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2016 led lighting market outlook

Scale of LED Industrial Lighting to Reach US$2.9 Billion in 2016,

as Explosion-Proof Lamps Become the Focus of Demand

The LED industrial lighting market has enjoyed accelerated growth in recent years owing to the rising demand worldwide and government subsidies.According to LEDinside’s latest report, 2016 Industrial Lighting: Explosion-Proof Lamps, the market of LED industrial lighting is forecast to grow from US$2.93 billion in 2016 to US$5.20 billion in 2020, representing a CAGR of over 15% during the five-year period.

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Explosion-proof LED lighting is used in hazardous environments where petrochemical vapors, explosive gases and/or combustible dusts exist. “In addition to having a critical role in the operation of the petroleum industry, explosion-proof lighting also has sizable market shares in other lighting applications including mining, transportation and military,” said Joanne Wu, assistant research manager for LEDinside. “The outlook for LED explosion-proof lighting is especially favorable this year on account of the strong replacement demand.”

The manufacturers of LED explosion-proof lamps already have extensive R&D experience since these products have been on the market for many years. Wu added that LED has many advantages over conventional light sources when it comes to explosion-proof lamp design, such as smaller form factor, lighter weight, longer lifespan and lower costs. Companies in the oil and gas industry and the petrochemical industry are most likely to choose LED-based solutions not only because these products offer higher quality and greater safety, but they are also very cost-effective. Indeed, the technologically mature explosion-proof LED lighting may be the only choice in the future as mercury-vapor lighting is being banned by governments worldwide.

The safety standards of explosion-proof lighting equipment vary according to regions. Products based on International Electrotechnical Commission (IEC), for instance, are seeing widespread adoption around the world. In the U.S., the National Electrical Code (NEC) is the standard, and the usage of electrical equipment must adhere to NEC Articles 500 or 505. The agency that enforces the NEC, broadly defined as Authority Having Jurisdiction (AHJ), can also differ depending on the circumstances. The national standards of other countries are more or less based on IEC or NEC 500/505, such as China’s GB3836. Wu noted that the diverse standards along with the high cost of product certification force manufacturers of explosion-proof LED lighting products to set up factories in regions where they operate. Localization of production ensures that installation, maintenance and after-sale services would meet all safety and regulatory requirements.

Market Scale

  • LED Industrial Lighting- Explosion Proof Lighting Summaries- LED Explosion Proof Lighting Market with Potential

  • 2016-2020 Global LED Industrial Lighting Market

  • LED Explosion Proof Light Market Share in Industrial Lighting

  • Opportunities and Challenges in LED Explosion Proof Light Market

Explosion proof Lighting Requirements and Standards

  • The Basics of Explosion proof Lighting

  • Explosion proof LED Lights Advantages and Scope of Applications

  • Introduction to Different Countries Explosion proof Lighting Regulations and Certification

  • Comparison Between Different Countries Safety Standards

  • Hazardous Locations Classification

NEC and IEC

  • Hazardous Locations Classification- IEC

  • NEC 500

  • IEC

  • Comparative Analysis between NEC and IEC Certification for Combustible Gas, Vapor, and Liquid

  • Comparative Analysis between NEC and IEC Explosion proof Certification Standards - Combustible Dust

  • Examples of IEC Explosion Proof Standard Recognition-Explosion Proof Gas Classification, Division and Groups

  • International Electrotechnical Commission (IEC)

  • International Protection Equipment Standards

  • Case Study For Choosing LED Explosion Proof Lights

Appendix

  • Maintenance and Repair Caution of LED Explosion Proof Lamps

  • Luminaire Test - DLC V3.1 for Outdoor Architectural Lighting

  • US Rebate for DLC Certified Outdoor Luminaires

  • Lighting Market Trend of North America

High Efficacy Products Rebate, Increases Differentiation of Luminaire Capacity

Explosion proof Lighting Product Specs and Prices

  • Europe Explosion proof Lights Specs and Prices

  • Europe Case Study for Choosing LED Explosion proof Lights

  • USA Explosion proof Lights Specs and Prices

  • Japan Explosion proof Lights Specs and Prices

  • Japan Case Study For Choosing LED Explosion Proof Lights

  • China Explosion proof Lights Specs and Prices

Major Player Strategies

  • Major 12 Industrial Lighting Explosion Proof Lighting Players


LED Lighting Market to Reach US$30.5 Billion in 2016 and Professional Lighting Markets to See Explosive Growth

Prospects are bright for the U.S. and Indian lighting markets as applications diversify


Lighting companies have focused on professional lighting solutions in developed markets such as the U.S., Europe and Japan. They seek to capture certain market segments via product diversification and differentiation. In the emerging markets, rapid economic growth, favorable government policies, and mega urban projects are constantly generating new opportunities. Wu noted that the main growth centers in the global lighting market next year will be the U.S. and India.

Demand has been relatively strong in the U.S. lighting market this year, with growth residing in applications such as commercial/industrial lighting, horticultural lighting and marine lighting. Major U.S. lighting companies are proactively developing various LED lighting businesses and giving a greater share of their portfolios to LED lighting products. Demand growth for LED lighting products has been strong in the commercial/industrial applications, with the fastest growth found in troffers, panel lights, tunnel lights and high/low bay lights. New applications are also emerging, including smart lighting and light communication.… More

LEDinside Estimates 2015 LED Industrial Lighting Market to Reach US$2.37 B

LEDinside, a division of TrendForce, reports that industrial lighting has a decisive weight in the entire lighting market. LEDinside has released its latest “1Q15 Silver Member Market Report - Industrial Lighting and High Bay Markets”, which shows an intense level of price competition in the market for LED replacement lighting products, including LED light bulbs and light tubes sold in retail stores. More and more LED lighting vendors hope to capitalize on the situation by entering the industrial lighting sector. Based on LEDinside’s forecast, LED industrial lighting market scale will be worth US$2.366 billion in 2015 and by 2018 the scale will reach US$3.935 billion. … More

LEDinside: Global LED lighting market to reach US $25.7 billion in 2015

The global LED lighting market will reach $25.7 billion dollars and its market penetration will increase to 31% in 2015 as the overall lighting market grows to $82.1 billion, according to a new report by LEDinside, a division of the Taiwan-based market intelligence firm TrendForce.…More

Silver Member 
(Lighting Market Report)
Silver +
(Backlight + Lighting Market Report)

a. Quarterly Regional LED Lighting Market

Quarterly: Macroeconomics, policy and standard, major company’s movement, product technology and trend in Japan, the US /Europe, China, and Emerging Market
October: regional lighting market value and market outlook for the next year

  • Japan / US / Europe / China / Emerging LED Lighting Market Development

    • 1Q: OutdoorLighting

    • 2Q: Commercial Lighting

    • 3Q: Residential Lighting

    • 4Q: Market Status & Outlook

b. LED Price Trend and Analysis

LED Package Price Trend in the Lighting Application Market

  • 5630 (120~180mA / ≦100mA)

  • 3030 (0.5~0.9W / 1.0~1.3W)

  • 1~3W LED (350mA~1000mA / 350mA~800mA)

  • 1~5W LED (350mA~1500mA)

c. LED Lamp Price Trend And Analysis

LED Lamp Price Tracker in the UK, Germany, the US, Japan, and Korea, Japan, Korea, Taiwan, and China

  • 40 W Equiv. LED Lamp Price

  • 60 W Equiv. LED Lamp Price

a. LED Backlight Market Trend And Analysis

Quarterly: LED market value and penetration rate forecast, and technology development in TV / smart phone / tablet PC / notebook / monitor. October: Backlight market value and market outlook for the next year

  • LED in Smart Phone Market Development And Analysis

  • LED in Tablet PC Market Development And Analysis

  • LED in Notebook Market Development And Analysis

  • LED in Monitor Market Development And Analysis

  • LED in TV Market Trend Development Analysis

b. LED Price Trend And Analysis

LED Price Trend And Analysis in TV / Smart Phone / Tablet PC / Notebook / Monitor Application Market 

  • LED Price In Mobile Market

  • LED Price In Notebook / Tablet PC Market

  • LED Price in Monitor Market

  • LED Price In TV Market


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