs and Large Display Market
      • Digital Billboards
        • Table Digital Billboards
      • Illuminated Sign Market Projections through 2014
    • Vehicular Lighting Systems
      • World Market for Vehicle Lighting
      • Vehicle Lighting
      • U.S. Vehicular Lighting Systems Forecast to 2014
    • Electronic Displays LED/OLED Systems
      • Scope of LCD Backlighting
      • Back-lit Display Markets
      • Cold Cathode Fluorescent Lamps (CCFLs)
      • LED Backlit -LCD Television
      • 3D TV
      • LED Backlighting market in Notebooks, Laptops, Hand-held Electronics
      • Application Markets for OLED
      • LED Drivers
    • World Market for LEDs
      • LED Fabs
      • LED Pricing
        • Table HB-LED Property Characteristics by Application
    • Market Findings
      • Primary Findings
      • Secondary Findings
  • Market Trends
    • Initial Motivation
    • Conference in Kyoto
      • Table DOE Requirements per EISA for General Service Incandescent Lamps, 2007
    • Market Change Reaches Critical Mass
      • Table Steps Taken by Signers of the Kyoto Protocol (Annex I countries)
      • World Economy
      • U.S. Stimulus
        • Table Partial List of DOE Lighting Research Projects
        • Table DOE Funding of LED Research
      • The "Green Market" Trend
      • Trends in Indoor Lighting
      • Trends in Outdoor Lighting
      • Trends in Large Scale Outdoor Displays
      • Digital Billboards
      • Trends in Signage
      • Street Furniture
      • Trends in Electronics
      • Smaller is Better
      • Manufacturing Capacity
      • Vehicular Lighting
      • Mergers and Acquisitions
  • Research Activities and Emerging Technologies
    • Can Incandescent Light Bulbs be Energy Efficient?
    • Effects and Efforts of the Big Three on Research
    • LED Research: Improving Performance
      • Creating White Light
      • The Quest for Better Materials
    • OLEDs
    • Design of Luminaires
    • Nanotechnology
    • Daylighting and Smart Grids
      • Lighting Controls
      • EnOcean
    • Smart Grid
    • Research Groups
    • Applied Transportation Research
      • Vehicle Research
      • Road Safety Studies
    • Ambient Light Technologies
  • Company Profiles
    • Thousands of Companies
      • Company Profiles
    • AXT Inc - LED Substrate Manufacturer
      • Table AXT Inc Company Details
      • Products, Brands and Customers
      • Performance
        • Table AXT Revenue by Product Q1 2010 compared to Q4 2009 ($ millions)
        • Table Financial Summary ($ millions)
      • History, Mergers, and Acquisitions
    • Carmanah - Solar Powered LED Fixtures for Roadways and Landscaping
      • Table Carmanah Company Details
      • Products, Brands and Customers
        • Table Product Lines
      • Performance
        • Table Financial Summary ($ millions)
      • History, Mergers, and Acquisitions
    • Cooper Lighting, LLC - a full service lighting and fixture company
      • Table Cooper Lighting, LLC Company Description
      • Table Cooper Lighting Brands
      • Table Financial Summary of Cooper Industries ($ millions)
      • Table Quarterly Performance Summary of Cooper Industries ($ millions)
      • Cooper Lighting Performance
        • Table Cooper Industries plc Excess Fair Value of Reporting Units ($ millions)
      • History, Mergers, and Acquisitions
      • Cree-manufacturer of LEDs and LED Lamp Fixtures
        • Table Company Details
      • Products, Brands and Customers
        • Table Cree Branded LED Lamps
      • Performance
        • Table Financial Summary ($ millions)
        • Table Quarterly Performance Summary ($ millions)
      • History, Mergers and Acquisitions
    • Daktronics - makers of digital billboards and signs
      • Table Daktronics Company Description
      • Products, Brands and Customers
      • Performance
        • Table Financial Summary ($ millions)
        • Table Quarterly Performance Summary ($ millions)
      • History, Mergers, and Acquisitions
    • eMagin Corp - Manufactures OLEDs on silicon micro-displays
      • Table eMagin Company Description
      • Products, Brands and Customers
      • Performance
        • Table eMagin Financial Summary ($ millions)
    • General Electric - Edison's Lighting Company
      • Table General Electric Company Description
      • Products, Brands and Customers
      • Performance
        • Table Financial Summary ($ millions)
    • Grote Industries - Leading U.S. manufacturer of vehicle lighting
      • Table Grote Industries Company Details
      • Products, Brands and Customers
      • Performance
      • History, Mergers, and Acquisitions
    • Hella KGaA Hueck & Co-leading German vehicular lighting company
      • Table Company Details
      • Products, Brands and Customers
      • Performance
      • History, Mergers, and Acquisitions
    • Lamar Advertising Company - Leading outdoor advertising company
      • Table Lamar Advertising Company Details
      • Products, Brands and Customers
        • Table Lamar Advertising Assets
      • Performance
        • Table Financial Summary ($ millions)
        • Table Financial Summary Comparison
      • History, Mergers, and Acquisitions
        • Table Acquisition and Organization Activity of Lamar Advertising
    • LED Roadway Lighting Ltd. - Startup company making LED street lamps
      • Table LED Roadway Lighting Ltd Company Details
      • Products, Brands and Customers
      • Performance
    • LG Display Co., Ltd - Large producer of flat-panel displays
      • Table LG Display Co., Ltd Company Details
      • Products, Brands and Customers
      • Performance
        • Table Financial Summary ($ millions)
      • History, Mergers, and Acquisitions
        • Table Subsidiaries of LG Display
    • Lighting Science Group Corp. - Maker of LEDs, and replacement lamps
      • Table Lighting Science Group Corp. Company Details
      • Products, Brands and Customers
      • Performance
        • Table Financial Summary ($ million)
      • History, Mergers, and Acquisitions
    • Nichia Corporation - LED maker
      • Table Nichia Corporation Company Details
      • Products, Brands and Customers
      • Performance
      • History, Mergers, and Acquisitions
    • Philips - World's Largest Lighting Company
      • Table Philips Company Details
      • Products, Brands and Customers
        • Table Financial Summary (millions of Euros)
      • History, Mergers, and Acquisitions
    • Toyoda Gosei North America Corp - Vehicle Lighting
      • Table Toyoda Gosei North America Corp Company Details
      • Products, Brands and Customers
        • Table Product lines
      • Performance
    • Universal Display Corp. - developer of LED and OLED technology
      • Table Universal Display Corp. Company Details
      • Products, Brands and Customers
      • Technology Licensing
      • UniversalPHOLED(TM) Materials
      • Technology Transfer
      • Performance
        • Table Financial Summary ($ millions)
  • Appendix
    • Table Selected terms
    • Table Abbreviations and Acronyms
    • Table Environmental Organizations Referenced in Report
    • Table Companies Referenced in Report

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