IMS Research Extends Industry’s Most Detailed Lighting Forecast to 2020 in New Release
Date: 21 September 2011

IMS Research has extended its global lighting (lamps and luminaires) market and installed based forecasts through 2020. This new release of The World Market for Lamps & Luminaires in General & Exterior Lighting is now available to both new and existing customers.

In lighting, LEDs are continually improving in efficiency and with the quantity and quality of light they emit, all while decreasing in cost. It is predicted that by 2015, LEDs will produce greater than 180 lumens per watt.  Additionally, the development of several new methods of dispersing the directional light of LEDs is creating new lighting products that can better mimic current lighting technologies. 

The greatest impact from these improvements is that LED lighting will not be boxed into niche lighting markets, but in the long run should be able to penetrate all viable lighting markets that currently use an array of different technologies.  

The quick adoption rate of LEDs in conjunction with their long life will have a profound effect on the global lighting market in the near future. As more and more sockets are filled with LEDs the market for replacement lamps and luminaires will decrease.  This is in conjunction with the year-on-year decrease in prices for both LED lamps and luminaires, leading to market growth slowing in 2013 and decreasing in 2014.  By 2020, it is forecasted that LEDs will make up 70% of the lighting market, but growth will have stalled at 2%.

These extended forecasts are extremely valuable for all parties interested, directly or indirectly, in entering the lighting market. The extended forecast will allow organizations to better see the effect of low LED replacement rates and decreasing product prices on the overall market through the next decade.

About the current World Market for Lamps & Luminaires in General & Exterior Lighting Report

The report provides trends, detailed revenue, unit shipments and ASP analysis of 5 lamp and luminaire technologies (Incandescent, CFL, fluorescent, HID and LED) by region (North America, Latin America, Western Europe, Rest of EMEA, Japan, China, Rest of APAC). Analysis on the world installed base for lamps and luminaires, including a forecast through 2020 is broken down by region, technology and application (Hospitality, office, retail, healthcare, warehouse/storage, manufacturing/industrial, other, outdoor-street and residential).

For further information on this report please go to http://www.ledmarketresearch.com/product-details.php?pID=MTI=#top.

Editors Note :

For more information please contact: Philip Smallwood Lighting Market Analyst Philip.smallwood@imsresearch.com (512)302-1977

About IHS Inc. (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,600 people in more than 30 countries around the world.

About IMS Research:

IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, custom research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea, and Japan. To find out more, contact IMS Research: enquiries@imsresearch.com; T: +44 (0) 1933 402255; http://imsresearch.com

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