LED in road and street lighting 2013 Report by Yole Developpement



The first in-depth report covering an LED lighting application market. A global business reaching almost $516M at the system level by 2016.

ROAD AND STREET LIGHTING IS A KEY DRIVER FOR LED TECHNOLOGY IN GENERAL LIGHTING

In less than a decade, LED technology has created more turmoil in the lighting industry than anything occurring over the previous century. Every professional agrees that what used to be a conservative, well-controlled market is undergoing a massive change, referred to as “the LED revolution”. Therefore, it’s high time to take a close look at what’s
happening and why, since each General Lighting application, be it indoor or outdoor, has its own way of adopting LEDs.

Outdoor lighting is no stranger to revolution. In fact, today it’s one of the two most dynamic General Lighting market segments for LED adoption. Within the segment, architectural lighting was the early adopter, but the main driver these days is definitely road and street lighting. Historically the largest outdoor segment, it now offers the best prospects for LED development in professional exterior lighting. Road and street lighting is a very attractive market, with EBIT levels generally between 5 – 15% and steady growth despite the economic downturn.

We estimate that LED luminaire revenue will reach $435M in 2013 and peak at $516M by 2016, fuelled by the increased need for energy efficiency. Growth will be driven firstly by tunnel lighting, and then relayed into highway, road, residential and amenity lighting applications starting in 2014. By 2017, market size should decline because of a decreasing replacement market (due to LED-based systems’ higher lifetime) and also because of LED Luminaire’s ASP.

This report presents all road and street lighting applications and associated market metrics within the period 2008-2020 for each application and region, detailing drivers & challenges, key players, associated volume/market size (luminaires installed base, LED luminaire and packaged LED sales), and LED penetration rate.

A NEW APPROACH TO LUMINAIRE DESIGN REQUIRING NEW MANUFACTURER COMPETENCIES

Designing with LED implies major changes for conventional luminaire manufacturers — mostly at the optical, electrical and physical levels. With the move to LED technology, traditional luminaire manufacturers face dramatic organizational changes, such as integrating electronic competencies, upgrading optical competencies, taking ownership of the light source (SSL), and revamping production organization. Consequently, internal revolution is required within luminaire companies in order to take full advantage of the LED boom.

More information on the report at http://www.i-micronews.com/reports/LED-road-street-lighting-report/14/377/


Post time: 09-07-2017