30 Apr '13, 4pm

The Path to an 80 Percent Market Share for LED Lights: Increased competition, steady cost

Increased competition, steady cost reductions and improved technology performance are putting the LED lighting industry on a path to securing an 80 percent market share for lighting by 2020. In a briefing this morning hosted by Credit Suisse, lighting expert and former Philips Lighting CEO Ludo Carnotensis discussed the global competitive landscape for LED lighting and said that an "aggressive scenario" of 80 percent LED penetration is "in the cards." The industry's market share was just under 12 percent in 2012 and is expected to hit 25 percent by 2014. With revenues flattening out in the broader LED market, lighting technologies will become a more important focus for manufacturers. This will put pressure on traditional lighting companies like Philips and Osram, which are also investing heavily in LEDs. Here's how Carnotensis broke down his analysis of the evolving market...

Full article: http://www.greentechmedia.com/articles/read/The-Path-to-a...

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