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- Date Published
Nationstar Breaks into LED Top 10, According to new IHS Markit RankingsSeptember 28, 2017After narrowly missing out on entering IHS Markit’s top 10 for 2016 and Q1’17, Nationstar has broken into the top 10 packaged LED rankings for Q2’17.
Lighting Is Not Driving LED Growth in 2017August 21, 2017Strong growth in packaged LED lighting revenue from 2007 to 2014 was the result of consumers replacing incandescent and fluorescent lighting with LED lighting. However, price erosion due to competition and the trend toward less robust, inexpensive 2835 packages caused revenues to decline by 9 percent in 2015, and 1 percent in 2016. Starting in 2017, revenue growth is expected to increase by 3 percent as prices settle.
The Unseen Revolution: LED LightingAugust 15, 2017Despite the fall in prices witnessed over the last five years, LED lamps are estimated to have accounted for only 10.2 percent of global lamp shipments in 2016. However, IHS Markit estimates that by the end of 2022 LED lamps will make up more than 50 percent of global lamp shipments, and reach 70.1 percent of global lamp shipments by the end of 2024.
Smart lighting and connected lighting controls market to double by 2020December 19, 2016The world market for smart lighting and connected lighting controls was valued at $6 billion in 2015, and is forecast to more than double in size by 2020, according to a new report from IHS Markit. The smart lighting market is being driven by the IoT, as lighting companies look beyond the transition to LED lighting and look to leverage the unique position lighting holds within the IoT.
Infrared LED Global Revenue is Growing Faster than Overall Infrared ComponentsAugust 16, 2016Increased adoption of biometrics security in mobile phones, close-circuit television and other consumer applications has spurred revenue growth in the global market for infrared LEDs, from $201.5 million in 2014 to $241.4 million in 2015. While infrared LEDs grew 19.8 percent year over year in 2015, the overall infrared components market declined 9 percent. Osram, Everlight and Vishay were the leading suppliers in 2015.
RESEARCH NOTE - Mobile Phone LED Market Expected to Decline 2.6 Percent, from 2015 to 2021July 19, 2016Following is the latest information and insight on the mobile phone LED market, from the IHS Markit LED Intelligence Service. Please feel free to quote directly from the Research Note below.
RESEARCH NOTE - 2015 LED Lighting Forecast Was Revised down by 7 Percent to $6.6 BillionJuly 14, 2016The following Research Note provides analysis on the IHS quarterly LED supply and demand forecast.
RESEARCH NOTE - 2015 Packaged LED Market Share Ranking: Lumileds on the RiseJuly 14, 2016IHS Technology analysis and commentary on the latest packaged LED company rankings from the LED Intelligence Service follows.
RESEARCH NOTE - Sapphire Substrate Continues to Dominate LED MarketJuly 13, 2016Analysis and commentary on the market for LED substrates, based on the latest information from the IHS LED Intelligence Service follows.
Can the Government of India bring the LED bulb price down to INR 44 ($0.65 U.S.)?February 11, 2016Under the Domestic Efficiency Lighting Program (DELP) scheme, the Government of India procures LED bulbs through competitive bidding and provides them to consumers at lower prices compared to retail price. India has set up Energy Efficiency Services Limited (EESL) to facilitate the implementation of energy efficiency projects, and EESL is driving this competitive bidding process.
G.E. slowly phasing out CFL bulbs in favor of LEDFebruary 08, 2016GE has announced plans to phase out the sale and production of compact fluorescent lightbulbs (CFLs) across the United States by the end of 2016, focusing instead on marketing LED lightbulbs. CFL bulbs were used as replacement bulbs for banned incandescent bulbs, and were widely used in energy-efficiency programs, because the price of LED bulbs was comparatively high.
Philips and Cisco working together on the Internet of Things and Power over EthernetDecember 16, 2015Royal Philips and Cisco announced on Wednesday a global strategic alliance aimed at addressing the Internet of things (IoT) in the commercial office lighting market. The commercial office lighting market has been a stable but fast growing market for some time; however with Philips (the world’s largest provider of commercial lighting products) and Cisco (the world’s largest provider of commercial networked products) now aligned, it could signal a significant shift in the direction for the industry.
GE’s $10 LED Bulbs: A Death Knell for CFLs?December 15, 2015The age of compact fluorescent lamps (CFLs) may be coming to a close after GE Lighting’s low-cost light emitting diode (LED) release has pushed the lighting industry to a tipping point.
LEDs address concerns of efficient street lightingDecember 15, 2015Light emitting diodes (LED) have made a splash in indoor lighting wherever it makes economic sense. Now, Street Lighting is attracting LEDs as a more efficient alternative to lighting technology in the outside environment.
The Human Side of LightingDecember 15, 2015Artificial light has historically served humans well. It has helped extend the usable parts of the day and view in the dark. However, until now, something critical has been missing from the functional specifications of bulbs, lamps and controls; the important interaction between light and human mood, cognitive function and natural sleep-wake patterns.
Key trends from LuxLive 2015November 25, 2015This year’s LuxLive show was dominated by smaller companies, as many of the larger players were conspicuous in their absence. Smart lighting was still a major topic at the show, with many companies exhibiting their latest connected lamps and luminaires.
Chinese Market for Packaged LEDs to Grow at Single-Digit Annual RateNovember 24, 2015Due to oversupply and price competition between suppliers of lighting LEDs, IHS forecasts the total Chinese market for packaged LEDs to grow at single digit annual rate. The total Chinese market for packaged LEDs was $6.7 billion in 2014, with $3.8 billion for the lighting application, according to the latest data in the Packaged LEDs Report – China – 2015, a part of IHS LED Intelligence Service.
Smart street light deployments play key role in enabling smart city growthNovember 17, 2015Although many cities are interested in using new technology to cope with the challenges of growing urban populations, the initial cost of implementing these projects often presents difficulties. Cities are therefore more likely to invest in projects that help reduce costs and offer a tangible return-on-investment. Smart street lighting projects are attractive to cities...Subscribers Only
Red-Hot Infrared GrowthOctober 29, 2015The industrial sector led growth in infrared market revenue, which is provisionally projected to grow 7 percent (in $US) in 2015, led by growth in the closed-circuit television (CCTV) camera market. Factory automation light curtains and smoke detectors are also important products in this area.
From Retail to Offices to Transportation, LED Lighting Needs Vary Widely by SectorSeptember 29, 2015A recent series of three reports from IHS found that the needs for lighting vary greatly by sector. Security is a significant watchword in transportation, increasing sales is important in retail and the up-front and lifetime costs of installation, electricity and maintenance is critical in office environments. Each of the following three areas offers a similar opportunity, but each requires different marketing strategies to win: