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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Strawberries flourish in a Controlled-Environment Agriculture Installation with Horticulture LED lighting provided by Cree LED and RED Horticulture. (Photo courtesy of RED Horticulture) The integration of technology into every aspect of life i... READ MORE

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE