Toshiba Lightech: LED Lighting CAGR to Reach 31% in 2010-2020

Japan's LED lighting market is expected to account for around 40% of the global LED lighting market from 2012-2013 with penetration rate expected to exceed the global penetration rate, according to Toshiba Lightech.

Furthermore, thanks to rapid decreases in price and market growth in Europe, the US, and China, the CAGR of the global LED lighting market from 2010-2020 to reach 31%, Toshiba Lightech adds.

According to president and CEO of Toshiba Lightech, Tooru Shibuya, the firm introduced LED light bulbs in 2009, and in 2011, the LED light bulb market output in Japan exceeded 30 million units causing rapid price falls. In 2012, LED light bulb retail prices fell below JPY2,000/unit (US$22/unit). LED lighting penetration rate is expected to reach close to 60% in 2015.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE