Strategically Blogging

LED COB is Coming

Martin Shih 01/26/2015

We have now released our latest market research report, The World Market for COB LEDs in General Lightingwhich covers the market for LED COBs and Multichip Array COBs. We forecast the overall market for these COBs will grow significantly to $4.35 billion in 2020 from $1.54 billion in 2014. In addition, the report indicates that the market will grow by 40% YoY in 2015. The long term growth is mainly due to the increased penetration of COB luminaires and lamps into some specific lighting applications, such as downlights and spotlights. With better light distribution and design flexibility, we expect a significant growth for COB, especially in directional lighting applications.

Revolution vs. Evolution

Philip Smallwood 01/22/2015

At the 2014 Strategies in Light Europe conference, there was one recurring theme that I thought was very interesting: evolution vs. revolution. I think it is very important for people in the lighting industry to understand that LEDs in themselves are not a revolutionary (disruptive) technology that is changing the industry, but rather a natural evolutionary progression of light emitting materials/methods to create usable light. As presented by Dr. Thomas Knoop, the Managing Director of INTEGRATED, a technology is disruptive in an industry when it attacks the market by offering a different value driver (usually convenience or price) and not when it just fulfills the need of the average customer. The two charts provided below are visualizations of these ideas. 

Lighting Industry: 2014 in Review and What to Expect Next

Shonika Vijay 01/19/2015

As the year 2014 recently ended, I thought now would be a good time to review what the lighting industry has gone through along with what lighting trends we anticipate in the near future. 2014 was an amazing year for LED lighting. Here a few recent key things that LED lighting experienced in 2014:

A 2014 Laser Market in Review

Allen Nogee 12/31/2014

With 2014 ending and 2015 starting, it is a good time to reflect on the year that has passed and look ahead to the year which is starting. Total worldwide laser revenue grew 6.5% in 2014 to $9.2 billion, which is a quite strong gain overall, despite the fact that prices of many laser types continue to drop.

There was not a single region or laser type which accounted for much of the gain (with the possible exception of fiber lasers, which had a great year), but rather 2014 was strong due to the lack of any significantly bad areas or segments.

Confessions of a Lighting Analyst: I Have Never Bought an LED Bulb

Stephanie Pruitt 12/22/2014

I have three large ceiling light fixtures in the middle of three rooms in my apartment. They each have three light bulbs in them, and one bulb in each fixture was burnt out (they are currently a mix of mainly incandescent with 1-2 CFLs). So, I decided I was going to finally purchase some LED bulbs. 

Having studied the LED and lighting market for two years now, attended multiple lighting trade shows and conferences, and spoken with numerous people in the top lighting companies, I always felt slightly guilty for not ever actually buying LED bulbs myself. I have done more research on LED lighting than your average consumer; I know all about the different types of lighting technologies, how they differ in wattage and lumen output, and CRI and CCT.

LED replacement lamps: new regulations and 100+% growth

By Tom Hausken
Most people are not aware that new energy regulations in Europe and the U.S. will progressively ban incandescent lamps from the market, creating a huge market opportunity for LED replacement lamps just as they improve in performance and price. Our new market report anticipates growth rates in this product of over 100% per year for the next several years, thanks to the new regulations, continuing declines in prices, and the unique features that only LEDs provide. That’s great news for LED makers, who see the lighting market as the ultimate application for LEDs.

It’s not quite so simple as that, however. For one thing, LED replacement lamps are too expensive today for widespread use, so they are relegated today to special applications, such as hard-to-reach places. Manufacturers have yet to realize economies of scale. In the meantime, compact fluorescent lamps (CFLs) are more prominent. Also, customers have to be educated to think in terms of cost of ownership, rather than the initial price. Even the government regulations aren’t set in stone, given the big change that it entails.


What's so great about LEDs? LED lamps are directional and can be adapted to fit different lamp profiles not possible with other light sources. They come in all possible shades of white, last for a long time, can be dimmed and controlled easily. And unlike CFLs, LED lamps contain no mercury.


The LED is in many ways the ideal lighting technology, but actually developing that market is still surprisingly challenging. That's why the new energy regulations will prove so pivotal for the LED business.

Oh, and in case you missed the hint earlier, we do have a new market report on this topic.

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