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Upper Lake, CA, United States, 2012/05/02 - According to ElectroniCast, the number of LED lamps used in the Asia Pacific region is forecast to reach nearly 3.39 billion (units) in the year 2016, representing an average annual growth rate of 101.6 percent (2011-2016).
ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced their 5-year market forecast of the Asia Pacific consumption of light emitting diode (LED) lamps in solid-state lighting (SSL) General Lighting applications.
According to the ElectroniCast study – In 2011, the street lighting category dominated the product market share, in terms of consumption value, in the Asia Pacific region; however, the General Service (Type-A) lamp is closing-in fast and is forecast to overtake the street lighting category by 2013.
ElectroniCast points out that there is a big difference in product-category market share from the value data ($ million) versus the volume (quantity/number of units) data, especially for the Streetlight category. This is because there is such a huge difference in the relative (higher) pricing for a streetlight lamp compared to the lower pricing for the other lamp types. For example, in terms of volume (quantity/number of lamps), the street lighting category has an estimated (only) 1% of the total volume of LED-based lamps use in the Asia Pacific region in 2012.
It is important to note that some streetlight fixtures may actually have more than one (1) lamp. For example, the streetlight fixture may actually accommodate 2 or more lamps. ElectroniCast expects that the average street lamp will increase in brightness output over the forecast period (2011-2016); therefore, fewer LEDs per lamp and fewer lamps per light fixture will be required over time. The data shown by ElectroniCast counts the lamps (not the fixture/s).
The new report from ElectroniCast also segments the market forecast data by three major End-User categories: Government, Commercial/Industrial, and Residential/Non-Specific. Most of the streetlights fall-in the Government category; the Commercial/ Industrial group is especially strong in the PAR lamps, MR lamps and Type-A lamps (near term); LED linear/tube lamps and Specialty lamps (High Bay and Flood lamps) are also counted; the Residential category is forecast with relative strong use in the General Service (Type-A) style of lamps.
Volume/Quantity Market Forecast
ElectroniCast estimates that 101.66 million LED lamps units were installed in the Asia Pacific region last year in 2011. The number of LED lamps is forecast to be nearly 3.39 billion (units) in the year 2016, representing an average annual growth rate of 101.6% (2011-2016).
Note: Market forecast data in this study report by ElectroniCast refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data. Market forecast data are provided in United States Dollars (US$).
Additionally, the new market research report, by ElectroniCast also provides the market data by the following regional segments:
• Asia Pacific (Total)
oThe People’s Republic of China
oRepublic of Korea
oRest of Asia