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. Todayâ€™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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