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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Macroblock and Juxin Optoelectronics successfully held 2026 LED Display Symposium at the Shenzhen Marriott Hotel. In addition to the main-stage sessions, which focused on display industry trends and technology sharing, the exhibition area feature... READ MORE

Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE