Energy-efficient Lighting Market in Europe to 2020 - LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production
Europe to Light Up Thanks to New Energy-Efficient Lighting
The European lighting industry is currently in a stage of transition, as incandescent lamps and halogen lamps are due to be phased out and replaced by new technologies, claims a new report by energy experts GBI Research.
The new report* states that with government efforts to save energy and reduce Greenhouse Gas (GHG) emissions in Europe, the Energy-Efficient Lighting (EEL) industry is likely to achieve sales of 2.5 billion units by 2020, having grown at a Compound Annual Growth Rate (CAGR) of 12.5% from 2012. The EU governments plans to phase out incandescent lamps by September 2012, and the proposal to phase out halogen lamps by September 2016, governments and media agencies in the EU are working towards successfully phasing out incandescent lamps and promoting alternative lighting
Compact Fluorescent Lamps (CFLs) are the most cost-effective and efficient form of lighting, and several governments have provided incentives for energy-efficient CFLs, even distributing some for free, while promoting the ban on incandescent bulbs through information and registered marks on energy labels preventing consumers from purchasing low-quality products. However, the presence of mercury in CFLs has raised health concerns, and directives to limit levels of mercury and facilitate its efficient disposal would be required to win back popularity. A shortage of phosphor is also restricting imports, and production is also likely to be negatively impacted, resulting in a price rise.
High-Intensity Discharge (HID) lamps are gaining momentum in street lighting applications, and Light-emitting Diodes (LEDs) and Organic Light-emitting Diodes (OLEDs) are also evolving to be an extremely energy-efficient lighting option. The sales volume of these lamps is low at present, and the industry must conquer the general public's perception of LED lamps being cold, dull, and unaffordable.
Although the initial cost of LED lighting is high, the overall cost of ownership is lower than for incandescent lamps, and technological advancements along with growing consumer awareness could lead to a potential boom in the market. LED lamps are constantly becoming cheaper, and due to oversupply in the LED packaging market, this trend is anticipated to continue throughout the coming years. Consumers in Europe are gradually becoming more concerned with cost than quality, and residential, commercial and industrial sectors are becoming more likely to purchase LED lamps over CFLs and halogen lamps, due to economic reasons.
Ecodesign legislation is being prepared to establish minimum performance requirements for LED lights, in order to improve light quality in the EU. The EU lighting industry has additionally initiated projects such as the Ecolighting Project, which incorporates voluntary Ecolabels that identify products or services proven to be environmentally friendly.
Energy-efficient Lighting Market in Europe to 2020 - LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production
The report gives an in-depth analysis of the Energy Efficient Lighting Market in Europe, with forecast until 2020 and analyzes the market volume of the energy-efficient lighting market in 8 major countries (Germany, The United Kingdom, France, Italy, Spain, Belgium, Netherlands and Luxembourg).
This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GBI Research's team of industry experts.
Abstract
Energy-efficient Lighting Market in Europe to 2020 - LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production
Summary
GBI Research, a leading business intelligence provider, has released its latest research, "Energy-efficient Lighting Market in Europe to 2020 - LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production". The report gives an in-depth analysis of the Energy Efficient Lighting Market in Europe, with forecast until 2020. The research analyzes the market volume of the energy-efficient lighting market in 8 major countries (Germany, The United Kingdom, France, Italy, Spain, Belgium, Netherlands and Luxembourg). It provides a detailed analysis of four major lighting technologies such as Compact Fluorescent Lamps, Halogen Lamps, High Intensity Discharge Lamps and Light Emitting Diode Lamps.
The report also provides market volume during 2005-2020, market share by application, comparative analysis, technology analysis and information about key players for all major lighting technology. It also covers porter's five forces analysis and key drivers and restraints impacting the market.
This report is built using data and information sourced through primary and secondary research and in-house analysis by GBI Research's team of industry experts.
Scope
Energy efficient lighting market in Europe from 2005-2020, for four major technologies such as halogen lamp, CFL, HID lamp and LED lamp.
Details analysis of markets of sub regions (Northern Europe, Southern Europe, Western Eastern Europe, and Central and Eastern Europe.
Detailed analysis of markets of 8 major markets in European regions: Germany, The United Kingdom, Spain, France, Italy, Belgium, Netherlands and Luxembourg.
Historical and forecast data for energy efficient lighting market's volume from 2005-2020 and share by application for 2011.
Key drivers and restraints impacting the Europe energy efficient lighting market.
Porter's five forces analysis and technology analysis of major lighting technologies in Europe.
Comparative analysis of major lighting technologies, on the basis of general features, life spans and cost of ownership.
Regulatory framework for lighting industry in Europe.
Analysis of key players.
Reasons to buy
Facilitate decision-making based on strong historical and forecast data and detailed growth opportunities analysis.
Identify key growth markets for energy efficient lighting in Europe from validated, country-level data and analysis.
Position yourself to take maximum advantage of the market's growth potential.
Develop business strategies by understanding the trends that are driving the lighting market in Europe.
Make more informed business decisions based on insights and in-depth analysis of market landscapes and the factors shaping them.
Understand the drivers and restraints shaping the current and potential future markets
Figure 66: Europe Light-emitting Diode Lighting Market, By Application (%), 2011 135
Figure 67: Europe Light-emitting Diode Lighting Market, Market Share by Key Players (%), 2011 136
Figure 68: Energy-efficient Lighting, Comparison of Life Span 138
Figure 69: Cost Comparison of Energy-efficient Lamps against 100 W Incandescent Lamps, 2011 139
Figure 70: Cost Comparison of Light-emitting Diode Lamps against Other Lighting Technologies, 2011 142
Figure 71: Schematic of a Fluorescent Lamp 143
Figure 72: Schematic of a Compact Fluorescent Lamp 144
Figure 73: Spectral Power Distribution of Mercury (mW/5nm vs Wavelength in nm) 149
Figure 74: Europe Energy-efficient Lighting Market to 2020, Regulatory Framework 154
Figure 75: Fluorescent Lamps Market, Europe, Reduction in Mercury per Lamp (mg),1980-2008 155
Figure 76: Europe Energy-efficient Lighting Industry, Promotion Agencies 163
Energy-efficient Lighting Market in Europe to 2020 - LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production published by GBI Research in September 11, 2012. This report consists of Pages: 182 and the price starts from US $ 3500.
