World demand for lighting is projected to climb more than 12 percent annually through 2016 to $78.3 billion. Market gains in developing countries will outpace sales in the US, Western Europe, and Japan. Light-emitting diode (LED or solid state) lighting devices will record by far the fastest global market gains.
This study analyzes the $43.9 billion global industry for lamps and LEDs used in lighting applications. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product (e.g., fluorescent lamps, incandescent lamps, high intensity discharge lamps, light-emitting diodes), market (e.g., residential buildings, nonresidential buildings, outdoor, motor vehicles), world region and for 18 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry participants, including Philips Lighting, OSRAM, and Siemens.