Based on a survey of lighting professionals and consumers, and a global survey of other input factors, McKinsey, a world-leading global management consulting company, recently announced its lighting market model for the global lighting market until 2020. Estimates include a differential analysis of applications, geographic factors, and light source technologies.
The lighting market has recently attracted attention due to its emission reduction efficacy and new factors such as the addition of LED and OLED. However, it lacks a global, full-view perspective across all key sectors and applications, geographical factors, light source technologies, and value chains. Comprehensive report. To compensate for this gap, McKinsey & Co. was commissioned by Osram to draft an independent perspective on the global lighting market and possible future evolution.
In order to provide a comprehensive overview of the developing global lighting market, including an estimate of future LED market share, McKinsey surveyed global lighting experts and consumers, including seven different countries (the United States, Germany, Japan, China, Russia, Brazil and India).
The report shows that the global lighting market is expected to reach 110 billion euros in 2020 - equivalent to the global television market. Global population growth and urbanization are the main factors that increase the overall demand for lighting products. Cities and climate change issues are also driving lighting products to be more energy efficient. The regulation of energy efficiency by governments around the world has accelerated the development of the lighting industry.
Today, the fourth lighting technology revolution in human history - the advent of LED technology is transforming the industry. Although, LED technology has not yet achieved more price advantages, but a large amount of investment from various companies can be expected to reduce manufacturing costs by 30% per year, and LED is becoming a widely affordable technology.
The report shows that it is estimated that the revenue of the global LED lighting market will grow at a rate of 30% per year. By 2020, the revenue of the LED lighting market will be close to 65 billion euros - which accounts for nearly 60% of the global lighting market.
The three most widely used departments for lighting applications are general lighting, automotive lighting, and backlighting applications. Among them, general lighting applications are the largest, accounting for approximately 75% of the total lighting market, and are the most analyzed in the report.
The lighting market has recently attracted attention due to its emission reduction efficacy and new factors such as the addition of LED and OLED. However, it lacks a global, full-view perspective across all key sectors and applications, geographical factors, light source technologies, and value chains. Comprehensive report. To compensate for this gap, McKinsey & Co. was commissioned by Osram to draft an independent perspective on the global lighting market and possible future evolution.
In order to provide a comprehensive overview of the developing global lighting market, including an estimate of future LED market share, McKinsey surveyed global lighting experts and consumers, including seven different countries (the United States, Germany, Japan, China, Russia, Brazil and India).
The report shows that the global lighting market is expected to reach 110 billion euros in 2020 - equivalent to the global television market. Global population growth and urbanization are the main factors that increase the overall demand for lighting products. Cities and climate change issues are also driving lighting products to be more energy efficient. The regulation of energy efficiency by governments around the world has accelerated the development of the lighting industry.
Today, the fourth lighting technology revolution in human history - the advent of LED technology is transforming the industry. Although, LED technology has not yet achieved more price advantages, but a large amount of investment from various companies can be expected to reduce manufacturing costs by 30% per year, and LED is becoming a widely affordable technology.
The report shows that it is estimated that the revenue of the global LED lighting market will grow at a rate of 30% per year. By 2020, the revenue of the LED lighting market will be close to 65 billion euros - which accounts for nearly 60% of the global lighting market.
The three most widely used departments for lighting applications are general lighting, automotive lighting, and backlighting applications. Among them, general lighting applications are the largest, accounting for approximately 75% of the total lighting market, and are the most analyzed in the report.
Rack Mount Chassis,Rack Mount Chassis Enclosure,Rackmount Chassis Box,Rack Mount Chassis Empty
HFJKGH , http://www.nbpoeswitch.com