Taipei, Friday, September 19, 2014 10:22 (GMT+8)
mostly cloudy
Taipei
33°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

Topics: Page 2

Realtime news
  • TSMC confident of keeping global market share of over 80% for 28nm processes in 2015, says CFO

    Bits + chips | 1min ago

  • Mid-range handset sales spur HD panel demand

    Displays | 21min ago

  • China market: HTC to launch smartphone Desire 820

    Before Going to Press | Sep 18, 21:38

  • TSMC starts using electric shuttle buses in Hsinchu Science Park

    Before Going to Press | Sep 18, 20:36

  • Spansion inks cross licensing of flash technologies, patents with Winbond Electronics

    Before Going to Press | Sep 18, 20:20

  • Digitimes Research: Intel cooperation with Fossil to develop smartwatches will help expand influence in wearables market

    Before Going to Press | Sep 18, 20:19

  • TSMC expected to see 20nm revenue proportion rise to 20% in 4Q14

    Before Going to Press | Sep 18, 20:19

  • Apple Watch along with other smartwatches will spur a new wave of wearables demand

    Before Going to Press | Sep 18, 20:18

  • Taiwan TV panel makers see orders surge as China vendors slash TV prices

    Before Going to Press | Sep 18, 20:17

  • Digitimes Research: Taiwan panel makers plan to further develop on-cell touch panels for large-size applications

    Before Going to Press | Sep 18, 20:16

  • Foxconn refers labor dispute at Brazil factory to arbitration court

    Before Going to Press | Sep 18, 20:15

  • Taiwan market: Digital camera sales value in 2014 estimated at NT$6-7 billion, say retail channels

    Before Going to Press | Sep 18, 20:14

  • China market: Leading smartphone vendors beefing up retail, online marketing

    Before Going to Press | Sep 18, 20:13

  • Acer becomes candidate supplier for China procurement orders

    Before Going to Press | Sep 18, 20:12

  • Taiwan market: Chunghwa Telecom lowers 300M/100M FTTH price

    Before Going to Press | Sep 18, 20:10

Pause
 | 
View more

Analysis of China's revised domestic semiconductor industry goals

RESEARCH EXTRAS | Jul 16, 18:09

Facing a funding shortage for local IC manufacturers, the China State Council in June 2014 published guidelines to strengthen government support for China's semiconductor industry, while stating the short-, mid-, and long-term goals for the related industry supply...

The transition to 4k TV - UHD TV market forecast, 2014-2017

RESEARCH EXTRAS | Jun 26, 13:59

Ultra HD TV vendors are facing challenges due to an overall slowdown in the TV industry and are concerned whether relative supply chains can provide compatible Ultra HD content and services. However, trends show that content makers as well as panel and chip makers...

Taiwan LCD monitors – 2Q 2014

TAIWAN FPD | Aug 25, 14:48

Taiwan's monitor shipments grew 10% in the second quarter compared to a low first-quarter base. With panel makers reducing their supply of monitor applications and monitor vendors reluctant to increase their shipments, Taiwan's makers will only see a single-digit...

China smartphone market and industry – 2Q 2014

CHINA SMARTPHONE | Aug 12, 17:41

A delay in the launch schedule for low-cost 4G smartphones resulted in a mere 4.8% increase in second quarter shipments in the China market. However, with telecom operators planning on increasing their subsidies in the second half of the year, demand will be...

Taiwan small- to mid-size LCD panels – 2Q 2014

TAIWAN FPD | Aug 6, 21:18

Taiwan makers' small- to medium-size panel shipments reached 351.4 million units in the second quarter of 2014, up 16.8% sequentially but down 2.8% on year.

Analysis of China revised domestic semiconductor industry goals
Media news email alerts
DIGITIMES Translation Services
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.