1. Copyright ©2008-2017 BROS International Co., Limited
www.BROSled.com Tel:+86-20-28177560 Email: led@BROSled.com
Room 705, Taifeng Building, No. 38 Dongsheng North Street, Wanggang, Baiyun District, Guangzhou, 510440, China
Future-oriented LED Light 1 / 1
LED Penetration of the Global Lighting Market from 2010 to 2020
This statistic represents the estimated LED market penetration between 2010 and 2020. In 2020, light-emitting diodes are
expected to reach a penetration into the lighting market of approximately 61 percent.
LED lighting
Since they use only a fifth of the electricity required by a comparable incandescent bulb, light emitting diodes (LEDs) are
currently among the most energy-efficient light sources in the world. The world’s leading light bulb-makers - GE Lighting,
Osram and Philips – are facing tough competition from consumer-electronics firms, particularly Asia’s Samsung, LG and
Sharp, as well as from specialized LED manufacturers such as Cree and Veeco.
As more and more countries are getting close to phasing out conventional bulbs, LEDs are continuing their march to the
top of the market. The global lighting market can be broken down into the following segments: general lighting,
automotive lighting and backlighting. In the backlighting segment, revenue growth is expected to stagnate due to the
increased use of organic light emitting diode (OLED) technologies. The market share of OLEDs in smartphone and television
displays is set to experience accelerated growth at the expense of LED and liquid crystal displays. Lighting companies are
trying to capture different market segments through product diversification and technological advancements. The U.S. and
India markets are expected to experience the most growth.
The high price of light emitting diode packages remains a drawback, although it holds true that price erosion is happening
in the field. There are various factors driving the decline in prices, including over-investment in manufacturing capacity and
the slowing demand in the backlighting segment.
