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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Sumitomo Chemical is pleased to announce its participation in PCIM Europe 2026, which will be held in Nuremberg, Germany, from Tuesday, June 9 to Thursday, June 11, 2026. Established in 1979, this annual event showcases the latest advancements... READ MORE

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