Market Research Report - 248855
Enterprise LED 2012: Commercial and Industrial Market Trends, Opportunities & Leading Companies
|Published by||Greentech Media Inc.|
|Enterprise LED 2012: Commercial and Industrial Market Trends, Opportunities & Leading Companies|
|Published: August 8, 2012||Content info:||
In just the last few years, LED performance has accelerated quickly and a wave of new commercial, industrial and institutional LED fixtures has been introduced. This 197-page report analyzes today's products for these market applications, naming the category ‘Enterprise LED Lighting.' Our research produces a summary review of the current market dynamics, its customers, the technology and the leading companies.
During the last decade, the $11.4 billion lighting market has grown slowly, with the overall market landscape remaining unchanged. General Electric, Philips and Sylvania continue to dominate the ballast and lamp component market, based on a standardized set of interchangeable products. Enterprise customers have come to understand an established set of lighting products, vendors and distributors and today consider most products as commodities.
2012 LED LIGHTING ADOPTION TIMELINE
SOURCE: GROOM ENERGY
Our research estimates size the 2012 North American Enterprise LED Lighting market at $630 million in annual revenues. The market is growing at a rate of 40% a year through 2016 and will exceed $1 billion in 2013.