Memoori: Global Market for LED Lighting in Buildings to Reach US$ 10.3 B by the End of 2014

Memoori estimates that revenue from the global LED Lighting market for buildings hit US$ 8.1 billion in 2013 and will rise to around US$ 10.3 billion by the end of 2014. The market will have grown still further to total almost US$ 23 billion by 2018.
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LEDinside: What is Next for Japanese LED Lighting Industry

As the price downtrend persists, LED light bulb market has descended into a cut-throat competition, and the future does not look bright. In order to survive, LED lighting firms have been seeking other markets such as convenient store lighting and office lighting, aiming to increase their products’ added value and increase their market acceptance. “We won Aeon’s bidding process for its first project, acquiring the opportunity to expand the company’s business in Japan. Although we did not win the second project, we will keep looking for other chances,&rdqu...
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Tougher Competition in Global LED Market, Korean and Taiwanese Companies Threaten Top LED Vendors

The top three global LED vendors, Nichia, Osram and Lumileds/Philips, are threatened by the fast growing Korean and Taiwanese companies, as competition in the global LED market becomes tougher, according to a market research firm.
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Broad spectrum white LEDs are widely available San Jose, CA – Lumileds today announced immediate high quantity availability of its LUXEON 3030 HE Plus Horticulture LEDs. Based on the company’s leading 3030 LED portfolio and charact... READ MORE

- LED technology makes extremely space-saving disinfection applications possible - UV-C light can eliminate up to 99.9 percent of viruses and bacteria - Osram Opto Semiconductors is driving industrialization of UV-C LEDs Installed in space-sav... READ MORE