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According to the latest research report of LEDinside 「2019 Light LED and LED Lighting Market Outlook」, during 2018 to 2023, LED lighting market scale will gradually increase. LED lighting market scale will reach USD 56.6 billion in 2023. CAGR during 2018 to 2023 will be 9%.

LED lighting trends vary from region to region, and markets in Europe, Southeast Asia, and India perform well

European LED lighting market scale continuously expands, to the tune of USD 8.292 billion in 2018, with an annual growth of 9.5% and a penetration rate over 50%. In this market, lighting fixtures for commercial lighting have the greatest growth momentum, such as spotlight, filament lamp and decorative lamps.

American lighting manufacturers all achieved good revenue performance in 1H18, which mainly came from American market. Cost of lighting products is expected to transfer to consumers due to the impact of US-China Trade War and rising raw material price.

The unit prices in the Japanese market are higher. Besides, due to the rebound of Japan’s economy and the impact of 2020 Tokyo Olympics, the growth of Japanese market will remain.

Southeast Asia is gradually developing into a dynamic LED lighting market. Thanks to the rapid growth of local economy, infrastructure investment and population, the demand for lighting is massive. The penetration of LED lighting in the Middle East and Africa market is rapidly increasing, and the market potential in the future is still expected.

Outlook for lighting market trend during 2019 to 2020: three major opportunities will become the revenue growth momentum for lighting manufacturers. One is lighting demand stimulated by 2020 Tokyo Olympics. The other is that the requirements of high-end lighting market is likely to rise as DLC V5.0 improves quality of light and luminous efficacy. Last but not the least, lighting manufacturers expand cross-industry to create business opportunities, which can be seen in architectural smart lighting, human centric lighting, horticultural lighting, fishing lighting, special lighting and so on.

LEDinside 2019 Light LED and LED Lighting Market Outlook I. Lighting LED 2018-2023 Lighting LED Market Scale- By Product 2018-2023 Lighting LED Market Scale- By Package 2018-2019 Lighting LED Market Scale- By Power Rate High-growth Application Product Trend- Horticultural Lighting High-growth Application Product Trend- Filament Lamp High-growth Application Product Trend- Stage Lighting High-growth Application Product Trend- Stadium Lighting High-growth Application Product Trend- Street Lamp

II. Global Lighting Market Trend LED Lighting Market- Product Definition 2018-2023 Global LED Lighting Market Scale: by Product 2018-2023 Global LED Lighting Market Scale: by Region 2018-2023 Installed Global LED Lighting Market and Penetration Halogen Lamps Will be Phased Out After 2018 EU has Prohibited the Sale of Halogen Lamps in September 2018-Directional Lamps/Non-directional Lamps 2017-2019 Global LED Lighting Market Forecast: by Product 2018 Global LED Lighting Market-Value Based: by Product v.s. by Region 2018 Global LED Lighting Market-Volume Based: by Product v.s. by Region 2019 Global LED Lighting Market-Value Based: by Product v.s. by Region 2019 Global LED Lighting Market-Volume Based: by Product v.s. by Region 2018-2023 Global LED Lighting Application Market Trend Opportunities and Challenges of LED Commercial Lighting Opportunities and Challenges of LED Industrial Lighting Opportunities and Challenges of LED Outdoor Lighting Opportunities and Challenges of LED Residential Lighting   III. Regional Lighting Market Opportunities and Challenges 2019 Global LED Lighting Market Trend European Lighting Market Trend US Lighting Market Trend Japan Lighting Market Trend China Lighting Market Trend Asia Pacific Lighting Market Trend- Southeast Asia, Australia and India Middle East And Africa Market Trend Latin America Lighting Market Trend Lighting Business in Emerging Market holds Promising Outlook

IV. Lighting Manufacturer Revenue Ranking 2017- 2018(F) Top 20 Lighting Player Revenue Ranking Signify OSRAM Licht AG Zumtobel Fagerhult Acuity Brands Eaton Lighting Hubbell Panasonic Endo Lighting Iris Ohyama Chinese Lighting Manufacturers’ Strategies OPPLE Lighting YANKON Lighting MLS / LEDVANCE V. Lighting Product and LED Market Requirements Filament Light Specification and Price Overview By Regions Filament Lamp Market- LED Specification Requirements List of Filament Lamp and Filament LED Suppliers Chinese Major Filament LED Players and Capacity Street Light Specification and Price Overview By Regions Street Light Market- LED Specification Requirements Explosion-proof Light Specification and Price Overview By Regions Explosion-proof Light Market- LED Specification Requirements High Bay Light Specification and Price Overview By Regions High Bay Light Market- LED Specification Requirements Panel Light Specification and Price Overview By Regions Panel Light Market- LED Specification Requirements VI. The Impact of US-China Trade Wars in the Lighting Industry The Impact of US-China Trade Wars in the Lighting Industry Estimate on the Loss of Lighting Industry Created by the US-China Trade War Sensitivity Analysis on the Loss Scale of Lighting Industry

Customized Report / Consulting Service: LEDinside Keeps the Right to Adjust the Contents, Depending on Industry Development Trend. LEDinside provides customized reports and consulting service, please call or email us. If you would like to know more details, please contact:

Grace Li graceli@trendforce.com +886-2-8978-6488 ext. 916

Eric Chang eric.chang@trendforce.com +886-2-8978-6488 ext. 822

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE