|By PR Newswire||
|January 30, 2014 05:00 PM EST||
DUBLIN, Ireland, January 30, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8xqhgd/led_lighting) has announced the addition of the "Concise Analysis of LED Lighting System Technology - Forecasts to 2020" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The LED lighting system market is expected to kick into high gear around 2013 and start to grow rapidly from 2015. In terms of revenue, the market is expected to reach $55 billion by 2020, from a mere $93 million (2012), with a high growth rate of 92.4% CAGR.
The LED lighting market is hitting its stride, boosted by government efforts to support the energy industry, including LED lighting, through support programs and regulatory reforms. LED lighting systems are the next-generation lighting systems. Concepts are based on cross-industry collaboration that enables remarkable energy savings through convergence of IT technologies and LED luminaires and provides multifunctional solutions, including human-centered, eco-friendly, and customized contents.
Based on these features, LED lighting systems are bringing about a paradigm shift in the lighting industry. LED lighting systems are an epoch-making technology that can maximize the energy saving effect of LED luminaires and respond to user's emotional reactions.
It is widely acknowledged that shifting typical LED luminaires into system luminaires enables further energy savings by 50% through integrated intelligent management, connection with sensors, and customizable control. Thus, it is expected that the commercial sector will play a crucial role in forming the LED lighting system market in the initial stage, creating a ripple effect to other sectors such as industry, outdoor, and residential sectors.
The LED system luminaire market is expected to take hold between 2013 and 2015 and start to grow rapidly from 2016. The estimated penetration rates for each sector by 2020 are as follows. Considering governmental policies and increasing electrical tariffs, it is expected that the industrial sector will see the biggest growth, reaching about 18% of the industrial LED lighting sales in 2020.
The penetration rate of the commercial sector is expected to increase up to the Energy Management System (EMS) installation rate (18% of the entire buildings in the U.S.). This can be accelerated depending on individual government programs and regulations on commercial buildings. It is expected that Building Energy Management Systems (BEMS) will also contribute to driving the market growth.
Key Topics Covered:
2. LED System Luminaire components and key technology
3. LED System Luminaire Technology Development Trend
4. LED Lighting Programs of Major Countries
5. LED System Luminaire Market Forecast (2012-2020)
6. LED System Lighting Company Trend
- AMX Corp.
- Aurora Design Lab
- GE Lighting
- Kumho Electric
- LG U+
- POSCO ICTPOSCO LED
- Schneider Electric
For more information visit http://www.researchandmarkets.com/research/8xqhgd/led_lighting
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
Did you know that you can develop for mainframes in Java? Or that the testing and deployment can be automated across mobile to mainframe? In his session at @DevOpsSummit at 20th Cloud Expo, Vaughn Marshall, Sr. Principal Product Owner at CA Technologies, will discuss and demo how increasingly teams are developing with agile methodologies using modern development environments and automating testing and deployments, mobile to mainframe.
Apr. 24, 2017 11:30 AM EDT Reads: 929
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Apr. 24, 2017 11:00 AM EDT Reads: 213
Developers want to create better apps faster. Static clouds are giving way to scalable systems, with dynamic resource allocation and application monitoring. You won't hear that chant from users on any picket line, but helping developers to create better apps faster is the mission of Lee Atchison, principal cloud architect and advocate at New Relic Inc., based in San Francisco. His singular job is to understand and drive the industry in the areas of cloud architecture, microservices, scalability ...
Apr. 24, 2017 11:00 AM EDT Reads: 3,250
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Apr. 24, 2017 10:30 AM EDT Reads: 264
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Apr. 24, 2017 10:15 AM EDT Reads: 4,741
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Apr. 24, 2017 10:00 AM EDT Reads: 1,944
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Apr. 24, 2017 09:30 AM EDT Reads: 325
Apr. 24, 2017 09:00 AM EDT Reads: 312
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Apr. 24, 2017 08:45 AM EDT Reads: 357
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Apr. 24, 2017 08:45 AM EDT Reads: 322
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
Apr. 24, 2017 08:45 AM EDT Reads: 278
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Apr. 24, 2017 08:30 AM EDT Reads: 1,549
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Apr. 24, 2017 08:00 AM EDT Reads: 5,044
The goal of Continuous Testing is to shift testing left to find defects earlier and release software faster. This can be achieved by integrating a set of open source functional and performance testing tools in the early stages of your software delivery lifecycle. There is one process that binds all application delivery stages together into one well-orchestrated machine: Continuous Testing. Continuous Testing is the conveyor belt between the Software Factory and production stages. Artifacts are ...
Apr. 24, 2017 08:00 AM EDT Reads: 886
Back in February of 2017, Andrew Clay Schafer of Pivotal tweeted the following: “seriously tho, the whole software industry is stuck on deployment when we desperately need architecture and telemetry.” Intrigue in a 140 characters. For me, I hear Andrew saying, “we’re jumping to step 5 before we’ve successfully completed steps 1-4.”
Apr. 24, 2017 07:30 AM EDT Reads: 1,452