LED lighting market on the global lighting market

Led lighting in the offices: 2011 – 6%, 2016 – 30%, 2020 – 50%

• The market is on a clear transition path from traditional lighting technologies to LED.
• Regulation across the globe has become more stringent, fueling the penetration of more energy-efficient light sources
• LED prices have eroded more aggressively, pulling forward the payback time of LED lighting
• The total market is expected to grow annually by 5 percent  through to 2016, and by 3 percent thereafter until 2020.
• Asia is expected to account for approximately 45 percent of the global general lighting market by 2020
• Value in the LED chip and package market is set to shift from backlighting to general Lighting
• The lighting control system market is already mushrooming, with a growth rate anticipated at almost 20 percent p.a.