Global LED lighting and SSL development trend forecast analysis

The chart data comes from the 2015 Light Strategy Forum meeting in Las Vegas, Nevada, USA, and Strategy Unlimited's market research brief. Stephanie Prut said that global revenue for packaged LEDs in 2014 was $15.4 billion, and analyst Phillips Morwood is expected to increase to $22.1 billion by 2019. StrategiesUnlimited senior analyst Stephanie Prut introduced the latest data packaged LED market. The LED market has grown by $800 million from 2013 to 2014. The LEDs for the lighting application display backlight market are declining, but still dominate. LED revenue from mobile devices is declining also because LED prices are falling. Automotive interior applications are already saturated with LEDs, but the appearance of the application market has huge growth potential. Appearance of the application will drive LED revenue from automotive revenue growth in packaged LED applications. The biggest is lighting, especially general lighting. In 2014, General Lighting accounted for 75 of the entire lighting market. StrategiesUnlimited's forecast points out that the state of the lighting market in the year of 2019 will become general lighting, and the demand for replacement lamps is expected to become the top predator of LEDs in a larger range. High-power LEDs in the LED class will fall in total revenue share. All types of LEDs will grow in the replacement market. Medium-power LEDs will make large LED revenues in commercial lighting and specific ceiling troffer applications. COBLED continues to grow as the most growth-oriented application in the world The chart below is from Strats-Mulwood, an analyst at StrategiesUnlimited, who introduced the research on the light bulb and lighting market. He introduced about 45 billion lamps installed around the world, of which about 9 billion are incandescent products, and are expected to drop to less than 2 billion by 2020. Even by 2022, various types of light sources will be used around the world. Incandescent lamps will be slowly declining in North America. The new shipments of such products have also plummeted because of the rise in shipments of LED lamps. . In his report, global LED lamps accounted for only 5 of the total lighting market in 2014, and it is predicted that the penetration rate will rise to 28 in 2018 and 52 in 2022. Although these figures sound low, the total lighting market here. , including lamps and fluorescent lights, they will remain the mainstay of the market. In fact, Smallwood predicts that fluorescent tubes will still account for more than 20 lamp shipments in 2022. In the next four years, global lighting revenue will reach a peak. Due to the long life of LED products, the market will gradually become saturated. The global lighting market will grow slowly in 2022, but LED-based products will occupy an increasing share.

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