Report Price: $4,950
Publish Date: April 2013
In an effort to address this market, Strategies Unlimited has just released the third edition of LED Luminaires: Market Review and Forecast 2013. As lighting is the fastest growing market segment for LED technology, this report is a must for companies who are involved in LED lighting, luminaire design, LED manufacturing, and the vertical stream.
The LED luminaire market is forecasted to grow to $16.6 billion by 2016. Several conditions, including improvements in performance and price of commercially available high brightness LED packages, heightened concerns regarding energy efficiency, and the phasing out of incandescent bulbs, combined to create conditions favorable for the adoption of white light applications of LED technology.
To understand this dynamic market and its driving forces, Strategies Unlimited has completed a comprehensive report that looks at the demand of the high-brightness LED lighting luminaire market. The report includes an application analysis, worldwide market review, five-year market forecast and an appendix of LED Luminaire manufacturers. This second edition report, LED Luminaires Market Analysis and Forecast is the most recent edition in a series of reports published on the LED industry by Stratgies Unlimited, the leading market research firm covering HB LEDs and other optoelectronic devices. Here are a few points from the report:
• The market transformation for LED lighting is occurring more rapidly than it did for other lighting technologies, such as fluorescent and compact fluorescent lighting.
• With decline in prices of LED packages and availability of higher lumen packages, luminaire manufacturing is becoming easier and less expensive.
• In 2011-2012, the cost of LED luminaires further declined with the use of high lumen packages using multichip arrays which reduced the cost luminaire design.
• The Market is growing globally and in the forecast period and this trend will continue with a CAGR 18%.