- IMS Research offers valuable insight into nearly all aspects of the LED supply chain, from sapphire demand to LED luminaire shipments.
- Are you looking to learn more about the world’s LED manufacturers? Over 100 different LED manufacturers are profiled in our new LED Manufacturer Profile Report.
- Did you know that IMS Research is updating its LED, MOCVD and sapphire supply and demand outlook every quarter and forecasting this data forward 5 years?
- Are you looking for more insight on LED lamp pricing trends? Our Global Monthly LED Lamp Price Tracker tracks monthly prices and specifications for nearly 500 LED lamps over 12 countries and 27 retailers.
- In its Quarterly GaN LED Supply/Demand Report, all applications are forecasted from the ground up each quarter, supply is determined by LED manufacturer and MOCVD brand share is calculated and forecasted.
Press Release
The Incredible Shrinking A Lamp Market
Publication Date: 4th January 2013
IMS Research (now part of IHS Inc. (NYSE:IHS)) has released its global lighting report “The World Market for Lamps & Luminaires in General Lighting”. The report offers the most detailed view of the global lamp market by technology, shape and wattage, providing readers with an unparalleled view into regional and technological dynamics that are affecting this $27 billion market.
Prior to the advent of LED lamps, the market was relatively unchanged for decades. While the introduction of CFLs as the energy efficient A-lamp of choice in the early 90s did lead to certain shifts within the market, the negative perception of the public towards their “white” light and quality control issues, didn’t allow them to strip incandescent lamps from their perch as the #1 lighting technology. Today, in the United States, CFL lamps only make up approximately 20 pecent of the residential installed base.
IMS Research Senior Analyst Philip Smallwood states that “LEDs have changed the lamp world for good. The apparent global effort (see chart below) to phase out most incandescent A-lamps by either banning them or introducing minimal energy efficient standards is opening up the market in a way that would not have been possible in the past.”
The effect that the mass adoption of LED lamps will have on the market is twofold:
- As revenue, it will increase. Lamp market value is expected to have a compound annual growth rate (CAGR) of 31 percent from 2011 through 2015. This is due to the extreme differences of LED lamp prices vs. incumbent technologies. For example, in the United Stated, a 60W A-lamp incandescent lamp will have an approximate retail price of $0.50 while its LED replacement lamp will have a retail price over $20.
- As units, it will decrease. A-lamp shipments for all technologies are forecasted to have a CAGR of -11 percent from 2011 through 2020 (See figure below).
Regarding the reduction in the units, Smallwood further explained that “The long life of LED lamps (25,000 hours vs. 1,000 hours for incandescent) will create a “socket saturation” effect, where each LED installation will effectively decrease the replacement lamp market by one unit. While regional differences due to light preferences and consumer purchasing power will slow down the adoption of LEDs, it is predicted that this overall shrinking pattern will continue through 2020.”
About the current World Market for Lamps & Luminaires in General & Exterior Lighting Report
The report provides trends, detailed revenue, unit shipments and ASP analysis of six lamp technologies (incandescent, halogen, CFL, fluorescent, HID and LED) by shape (Including A17 – A21, MR16, Reflector and T-8) and by region (North America, Latin America, Western Europe, Rest of EMEA, Japan, China, Rest of APAC). Analysis on the world installed base for lamps and luminaires, including a forecast through 2020 is broken down by region, technology (Incandescent and halogen consolidated) and application (Hospitality, office, retail, healthcare, warehouse/storage, manufacturing/industrial, other, outdoor-street and residential). Analysis of the luminaire market covers five technologies (Incandescent, CFL, fluorescent, HID and LED) divided by the same regions as the lamp market. For further information on this report please go to http://www.ledmarketresearch.com/report/Lighting_World_2012.
Contacting Us
Jonathan Cassell
Senior Manager, Editorial
jonathan.cassell@ihs.com
Direct: + 1 408 654 1714
Mobile: + 408 921 3754
Or
IHS Media Relations
press@ihs.com
Direct: +1 303 305 8021
Or
 | Jamie Fox |
About IHS Inc. (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs more than 6,000 people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2013 IHS Inc. All rights reserved.
Related Reports
©2013 IHS. All Rights Reserved