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LEDs and the lighting fixtures worldwide market

The worldwide market for LED lighting fixtures (excluding retrofit lamps) is about USD 20 billion in 2013, equal to around 25% of the worldwide consumption (and probably some 15% in terms of physical units). Yearly growth has been about 45% in 2013, that is in line with previous forecast (October 2012). It is shown that growth of LED lighting sales has been around by 27% per year among 2008 and 2010, and much more (over 50% per year) among 2010 and 2013). The worldwide market for lighting fixtures in the year 2018 will be close to 105 billion USD. Today’s LED lighting market is made by around 85% of lighting fixtures (focus of our study) and 15% LED retrofit lamps. One hundred among the top manufacturers of lighting fixtures hold around 60% of the total LED lighting market for 2013. Their sales increased (in the LED segment) by an average 40% among 2009 and 2013.

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Paper provided by Centre for Industrial Studies (CSIL) in its series CSIL reports with number S52.

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Length: 164 pages
Date of creation: Oct 2014
Date of revision:
Handle: RePEc:mst:csilre:s52
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