2013-05-02

The Path to 80 Percent Market Share for LED Lights by 2020

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...
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Nichia, the world's largest LED/Laser Diode manufacturer and inventor of the high-brightness blue and white LEDs, and Tokushima Agriculture, Forestry and Fisheries Technology Support Center have conducted a joint research study to evaluate... READ MORE

Signify, the world leader in lighting, announced that it has installed Philips GreenPower LED toplighting compact in the lettuce nursery greenhouse of Woodeumgee Farm Co., Ltd., located in Buyeo, Chungcheongnam-do. Woodeumgee Farm has reported... READ MORE