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17 Jul 2015  |  Global  |  Market Research

Analysis of the LED Lighting Market in the Global Automotive Industry

Trends and Opportunities Poised to Shape the Future

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Globally, LEDs are gaining traction because of improved cost, design, and performance. The LED lighting market in the automotive industry is growing as LEDs are starting to be utilized in mass market vehicles and lighting suppliers look to provide innovative LED solutions to be used in advanced lighting technologies like adaptive lighting systems a...

28 May 2015  |  Global  |  Market Research

World LED Lighting Markets (2015 Update)

LED Lighting will go Mainstream in 2015 and be a Fully Established Global Market by 2019

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By late 2014, LED lighting was closing in on 40% penetration of the global lighting market. It was the second consecutive boom year, confirming the breakthrough in the key regions of Europe, North America, and China. Driven by enhanced controllability and energy efficiency, the revolution will continue and momentum will build throughout 2015. This ...

The Gulf Cooperation Council (GCC) countries are taking initiatives towards adopting global energy-efficiency standards and further developing LED lighting solutions and technology. Progress in research & development is expected to lead to considerable product and solution innovations, which would increase the quality and efficiency of LED lamps, t...

The government aims to reduce its energy bill and improve the efficiency of lighting products. This has necessitated trials and the mass usage of LED for lighting applications. The government is a key driver of LED lighting adoption. A wide product portfolio, indigenous design and development capabilities, a well-entrenched distribution set up, cos...

The LED lighting market is gaining momentum in Southeast Asia. The market is smaller than in Asia-Pacific but offers long-term prospects to market participants due to strong governmental support. Other drivers include the development of smart cities and economic corridors in Indonesia and Malaysia. Singapore provides the largest opportunities in So...