This research service titled World LED Lighting Market provides competitive market analysis and examines geographic trends. In this research, expert analysts thoroughly examine the following markets: North America, Europe, Asia and the Rest-of-World. Included is an examination of commercial and industrial, retail and hospitality, residential, public, street and architectural lighting applications.

Technological Advances Light Up Future Prospects of LEDs

From a mere 3 per cent penetration in the lighting technologies market, light emitting diodes (LEDs) are set to grow into the most dominant lighting technologies in the future. On-going technological developments will enable suppliers to tap into all applications from functional lighting indoors to the already established markets of architectural and street lighting. The world LED market will expand strongly, driven largely by improvements in technology. Such advances will enable their wider application in illumination and will be further reinforced by measures adopted by authorities to support energy efficient lighting.

In Europe and North America, measures have been adopted to phase out incandescent lighting or impose minimum efficiency criteria on lighting technologies. This will lead to incandescent lighting being replaced by more energy-efficient equivalents such as LEDs. Simultaneously, suppliers across the globe are undertaking to improve the quality of LED lamps by enhancing their efficiency, quality of light output, colour rendition and thermal management. Thus, LED lamps are set to become better equipped for use in functional lighting across all building sectors, even as public authorities reinforce the need to employ them.

Focus on Improving Quality to Combat High Cost Factor and Encourage End-user Adoption

While the improvement in LED is likely to make it a better technology in the long run, it remains the most expensive lighting technology in the market. Currently, the price difference between LED lamps and other energy-efficient technologies such as compact fluorescent lamp (CFL) is significant. Although such price differences are anticipated to narrow over time, it is still likely to dampen more widespread adoption by end users. The market for indoor lighting – both residential and commercial – is price sensitive. These segments are untapped and offer considerable potential for future growth. LEDs, being energy efficient involve lower maintenance costs for the user. However, the initial investment is very high and thus restrains uptake. Unless suppliers can work on reducing prices, market growth could be hampered.

However, price reduction is difficult till economies of scale enter the market. Instead, suppliers could focus on providing better quality lamps – that is lamps with increased lumens per watt – at the prevailing prices, so that payback period on the investment is reduced and the product becomes competitive with competing energy-efficient technologies. At the same time, manufacturers and distributors will need to work together to increase consumer awareness about the benefits of using LEDs and the energy savings that could result in the long run from its adoption. Emphasis on the fact that LEDs are likely to enable the user to achieve the lowest maintenance cost needs to be highlighted, so that the initial cost is not perceived as a hurdle in adopting LEDs. The technical advantages of LED need to be highlighted. Equally important is the need to stress on the long-life of the lamp.

Market Sectors

Expert analysts thoroughly examine the following application sectors in this research:

• Commercial & industrial
• Retail & hospitality
• Residential
• Public
• Street
• Architectural

By Geographical Region

• North America
• Europe
• Asia
• Rest-of-World (RoW)

TABLE OF CONTENTS

1. Executive Summary
   1.1 Market Segmentations and Definitions
   1.2 LED Lighting Market Overview
   1.3 Forcefield Analysis of Drivers and Restraints
   1.4 Growth Opportunities
   1.5 Key Market Trends
   1.6 Key Drivers by Region
   1.7 Key Drivers by Application
   1.8 Summary of Key Findings

2. Analysis of the World LED Lighting Market
   2.1 Lighting Market Overview
   2.2 Lamps Market Overview
   2.3 The Evolution of Lamps
   2.4 LED: An Overview
   2.5 Market Engineering Measurements
   2.6 Industry Challenges
       a. Impact Analysis
       b. An Explanation
   2.7 Market Drivers and Restraints
   2.8 Market Drivers
       a. Supportive Legislation
       b. Technical Advantages of LED Lamps
       c. Low Operating and Replacement Cost and Novelty
   2.9 Market Restraints
       a. High Initial Investment and Technical Problems of LED Lamps
       b. Dominance of Traditional Technology and Low Awareness
   2.10 World Market Forecasts
   2.11 Regional Hotspots across the Globe
   2.12 LED Applications
   2.13 Market Share by Region and by Application
   2.14 Market Segmentation of Indoor/Outdoor Lighting
   2.15 Market Share of Customised/ Non-Customised Lighting
   2.16 Technology Trends
       a. Maturity of LED
       b. Emerging Developments
   2.17 Competitive Trends
       a. Supply Chain Analysis
       b. Competitive Structure
       c. Key Participants
   2.18 Conclusions

3. Analysis of the North American LED Lighting Market
   3.1 An Overview
   3.2 Market Engineering Measurements
   3.3 Industry Challenges
   3.4 Market Drivers and Restraints
   3.5 Market Drivers
   3.6 Market Restraints
   3.7 Market Revenue Forecasts
   3.8 Market Trends by Application
   3.9 Market Trends by Sub-regions
   3.10 Technology Trends
   3.11 Market Analysis
   3.12 Conclusions

4. Analysis of the European LED Lighting Market
   4.1 An Overview
   4.2 Market Engineering Measurements
   4.3 Industry Challenges
   4.4 Market Drivers and Restraints
   4.5 Market Drivers
   4.6 Market Restraints
   4.7 Market Revenue Forecasts
   4.8 Market Trends by Application
   4.9 Market Trends by Sub-regions
   4.10 Technology Trends
   4.11 Market Analysis
   4.12 Conclusions

5. Analysis of the Asian LED Lighting Market
   5.1 An Overview
   5.2 Market Engineering Measurements
   5.3 Industry Challenges
   5.4 Market Drivers and Restraints
   5.5 Market Drivers
   5.6 Market Restraints
   5.7 Market Revenue Forecasts
   5.8 Market Trends by Application
   5.9 Market Trends by Sub-regions
   5.10 Technology Trends
   5.11 Market Analysis
   5.12 Conclusions

6. Analysis of the Rest-of-World’s LED Lighting Market
   6.1 An Overview
   6.2 Market Engineering Measurements
   6.3 Industry Challenges
   6.4 Market Drivers and Restraints
   6.5 Market Drivers
   6.6 Market Restraints
   6.7 Market Revenue Forecasts
   6.8 Market Trends by Application
   6.9 Market Trends by Sub-regions
   6.10 Technology Trends
   6.11 Market Analysis
   6.12 Conclusions

7. Conclusions
   7.1 Key Findings
   7.2 Conclusions

8. About Frost & Sullivan

LIST OF FIGURES

    LED Lighting Market: Importance of Key Drivers by Regions (World), 2011-2017
    LED Lighting Market: Importance of Key Drivers by Application (World), 2011-2017
    LED Lighting Market: Impact of Top Five Industry Challenges (World), 2011-2017
    LED Lighting Market: Market Drivers Ranked in Order of Impact (World), 2011-2017
    LED Lighting Market: Market Restraints Ranked in Order of Impact (World), 2011-2017
    LED Lighting Market: Comparison of Features of Lamps (World), 2010
    LED Lighting Market: Revenue Forecasts (World), 2007-2017
    LED Lighting Market: Competitive Structure (World), 2010
    LED Lighting Market: Market Drivers Ranked in Order of Impact (North America), 2011-2017
    LED Lighting Market: Market Restraints Ranked in Order of Impact (North America), 2011-2017
    LED Lighting Market: Revenue Forecasts (North America), 2007-2017
    LED Lighting Market: Market Drivers Ranked in Order of Impact (Europe), 2011-2017
    LED Lighting Market: Market Restraints Ranked in Order of Impact (Europe), 2011-2017
    LED Lighting Market: Revenue Forecasts (Europe), 2007-2017
    LED Lighting Market: Market Drivers Ranked in Order of Impact (Asia), 2011-2017
    LED Lighting Market: Market Restraints Ranked in Order of Impact (Asia), 2011-2017
    LED Lighting Market: Revenue Forecasts (Asia), 2007-2017
    LED Lighting Market: Market Drivers Ranked in Order of Impact (Rest-of-World), 2011-2017
    LED Lighting Market: Market Restraints Ranked in Order of Impact (Rest-of-World), 2011-2017
    LED Lighting Market: Revenue Forecasts (Rest-of-World), 2007-2017

LIST OF CHARTS

    LED Lighting Market: Forcefield Analysis of Drivers and Restraints (World), 2011-2017
    LED Lighting Market: Growth Opportunities by Region (World), 2010-2017
    LED Lighting Market: Per Cent of Revenues by Geographical Regions (World), 2010
    LED Lighting Market: Per Cent of Revenues by Applications (World), 2010
    LED Lighting Market: Lighting Market Overview (World), 2010
    LED Lighting Market: Evolution of LED Technology (World), 1800-2000
    LED Lighting Market: Features of LED (World), 2010
    LED Lighting Market: Market Engineering Measurements (World), 2010
    LED Lighting Market: Key Industry Challenges (World), 2011-2017
    LED Lighting Market: Market Drivers and Restraints (World), 2011-2017
    LED Lighting Market: Phasing out of Incandescent Lamps (World), 2005-2014
    LED Lighting Market: Cost Comparison of Lamps on a Scale of 1-5 (World), 2010
    LED Lighting Market: Per Cent of Revenues by Lamps (World), 2010
    LED Lighting Market: Awareness Quotient (World), 2010
    LED Lighting Market: Revenue Forecasts (World), 2007-2017
    LED Lighting Market: Regional Hotspots (World), 2010
    LED Lighting Market: Per Cent of Revenues by Geographical Regions (World), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Applications (World), 2010
    LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (World), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (World), 2007-2017
    LED Lighting Market: Life Cycle Analysis of Lamps (World), 2010
    LED Lighting Market: Technological Evolution of Lamps (World), 1920-2020
    LED Lighting Market: Supply Chain Distribution (World), 2010
    LED Lighting Market: 3-Tier structure of Competitive Scenario (World), 2010
    LED Lighting Market: Market Engineering Measurements (North America), 2010
    LED Lighting Market: Industry Challenges (North America), 2011-2017
    LED Lighting Market: Revenue Forecasts (North America), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Applications (North America), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Geographical Regions (North America), 2010
    LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (North America), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (North America), 2010 and 2017
    LED Lighting Market: Relative Valuation (North America), 2010
    LED Lighting Market: Market Engineering Measurements (Europe), 2010
    LED Lighting Market: Industry Challenges (Europe), 2011-2017
    LED Lighting Market: Revenue Forecasts (Europe), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Applications (Europe), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Geographical Regions (Europe), 2010
    LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Europe), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (Europe), 2010 and 2017
    LED Lighting Market: Relative Valuation (Europe), 2010
    LED Lighting Market: Market Engineering Measurements (Asia), 2010
    LED Lighting Market: Industry Challenges (Asia), 2011-2017
    LED Lighting Market: Revenue Forecasts (Asia), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Applications (Asia), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Geographical Regions (Asia), 2010
    LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Asia), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Customised-Non-Customised Lighting (Asia), 2010 and 2017
    LED Lighting Market: Relative Valuation (Asia), 2010
    LED Lighting Market: Market Engineering Measurements (Rest-of-World), 2010
    LED Lighting Market: Industry Challenges (Rest-of-World), 2011-2017
    LED Lighting Market: Revenue Forecasts (Rest-of-World), 2007-2017
    LED Lighting Market: Per Cent of Revenues by Applications (Rest-of-World), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Indoor-Outdoor Lighting (Rest-of-World), 2010 and 2017
    LED Lighting Market: Per Cent of Revenues by Customised -Non-Customised Lighting (Rest-of-World), 2010 and 2017
    LED Lighting Market: Relative Valuation (Rest-of-World), 2010