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Thursday 28 May 2015

Research Study - Global LED Lighting Market Analysis And Forecasts To 2021 By Radiant Insights, Inc

WinterGreen Research announces that it has published a new study LED Lighting: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2020. Next generation lighting achieves a complete replacement of incandescent filament bulbs with LED lighting that is more energy efficient, lasts longer and has a significantly lower cost of operation.  

Philips is to sell its lighting business. The Dutch electronics group Philips has attracted bids from several private equity groups for the majority of its lighting components business, up for sale as it focuses on higher-margin activities. Philips, the market leader has been the first casualty as the profit margin on the individual LEDs is eroded because of overproduction in China. The achievement in price declines is because of economies of scale, and general competitive pressure have drastically affected the market. Philips is set to sell its lighting business soon.  

Epistar is working on 200mm technology. Philips, OSRAM, and Samsung have been actively exploring GaN on silicon technology. 

Click for report details: http://www.radiantinsights.com/research/led-lighting-market-shares-strategies-and-forecasts-worldwide-2015-to-2020 

Market shifts provide entry points for new competitors. They create significant opportunities for participants to achieve rapid increase in market share. Shifts in market share are anticipated as vendors move up the value chain to increase returns on investment.  There is a move by vendors to provide more pieces of the LED light. In this way they seek to control their margins. Vendors primarily compete with other providers of LED lighting on the basis of product performance, as measured by efficacy, light quality, increased lumen output and reliability. 

Product cost combined with an acceptable level of quality is always a competitive issue. LED vendors seek to offer LED lighting products that achieve a lower total cost of ownership and enhanced product quality. 

Visit Here For Category Report: http://www.radiantinsights.com/catalog/semiconductors 

The channel looks for a broad product portfolio. Those vendors with a broad product portfolio have access to strong retail channels. Channel strategy is further impacted by OEM relationships. A differentiated product design approach, proprietary technology and deep understanding of lighting applications aids the ability to compete in LED lighting markets.  

LED lighting decreases labor costs of replacing bulbs in commercial situations. The LED bulbs are implementing new semiconductor technology. The 2015 study has 973 pages, 406 tables and figures. Worldwide LED lighting markets are poised to achieve significant growth as buildings and communities lead the way in implementing the more cost efficient systems. In some cases, the utility plants are providing funding and financing so that lighting users can make the shift to LED lighting.

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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and  individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key  industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. 

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