Frost Radar in the Global LED Lighting Market

Frost Radar in the Global LED Lighting Market

A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
11-Jul-2019
REGION
Global
Research Code: ME79-01-00-00-00
SKU: EG02000-GL-MR_23381

$4,950.00

Special Price $3,712.50 save 25 %

In stock
SKU
EG02000-GL-MR_23381

$4,950.00

$3,712.50 save 25 %

DownloadLink

Pay by invoice

ENQUIRE NOW

Description

Huge opportunities in energy savings have presented an excellent market opportunity for LED lighting across the globe. The LED market is also driven by factors like reduced cost, longer lifespan and government initiatives and regulations. The LED lighting market is set to grow at a rate of 8.4% from $58,619 million in 2018 to $95,040 in 2025.

The rise of dominant regional players and specialized lighting solution providers has exerted pressure on the incumbents who are switching to new business models to sustain profitability. Mass commercial growth will be centered around Latin America and Africa, while Europe and the United States will focus on offering advanced LED lighting solutions centered around human behavior.

LED lighting is witnessing demand from applications beyond illumination in areas like healthcare, farming, and decoration. The market for intelligent lighting systems, with in-built sensors for occupancy and motion sensing capabilities, will grow in the forecast period. For large installations such as industrial, office, outdoor segments, new business models that eliminate the need for upfront payment will see an increased uptake.

For this research, Frost & Sullivan has used a unique and robust platform called Frost Radar to analyze the market and identify Companies 2 Action (C2A). We have analyzed more than 50 companies and narrowed it down to 25 companies based on their growth indicators and recent innovations. Frost & Sullivan has evaluated and positioned these 25 companies based on 2 major indices, Growth and Innovation, and each index has 5 criteria.

Companies that are positioned in the radar are: Signify, OSRAM, Zumtobel, GE, Acuity Brands, Fagerhult, Dialight, Havells, Syska, Wipro Lighting, Heliospectra, LumiGrow, Luceco, and more.

The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.

Key Issues Addressed for Companies Included on the Radar:
•     What are their innovative offerings?
•     What are their strengths and opportunities for the future?
•     At what rate is each company growing?
•     What is the rationale behind their position in the Radar?

Table of Contents

Industry Overview

Industry Overview (continued)

The Frost Radar

Frost Radar—Description of Companies Plotted

Acuity Brands

Anolis Lighting

Aura Light

Aurora Lighting

Cree

Dialight

Eaton

ERCO

Fagerhult Group

GE Lighting

Havells

Heliospectra

LEDVANCE

Luceco

Lucibel

LumiGrow Inc.

OPPLE Lighting

OSRAM

Panasonic

Schreder

Signify

Syska

Trilux GmbH

Wipro Lighting

Zumtobel Group

The Last Word—Key Takeaways

Legal Disclaimer

Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform

Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)

Frost Radar—C2A

Related Research
Huge opportunities in energy savings have presented an excellent market opportunity for LED lighting across the globe. The LED market is also driven by factors like reduced cost, longer lifespan and government initiatives and regulations. The LED lighting market is set to grow at a rate of 8.4% from $58,619 million in 2018 to $95,040 in 2025. The rise of dominant regional players and specialized lighting solution providers has exerted pressure on the incumbents who are switching to new business models to sustain profitability. Mass commercial growth will be centered around Latin America and Africa, while Europe and the United States will focus on offering advanced LED lighting solutions centered around human behavior. LED lighting is witnessing demand from applications beyond illumination in areas like healthcare, farming, and decoration. The market for intelligent lighting systems, with in-built sensors for occupancy and motion sensing capabilities, will grow in the forecast period. For large installations such as industrial, office, outdoor segments, new business models that eliminate the need for upfront payment will see an increased uptake. For this research, Frost & Sullivan has used a unique and robust platform called Frost Radar to analyze the market and identify Companies 2 Action (C2A). We have analyzed more than 50 companies and narrowed it down to 25 companies based on their growth indicators and recent innovations. Frost & Sullivan has evaluated and positioned these 25 companies based on 2 major indices, Growth and Innovation, and each index has 5 criteria. Companies that are positioned in the radar are: Signify, OSRAM, Zumtobel, GE, Acuity Brands, Fagerhult, Dialight, Havells, Syska, Wipro Lighting, Heliospectra, LumiGrow, Luceco, and more. The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients. Key Issues Addressed for Companies Included on the Radar: • What are their innovative offerings? • What are their strengths and opportunities for the future? • At what rate is each company growing? • What is the rationale behind their position in the Radar?
More Information
No Index No
Podcast No
Author Dennis Marcell Victor
Industries Energy
WIP Number ME79-01-00-00-00
Is Prebook No
GPS Codes 9343-A4,9B07-C1,GETE