According to the latest report from LEDinside, a division of the market research firm TrendForce, 2017-2021 LED Industry Demand and Supply Data Base- 3Q17, LED market value in 2017 is projected to increase by +7.4 %YoY to USD 17.16 billion, in the light of 2017’s trends that the LED market price stayed stable and that the automotive lighting and architectural lighting field are enlarging fast.

In an environment of intense price wars, nothing can grab LED manufacturers attention more than "price hikes." Chinese LED manufacturers MLS, Kinglight and other manufacturers all raised their product prices in March 2016. Another wave of price hikes occurred in May, when San’an Opto and Taiwanese LED manufacturer Epistar increased prices. Recent market rumors point towards another round of price upticks.

According to the 2016 Global Lighting Market Report by LEDinside, a division of TrendForce, four LED specialty lighting applications that are attracting growing interests include horticultural lighting, surgical lighting, marine/harbor lighting and smart lighting. The combined market scale of these four applications is estimated to grow from US$4.36 billion in 2016 to US$16.4 billion in 2020, with the CAGR during this forecast period reaching 30%.

With the development of global LED lighting industry, nowadays, the LED industry in all regions has formed new pattern. The market is no longer occupied by Europe and the United States and other developed countries, many new blue ocean markets are emerging.

The latest report from LEDinside, a division of TrendForce, finds the total value of the global LED market (include both visible and non-visible LED products) arrived at US$14.32 billion in 2015, representing YoY growth of -3%. The market witnessed its first annual decline in value last year mainly because of the price war among the LED manufacturers, with the ASPs of some mainstream LED packages suffering a drop of 40% or more compared with 2014. The rising U.S. dollar also resulted in falling revenues for many manufacturers.

Release Date: March 2016 Language: English Format: PDF   Chapter One: Report Structure and Key Factors Chapter Two: SEA Market Macroeconomics Chapter Three: Lighting Market Scale and Trend Analysis Chapter Four: Manufacturers Introduction and Strategies Analysis Chapter Five: LED Lighting Products Specifications and Prices Analysis Chapter Six: Lighting-Related Policies and Regulations Chapter Seven: ASEAN Developments and Impact on Lighting Industry Chapter Eight: Proposal on Entering into SEA Lighting Market

Continually Shrinking Production Value、Growing Chinese Market、Three-in-one Sensor becomes the Standard Requirement

LEDinside research report indicates the industrial lighting sector has become more important in the lighting industry. Moreover, Europe currently still has the largest market share followed by China and U.S. Under the promotion of oil-related industries, European explosion-proof lighting market has grown slightly faster than the U.S. Affected by the strong demand for LED replacement lamp in recent years around the world and the government's subsidies, LED industrial lighting grows rapidly, its global market scale in 2016 will reach USD 2.932 billion, with growth of more than 15% in the next few years, and its market scale will reach USD 5.204 billion in 2020.