ElectroniCast Consultants 10-year market forecast of the worldwide consumption of light emitting diode (LED) linear tube lamps, which are used in general lighting new constructio n, retrofitting of existing (installed-based) and as a replacement for fluorescent linear lamps (tubes).
The ElectroniCast report provides an independent examination and analysis of the changing market dynamics for two major types of LED-based linear tube lamps, segmented by length (less than 4 feet and 4 feet or longer), each of diameter classification ("T" standard) and by technology:
The market forecast data are presented for LED linear lamps, segmented by the following functions:
The market data are segmented into the following geographic regions, plus a Global summary:
The global market is segmented into the following major application categories:
10-Year Global Market Forecast General Lighting provides the main illumination of an area. In this study, ElectroniCast provides the market forecast (2012-2022) and analysis of the LED component used for general lighting applications, including interior and exterior decorative and functional lighting for residential, commercial/industrial and government areas. For the purposes of this study, ElectroniCast includes Directional Lighting, Supplementary Lighting and Architectural Lighting in the General Lighting category.
Compared to incandescent lighting, LED-based solid-state lighting (SSL) delivers visible light with reduced heat. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby significantly increasing its lifespan, which also translates to lower maintenance/labor expenses. The term "solid state" refers to the fact that light in an LED is emitted from a solid object, that has do not contain moving parts or parts that can break, rupture, shatter, leak or contaminate the environment -a block of semiconductor-rather than from a vacuum or gas tube, as is the case in traditional incandescent light bulbs and fluorescent lamps.
The use of LED-based linear tube lamps used in the Commercial/Industrial general lighting application category is forecast to maintain the market share leader throughout the forecast period. The use in Government controlled general lighting segment is set to grow to substantially in LED-based tube lamps global consumption.
The residential category includes MDUs (multiple dwelling units) as well as single family units; therefore lighting in large apartment complexes in parking areas, stairways and elevators are counted along with the under-the-cabinet lighting found in a growing number of residences. This category is forecast for the fastest annual growth during the 2017 to 2022 time span, as LED-based linear lamps finally begin to show-up in the consumer (retail) market channel and single-family homes join in consumption.
According to ElectroniCast Consultants, the automatic assembly and test manufacturing process for the surface mounted device (SMD) light emitting diode linear tube lamps allows for mass-production capability. In addition, over the next few years, the average selling prices of the LED linear tube lamps will be driven lower, as a result of production efficiencies, yield-number improvements (aided by quality controls), competition (both market competition and technological competition), marketing/sales distribution improvements, and other factors.
The fluorescent tube has long been the central solution of lighting for many premises, due to relatively high efficiency and long life. LED efficiencies are set to exceed those of fluorescent tubes, with dimming and controllable color rendering readily achievable. LED linear tube lamps are now available for new construction, replacement and retrofitting applications; however, the LED tubes are not as easy to find as the fluorescent tubes. Also, the average selling prices (ASP) for the LED tubes are at a huge premium versus the fluorescent; however, the ballast used with the fluorescent tubes is replaced by driver electronics with the LED solution.
The installation of LED linear tube lamp is very easy. Just to replace the original fluorescent tube with the new LED tube, and to take out the ballast. What's more, the electricity saving efficiency can reach as high as 60% compared to ordinary fluorescent tube and the life span is more than 10 times than that of ordinary one, almost totally free of maintenance. LED linear tube lamps have several advantages versus the conventional fluorescent tube.
The global consumption value of general lighting LED linear tube lamps in 2012 was $194 million. The consumption value is forecast to increase, at an average annual growth rate of 23% (2012-2017) and 34.2 percent (2017-2022), to nearly $2.37 billion in 2022 (see Figure 1).