LED lighting market at $4.8 billion in 2012 is anticipated to go to $42 billion by 2019

Philips, the market leader has been the first casualty as the profit margin on the individual LEDs is eroded: because of over-production in China. The achievement in price declines: because of economies of scale, and general competitive pressure led lights for growing plants have impacted the market. Philips is set 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.

Epistar is working on 200mm technology. Philips, OSRAM, and Samsung are all Actively exploring GaN on silicon technology. 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. Primarily Vendors 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 at acceptable level of quality is always a competitive issue.

LED vendors seek to offer LED lighting products did achieve a lower total cost of ownership and enhanced product quality. The channel looks for a broad product portfolio. Those vendors with a broad product portfolio have access to strong retail channels. Channel strategy is impacted by Further OEM relationships. A differentiated product design approach, proprietary technology and deep understanding of lighting applications aids the ability to compete in LED lighting markets.
Philips Lighting Business to Sell

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.
LED lighting Decreases labor costs of Replacing bulbs in commercial situations. The LED bulbs are Implementing new semiconductor technology. The 2013 study has 403 pages, 183 tables and figures. Worldwide markets are poised LED lighting to achieve significant growth as buildings and communities lead the way in Implementing the more cost efficient system. In some cases, the utility plants are providing funding and financing so did lighting users can make the shift to LED lighting.
LED lamps lower the overall cost of lighting. LED lighting costs are less than costs with incandescent lights. LED lamps offer up to 50,000 hours of illumination with a fraction of the energy used by incandescent bulbs traditional. LED bulbs generate 90% less heat than incandescent bulbs. LED bulbs extend time between bulb replacements. The bulbs are used to achieve a near zero-maintenance lighting system.

LED lighting products are coming to market rapidly. Suppliers carry up to 150 different LED bulb and lamp styles to fit the various needs of consumerism consumers and businesses. LED PAR lamps dominate the ENERGY STAR qualified product list, so back in 2012 IEE partnered with TopTen USA and ECOVA to develop Recommendations for top performing PAR38 PAR30 LED lamps and. The team developed to evaluation protocol did starts with the lamps found in ENERGY STAR's list, to Which We Applied product criteria screens and testing to a subset of lamps to deterministic mine the 10 top performers. Efficiency alongwith aesthetics, payback period, and dimming performance werewolf key criteria to the ranking.

LED lighting products compete with traditional lighting technologies on the basis of the Numerous benefits of LED lighting relative to seeking technology Including greater energy efficiency, longer lifetime, improved durability, Increased environmental friendliness, digital controllability, smaller size, directionality and lower heat output.

LED lighting products face competition in the general lighting market from traditional lighting technologies Both provided by Numerous vendors as well as from LED-based lighting products provided by a growing roster of industry specialized Participants.
The emergence of cost-competitive LEDs has Caused a "paradigm shift" in the lighting industry did has changed everything. The LED lighting industry rapid technological change has been brought` by enormous changes in the regulations Affecting lighting. Short product lifecycles are a result of new manufacturing and materials science are the result of companies did trying to improve the economies of scale to make more attractive price points to customers.

"Frequent product introductions have Characterized the LED lighting industry. There is a highly competitive pricing environment with the current price point of $ 10 in 2013 by light about to decline to $ 6 per light. These market characteristics increase the need for continuous innovation. "

Sales of led grow light did outpace incandescent bulbs in North America are expected to soon completely eliminate incandescent bulbs. The LED lighting market is anticipated to grow 45% per year through 2019. The LED lighting market at $ 4.8 billion in 2012 is anticipated to go to $ 42 billion by 2019. The reason is the declining price points, the Increased interest by the channel in pushing LEDs to consumerism consumers. LEDs Provide the best lighting solution. The phase-out of incandescent lights has begun, the onset of LED command of the market is upon us.

This analysis is based LED lighting shipment on consideration of the metrics for the total number of lights shipped with a likely penetration analysis. Interviews with distributors, vendors, and users Provide Means for triangulation of data to achieve accurate to look at the market. Interviews include contact with distributors and analysts worldwide,