【Lighting Market Trend – Residential lighting market trend】
According to LEDinside, observed from the 2013 regional residential lighting market development, the Chinese market proportion will increase from 19% in 2012 to 24%, becoming the fastest-growing regional market. In terms of the European market, the implementation of comprehensive ban of incandescent lamps and the economic recovery after the European debt crisis gradually had a positive impact on LED light bulb market, and the LED light bulb market penetration rate is expected to increase.
In view of the users and using habits of LED lighting products, LED lighting can bring more energy efficiency compared to conventional lighting. Hence, LED lighting penetration rate increases more quickly in commercial lighting, industrial lighting and outdoor lighting, because energy-saving demand in those applications is higher, and all users are professional.
Residential LED Lighting Market in 2012
Source: LEDinside
Residential lighting is mainly targeted for the general consumers, except that their awareness of the LED lighting is not high, they are more sensitive to the initial investment cost. Therefore, LED lighting penetration rate of residential lighting relatively lags behind that of other application areas.
In contrast to LED commercial lighting, LED residential lighting is characterized by diverse consumers that are more sensitive to prices; lower power products are needed; and low gross profits for lighting manufacturers. Therefore, as LED lighting becomes popular, manufacturers need to carefully develop each market segment and consumer habits, and stringently control costs and product quality. Especially, in the beginning when prices decline rapidly and consumer habits are constantly changing, manufacturers can easily miss out opportunities to quickly establish sales channels and product popularity if they do not use low price strategies to enter the market.
【Automotive Lighting Market Development Trend- Trends in the LED Rear Combination Lamp (RCL) Market】
RCL composes of tail lights, brake lights and direction lights. Regulations require high brightness for brake and direction lights, while tail lights require lower brightness.
Taking into consideration factors such as cost and aesthetics, the majority of RCL design is composed of conventional lamps and LEDs. Market share of the design with conventional amp and LEDs gradually decreased in 2013, while shares of RCL using solely LEDs increased.
2011 LED For RCL Application (Volume)
Source: LEDinside
【LED Backlight Market Development Trend- Analysis of Second Generation LED TV’s Added Value And New LED Materials】
Quantum dot became an important new LED technology that display and package manufacturers are focused on in 2H13 and 1H14 to create market segmentation, and improve color saturation by using either QD LED tubes or optical films. Under the pretext of competitive pricing in display applications, it’s important for companies to lower product costs. For example, manufacturers should reduce the costs of 4K2K TV to 1.3 times or below the price of same sized HD TV, and control the price of QD TVs at 1.5 times or below of HD TV. This measure can greatly increase sales performance.
TV Price List (LED TV v.s. QD TV)
Source: LEDinside
[LED lighting market development – Outline]
Residential Lighting Market Outlook
North America
Europe
Japan
China
Emerging Markets: Taiwan / Thailand
Taiwan
Thailand
Appendix: Bulb Specification In Major Regions
USA
Europe
Japan
China
Taiwan (LED Packaging Manufacturer’s Supply Chain)
【Automotive Lighting Market Development Trend-Outline】
Car Market Demand
RCL Development History And Driving Forces
LED Development In RCL Application
Trend In Penetration Rate of Conventional Lamps And LED Lamps in The RCL Market
【LED Backlight Market Development Trend- Outline】
Analysis of Second Generation LED TV’s Added Value And New LED Materials
4K2K TV
QD TV
EMC
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Joanne Wu joannewu@trendforce.com +886-2-7702-6888 ext. 972 |
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Sara Fan sarafan@sz.dramexchange.com +86-755-8283-8931 |
Allen Li AllenLi@trendforce.com +86-21-6439-9830 ext. 608 |