DUBLIN, January 23, 2015 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/z9p3lz/led_lighting) has announced the addition of Wintergreen Research, Inc's new report "LED Lighting: Market Shares, Strategies, and Forecasts, Worldwide, 2015 to 2020" to their offering.
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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. 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. 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.
Key Topics Covered:
LED Market Shares
LED Lighting Market Forecasts
1. LIGHT EMITTING DIODE (LED) LIGHTING MARKET DYNAMICS AND MARKET DESCRIPTION
2. LIGHT EMITTING DIODE (LED) LIGHTING MARKET SHARES AND MARKET FORECASTS
3. LED LIGHTING PRODUCT DESCRIPTION
4 LED LIGHTING TECHNOLOGY
5 LED LIGHTING COMPANY DESCRIPTION
Companies Mentioned:
Market Leaders:
Market Participants:
For more information visit http://www.researchandmarkets.com/research/z9p3lz/led_lighting
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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