Taipei, Wednesday, January 18, 2017 03:16 (GMT+8)
rain
Taipei
19°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
  • Digitimes Research: Samsung introduces IoT gateway solutions

    Before Going to Press | 5h 11min ago

  • Digitimes Research: KDDI au sets up smart drone platform, Rakuten Mobile launches drone in Japan market

    Before Going to Press | 5h 12min ago

  • Xiaomi to launch notebook with magnesium-lithium chassis in 2017

    Before Going to Press | 5h 13min ago

  • Taiwan market: Largan Medical aims at 2,000 chain stores, to double sales in 2017

    Before Going to Press | 5h 15min ago

  • Plus One Marketing sells 4.0 million smartphones globally in fiscal 2016, says Nikkei

    Before Going to Press | 5h 16min ago

  • Samsung Electronics, LG Electronics adopt thermal pipes for smartphones to be launched in 2017

    Before Going to Press | 5h 18min ago

  • China aims at 2020 output of 2.0 million new energy vehicles, says MIIT

    Before Going to Press | 5h 21min ago

  • China adds 34.24MWp of PV capacity in 2016, says NEA

    Before Going to Press | 5h 22min ago

  • SMIC sampling 40nm ReRAM chips

    Before Going to Press | 6h 29min ago

  • Taiwan market: Sony Mobile ramps up share of high-end Android smartphone segment

    Before Going to Press | 6h 29min ago

  • Chassis maker Nishoku to see revenues grow 5-10% in 2017

    Before Going to Press | 6h 30min ago

  • GaAs foundry Wavetek positive about semiconductor market

    Before Going to Press | 6h 31min ago

  • Connector maker Lotes to build new plant in Guangzhou

    Before Going to Press | 6h 32min ago

  • Yangtze River Storage developing 3D NAND flash

    Before Going to Press | 6h 36min ago

  • Taiwan IC design houses pushing into auto aftermarket

    Before Going to Press | 6h 41min ago

  • Semi equipment maker Gudeng looks to a 15% revenue growth in 2017

    Before Going to Press | 6h 41min ago

  • China market: Asustek adjusts marketing staff for own-brand products

    Before Going to Press | 7h 39min ago

Pause
 | 
View more
Taiwan server shipment forecast and industry analysis, 2016
EYF Enterprises
Analysis of China revised domestic semiconductor industry goals
  • 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.