MarketsandMarkets: Solid State and Other Energy Efficient Lighting Systems, Application Market Worth US$53.5 Billion by 2015

By Marketsandmarkets, PRNE
Sunday, February 6, 2011

DALLAS, February 7, 2011 - According to a new market research report, "Solid State and Other Energy
Efficient Lighting Systems, Application and Market Trends (2010 - 2015)"
published by MarketsandMarkets (www.marketsandmarkets.com), the total
global solid state and other energy efficient lighting systems market is
expected to be worth US$53.5 billion by 2015; out of which the CFL market
will account for nearly 31.2% of the total revenue. The global market is
expected to record a CAGR of 9.7% from 2010 to 2015.

Browse 68 market data tables and in-depth TOC on Solid State and Other
Energy Efficient Lighting Systems, Application and Market Trends (2010-2015).
Early buyers will receive 10% customization of the report.

www.marketsandmarkets.com/Market-Reports/emerging-lighting-technol
ogies-and-global-market-120.html

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The field of lighting has witnessed dramatic technology
developments in the past few decades, especially in the subfields of solid
state lighting and other energy efficient lighting technologies. Conventional
incandescent bulbs are likely to reach obsolescence with the arrival of
high-brightness LEDs or light emitting diodes. LED lighting is gaining double
digit growth because of its unique features that include high energy
efficiency, high efficacy, long working life, and robust weather proof
design. Lighting accounts for 20% of total energy consumption worldwide; and
about 29% of total energy consumed for domestic purposes. The imminent ban on
the use of incandescent bulbs in the U.S. and parts of Europe and Asia will
significantly boost the solid state and other energy efficient lighting
market. The global solid state and other energy efficient lighting market is
estimated to reach $53.5 billion in 2015 from about $33.6 billion in 2010.

The Asia Pacific region dominated the solid state and other
energy efficient lighting market in 2008 and stood at $13.0 billion in 2009,
and was expected to have the largest market share in 2010 and comprises 46.3%
of the global solid state and other energy efficient lighting market in 2010.
Asia has a large pool of solid state and other energy efficient lighting
market products manufacturers due to the lower labor and overall low
manufacturing costs in the region and is also a major consumer. Developed
economies such as the U.S. and Europe are also major consumers of these
products. The concern for healthy environment in developed economies is one
of the major drivers for solid state and other energy efficient lighting
market. The solid state and other energy efficient lighting products are also
environment friendly as they produce less carbon dioxide and consume less
energy, thereby reducing the coal consumption for electricity generation.

The three main submarkets of the solid state and other energy
efficient lighting market are products, applications, and technologies. The
product market is segmented into submarkets for light emitting diodes,
organic light emitting diodes, compact fluorescent lamps, cold cathode
fluorescent lamps and high intensity discharge. The segment with the most
market potential is light emitting diodes and it is expected to grow at a
CAGR of 17.3% from 2010 to 2015 due to its growing penetration into
backlighting and pure lightings application markets.

Scope of the report

This report analyzes the global solid state and other energy efficient
lighting markets based on:

    - Solid State and Other Energy Efficient Lighting Technologies:

    - Compact Fluorescent Lamps

    - Cold Cathode Fluorescent Lamps
    - Light Emitting Diode
    - Organic Light Emitting Diode
    - High Intensity Discharge

    - Applications:

        - Light Emitting Diode

            - Automotive
            - Lighting
            - Mobile Applications
            - Signs/Display backlights
            - Others

        - Organic Light Emitting Diode

            - Backlighting
            - Pure lighting

        - Compact Fluorescent Lamps

            - Residential
            - Commercial
            - Outdoor
            - Industrial

        - Cold Cathode Fluorescent Lamps

            - LCD television display backlights
            - LCD computer display backlights
            - Lighting

    - Market Participants

    - Small home lighting systems manufacturers
    - Large commercial lighting manufacturers
    - Lighting component manufacturers
    - Research labs
    - Electronic manufacturers
    - LED manufacturers
    - LCD manufacturers
    - R&D equipment manufacturers
    - Retailers and super-retailers for lighting equipment

In addition to market sizes and forecasts, the report also
provides a detailed analysis of trends and factors influencing market growth,
offering in-depth geographic analyses of the solid state and other energy
efficient lighting applications markets in the U.S, Europe, Asia Pacific and
Rest of the World (ROW). The report also draws competitive landscape of the
global solid state and other energy efficient lighting market, providing
in-depth comparative analysis of the technological and marketing strategies
adopted by key players in order to gain an edge over their competitors.

About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500 companies
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Contact: Mr. Rohan, 7557 Rambler Road, Suite 727, Dallas, TX 75231, Tel: +1-888-600-6441, Email: sales at marketsandmarkets.com

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