The world LED market has experienced a surge in the recent past. What started as a luxurious niche segment in the market for architectural and ambient lighting has today established itself as the technology of the future for all applications. Yet the penetration of LED in the total lighting market remains low. Consumer demand remains strong only in the regions of the world that have taken active steps to implement a phase-out plan for incandescent lighting. Incandescent replacement is one of the key drivers for this market going forward. The market is concentrated in the hands of a few global participants. However, as the attractiveness of the market increases, it is expected new entrants will intensify the competition.
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World LED Lighting Market
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World LED Lighting Market
Published on April 2011
Report Summary
The world LED market has experienced a surge in the recent past. What started as a luxurious niche segment in the market for
architectural and ambient lighting has today established itself as the technology of the future for all applications. Yet the penetration of
LED in the total lighting market remains low. Consumer demand remains strong only in the regions of the world that have taken active
steps to implement a phase-out plan for incandescent lighting. Incandescent replacement is one of the key drivers for this market
going forward. The market is concentrated in the hands of a few global participants. However, as the attractiveness of the market
increases, it is expected new entrants will intensify the competition.
Table of Content
Table of Contents
Executive Summary13
Market Segmentations and Definitions 14
LED Lighting Market Overview 15
Forcefield Analysis of Drivers and Restraints 16
Growth Opportunities 17
Key Market Trends 18
Key Drivers by Region 19
Key Drivers by Application 20
Summary of Key Findings 21
Analysis of the World LED Lighting Market 22
Lighting Market Overview 23
Lamps Market Overview 24
The Evolution of Lamps 25
LED: An Overview 26
Market Engineering Measurements 27
Industry Challenges 28
Impact Analysis 29
An Explanation 30
Market Drivers and Restraints 32
Market Drivers
Supportive Legislation 34
Technical Advantages of LED Lamps 36
Low Operating and Replacement Cost and Novelty 37
Market Restraints
High Initial Investment and Technical Problems of LED Lamps 38
Dominance of Traditional Technology and Low Awareness 39
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World Market Forecasts 40
Regional Hotspots across the Globe 41
LED Applications 42
Market Share by Region and by Application 43
Market Segmentation of Indoor/Outdoor Lighting 44
Market Share of Customised/Non-Customised Lighting 45
Technology Trends
Maturity of LED 46
Emerging Developments47Competitive Trends
Supply Chain Analysis 48
Competitive Structure 49
Key Participants 50
Conclusions 51
Analysis of the North American LED Lighting Market 52
An Overview 53
Market Engineering Measurements 54
Industry Challenges 55
Market Drivers and Restraints 56
Market Drivers 57
Market Restraints 59
Market Revenue Forecasts 61
Market Trends by Application 62
Market Trends by Sub-regions 63
Technology Trends 64
Market Analysis 65
Conclusions 66
Analysis of the European LED Lighting Market 67
An Overview 68
Market Engineering Measurements 69
Industry Challenges 70
Market Drivers and Restraints 71
Market Drivers 72
Market Restraints 74
Market Revenue Forecasts 76
Market Trends by Application 77
Market Trends by Sub-regions 78
Technology Trends79
Market Analysis 80
Conclusions 81
Analysis of the Asian LED Lighting Market 82
An Overview 83
Market Engineering Measurements 84
Industry Challenges 85
Market Drivers and Restraints 86
Market Drivers 87
Market Restraints 89
Market Revenue Forecasts 91
Market Trends by Application 92
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Market Trends by Sub-regions 93
Technology Trends 94
Market Analysis 95
Conclusions 96
Analysis of the Rest-of-World's LED Lighting Market 97
An Overview 98
Market Engineering Measurements 99
Industry Challenges 100
Market Drivers and Restraints 101
Market Drivers102
Market Restraints 104
Market Revenue Forecasts 106
Market Trends by Application107
Market Trends by Sub-regions 108
Technology Trends 109
Market Analysis 110
Conclusions 111
Conclusions 112
Key Findings 113
Conclusions 114
About Frost & Sullivan 115
List of Figures
LED Lighting Market: Importance of Key Drivers by Regions (World), 2011-2017 19
LED Lighting Market: Importance of Key Drivers by Application (World), 2011-2017 20
LED Lighting Market: Impact of Top Five Industry Challenges (World), 2011-2017 29
LED Lighting Market: Market Drivers Ranked in Order of Impact (World), 2011-2017 33
LED Lighting Market: Market Restraints Ranked in Order of Impact (World), 2011-2017 33
LED Lighting Market: Comparison of Features of Lamps (World), 2010 36
LED Lighting Market: Revenue Forecasts (World), 2007-2017 40
LED Lighting Market: Competitive Structure (World), 2010 49
LED Lighting Market: Market Drivers Ranked in Order of Impact (North America), 2011-2017 56
LED Lighting Market: Market Restraints Ranked in Order of Impact (North America), 2011-2017 56
LED Lighting Market: Revenue Forecasts (North America), 2007-2017 61
LED Lighting Market: Market Drivers Ranked in Order of Impact (Europe), 2011-2017 71
LED Lighting Market: Market Restraints Ranked in Order of Impact (Europe), 2011-2017 71
LED Lighting Market: Revenue Forecasts (Europe), 2007-201 77
6LED Lighting Market: Market Drivers Ranked in Order of Impact (Asia), 2011-2017 86
LED Lighting Market: Market Restraints Ranked in Order of Impact (Asia), 2011-2017 86
LED Lighting Market: Revenue Forecasts (Asia), 2007-2017 91
LED Lighting Market: Market Drivers Ranked in Order of Impact (Rest-of-World), 2011-2017 101
LED Lighting Market: Market Restraints Ranked in Order of Impact (Rest-of-World), 2011-2017 101
LED Lighting Market: Revenue Forecasts (Rest-of-World), 2007-2017 106
List of Charts
LED Lighting Market: ForcefieldAnalysis of Drivers and Restraints (World), 2011-2017 16
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LED Lighting Market: Growth Opportunities by Region (World), 2010-2017 17
LED Lighting Market: Per Cent of Revenues by Geographical Regions (World), 2010 18
LED Lighting Market: Per Cent of Revenues by Applications (World), 2010 18
LED Lighting Market: Lighting Market Overview (World), 2010 23
LED Lighting Market: Evolution of LED Technology (World), 1800-2000 25
LED Lighting Market: Features of LED (World), 2010 26
LED Lighting Market: Market Engineering Measurements (World), 2010 27
LED Lighting Market: Key Industry Challenges (World), 2011-2017 28
LED Lighting Market: Market Drivers and Restraints (World), 2011-2017 32
LED Lighting Market: Phasing out of Incandescent Lamps (World), 2005-2014 34
LED Lighting Market: Cost Comparison of Lamps on a Scale of 1-5 (World), 2010 38
LED Lighting Market: Per Cent of Revenues by Lamps (World), 2010 39
LED Lighting Market: Awareness Quotient (World), 2010 39
LED Lighting Market: Revenue Forecasts (World), 2007-2017 40
LED Lighting Market: Regional Hotspots (World), 2010 41
LED Lighting Market: Per Cent of Revenues by Geographical Regions (World), 2007-2017 43
LED Lighting Market: Per Cent of Revenues by Applications (World), 2010 43
LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (World), 2007-2017 44
LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (World), 2007-2017 45
LED Lighting Market: Life Cycle Analysis of Lamps (World), 2010 46
LED Lighting Market: Technological Evolution of Lamps (World), 1920-2020 46
LED Lighting Market: Supply Chain Distribution (World), 2010 48
LED Lighting Market: 3-Tier structure of Competitive Scenario (World), 2010 50
LED Lighting Market: Market Engineering Measurements (North America), 2010 54
LED Lighting Market: Industry Challenges (North America), 2011-2017 55
LED Lighting Market: Revenue Forecasts (North America), 2007-2017 61
LED Lighting Market: Per Cent of Revenues by Applications (North America), 2010 and 2017 62
LED Lighting Market: Per Cent of Revenues by Geographical Regions (North America), 2010 63
LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (North America), 2010 and 2017 64
LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (North America), 2010 and 2017 64
LED Lighting Market: Relative Valuation (North America), 2010 65
LED Lighting Market: Market Engineering Measurements (Europe), 2010 69
LED Lighting Market: Industry Challenges (Europe), 2011-2017 70
LED Lighting Market: Revenue Forecasts (Europe), 2007-2017 76
LED Lighting Market: Per Cent of Revenues by Applications (Europe), 2010 and 2017
77
LED Lighting Market: Per Cent of Revenues by Geographical Regions (Europe), 2010 78
LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Europe), 2010 and 2017 79
LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (Europe), 2010 and 2017 79
LED Lighting Market: Relative Valuation (Europe), 2010 80
LED Lighting Market: Market Engineering Measurements (Asia), 2010 84
LED Lighting Market: Industry Challenges (Asia), 2011-2017 85
LED Lighting Market: Revenue Forecasts (Asia), 2007-2017 91
LED Lighting Market: Per Cent of Revenues by Applications (Asia), 2010 and 2017 92
LED Lighting Market: Per Cent of Revenues by Geographical Regions (Asia), 2010 93
LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Asia), 2010 and 2017 94
LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (Asia), 2010 and 2017 94
LED Lighting Market: Relative Valuation (Asia), 2010 95
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LED Lighting Market: Market Engineering Measurements (Rest-of-World), 2010 99
LED Lighting Market: Industry Challenges (Rest-of-World), 2011-2017 100
LED Lighting Market: Revenue Forecasts (Rest-of-World), 2007-2017 106
LED Lighting Market: Per Cent of Revenues by Applications (Rest-of-World), 2010 and 2017 107
LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Rest-of-World), 2010 and 2017 109
LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (Rest-of-World), 2010 and 2017 109
LED Lighting Market: Relative Valuation (Rest-of-World), 2010 110
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