IMS Research: LED lighting market is about the influx of $ 10 billion in business opportunities

Market research agency IMS Research states, regulations and electricity are steadily rising drive the LED lighting market is the rapid rise is expected to drive sales of power supply to reach four billion units by 2016, with a total of up to 10 billion dollars.

IMS senior market analyst at Ryan, Sanderson, said, to replace the residential use from low-power LED (Retrofit LED) light source and wholesale LED torches to LED full set of high-power commercial and industrial lighting such as street lights, all kinds of LED lighting solutions for applications demand is rapidly increasing.

The beginning of the development of the LED light source and lighting market, manufacturers face challenges in power electronics technical expertise, and thus open the doors of opportunity for power supply manufacturers. Sanderson pointed out that the new LED lighting power requirements, depending on power rating (Power Rating), the LED or the number of LED light string and use the environment design factor. These design requirements, plus LED lighting is currently no clear standards, LED lighting manufacturers need to hire professionals or power supply manufacturers, to strengthen the power electronics professional and technical.

It is worth noting that some large-scale LED lighting manufacturers such as Philips, through subsidiaries or the acquisition of power supply manufacturers to create the associated technical competence; makes some power supply manufacturers relegated to the situation of being acquired, in part the business opportunities of the power supply also these vertical integration of large companies are eating.

IMS Research, a market analyst Jonathon Eykyn said, with production line of the power supply LED lighting manufacturer, to seize the China LED lighting market can only be designed to be simple, low-cost and high demand products, such as the LED to replace the light source; in high power applications more complex power supply design, power supply outsourcing have actually more cost-effective. Accordingly, IMS Research forecasts that the power supply manufacturers will have more than half of the market share in 2016.