Taipei, Tuesday, August 4, 2015 09:44 (GMT+8)
partly cloudy
Taipei
31°C
LED lighting uptake to rise sharply in 2012 and reach 25% by 2014, says a new report from Digitimes Research
Press release, February 21; Rodney Chan, DIGITIMES [Tuesday 21 February 2012]

Taipei, Taiwan - Growing concerns about energy and emissions are driving a revolution in the lighting sector, according to a new report from Digitimes Research. Advances in technology and falling prices will see the global penetration rate of LED lighting rise from a mere 1.5% as recently as 2009 to 11.6% in 2012, reaching 25.8% by 2014.

This change is nowhere more apparent than in Japan, where power shortages following the earthquake and tsunami of March 2011 have spurred both the public and private sector to seek ways of reducing energy consumption. To this end, Japan has set a target of achieving a 50% LED lighting penetration rate by 2015; this may sound ambitious, but Digitimes' research shows that the country is likely to easily meet the 2015 goal. Other nations including South Korea and China have also set significant LED lighting targets for 2015.

Japan's LED lighting sector is also booming, with both household names like Panasonic and Toshiba and smaller players such as Koizumi seeing sharp growth in LED lighting sales. South Korean giants Samsung and LG are stepping up efforts to seize market share in Europe and North America and restructuring their LED businesses, while Siemens' subsidiary Osram seems likely to become the subject of Germany's largest IPO since Deutsche Post. US giant Cree and Philips, by contrast, are making a major push into China, both in terms of manufacturing and sales.

For detailed analysis of the major trends and players in the global LED lighting market, see Digitimes Research's new Special Report, "Trends in the high-brightness LED lighting market."

About DIGITIMES Research

DIGITIMES Research is the research arm of DIGITIMES Inc., Taiwan's leading high-tech media outlet. Operating as an independent business unit, DIGITIMES Research focuses on monitoring key high-tech industries, while also guiding clients toward suitable new business as well. Market intelligence and analysis is provided to more than 1,000 corporate customers worldwide. Research and consulting services cover a full range of industries, including information and communications technology (ICT), flat panel display (FPD), renewable energy and semiconductor design and manufacturing.

Contacts:

Michael McManus (Michael.mcmanus@digitimes.com)
Shannen Yang (Shannen.yang@digitmes.com)

LED lighting value

Source: Digitimes Reseach, February 2012

Realtime news
  • LanMark posts profit for 1H15

    Bits + chips | 12h 38min ago

  • Samsung Pay to be released in September, say reports

    Mobile + telecom | 12h 40min ago

  • Global chip sales rise 2% in 2Q15, says SIA

    Bits + chips | 12h 42min ago

  • China market: New energy vehicle sales and production climbing

    Green energy | 12h 44min ago

  • Motech suffers net losses in 2Q15

    Green energy - Stockwatch | Aug 3, 20:58

  • Digitimes Research: China market shows mixed pricing trends for July 7W, 9W LED light bulbs

    LED | Aug 3, 20:27

  • Taiwan market: Xiaomi to open retail outlet

    Before Going to Press | 12h 27min ago

  • Digitimes Research: Taiwan handset shipments to drop in 3Q15, 4Q15

    Before Going to Press | 12h 40min ago

  • Taiwan market: Acers sees strong sales at TCAS

    Before Going to Press | Aug 3, 20:59

  • Catcher capacity is not harmed from recent employee protest, says company

    Before Going to Press | Aug 3, 20:44

  • Elan, Precise Biometrics tie up for fingerprint sensor devices

    Before Going to Press | Aug 3, 20:40

  • Inspection service company Sporton posts revenue growth in July

    Before Going to Press | Aug 3, 20:23

  • HP says business separation not affecting ordering system

    Before Going to Press | Aug 3, 20:23

  • China makers could surpass Korea in small- to medium-size AMOLED capacity by 2018

    Before Going to Press | Aug 3, 20:03

  • Makers optimistic about handset panel shipments to China in 2H15

    Before Going to Press | Aug 3, 20:02

  • Ichia sees decreased July revenues

    Before Going to Press | Aug 3, 19:27

  • Demand for low-efficiency PV modules comes out in US market

    Before Going to Press | Aug 3, 19:25

  • China market: Huawei offers business-use cloud computing services

    Before Going to Press | Aug 3, 19:23

  • Digitimes Research: RT Works launches Robot Assist Walker RT. 1

    Before Going to Press | Aug 3, 19:09

  • Digitimes Research: Global tablet shipments to decline 15% on year and reach 52 million units in 3Q15

    Before Going to Press | Aug 3, 19:07

Pause
 | 
View more
Developments in the UV LED industry
2015 China smartphone panel trend forecast
2015 global notebook demand forecast
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.