Convergence

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 ...

Using Frost & Sullivans Visi-MAP 2.0 framework, this strategic insight looks to distill key macro forces into 8 converging themes, namely, collaborative manufacturing, control-on-the-go, e-convergence, expert systems, frugal engineering and manufacturing, knowledge management systems, risk management, and service delivery innovation, further ana...