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Emerging Lighting Technology Market by Color Temperature

Global Energy Efficient Lighting Technology Market by Correlated Color Temperature (CCT), Application and Geography (2011- 2016)

Global Energy Efficient Lighting Technology Market

The global energy efficient lighting technology market was projected to grow at a compound annual growth rate of 7.9% between 2011 and 2016. The market was estimated to grow at a valuation of $ 173 Bn in 2016, from a valuation of $ 118.7 Bn.

Rising adoption of various energy-efficient technologies in various commercial and residential enterprises has driven the growth in the overall energy efficient lighting technology market. A key reason behind the increased adoption of energy efficient solutions in commercial and residential enterprises is because they are cost-effective and helps in saving large amounts of energy.

Rising Prevalence of Smart Buildings Fuels the Growth in Overall Energy Efficient Lighting Technology Market

Also, increasing prevalence of smart cities and smart buildings which deploy energy efficient solutions has also fueled the growth in the global energy efficient lighting technology market. In addition to this, increasing adoption of smart light-emitting devices has propelled the overall market, too.

COVID-19 Pandemic Negatively Impacts the Growth in Global Energy Efficient Lighting Technology Market

The future for the market seemed optimistic, but the outbreak of the COVID-19 pandemic negatively impacted the global energy efficient lighting technology market.

With governments imposing stringent social distancing regulations and lockdowns in a bid to contain the spread of the virus, it led to a reduced supply of different electrical components.

The restrictions also led to the halting of several commercial and residential projects which were to deploy energy efficient solutions.

These factors led to lowered sales and demand for energy efficient solutions and dented the growth in the global energy efficient lighting technology market.

However, with vaccine availability and approval to booster doses for different population sections, it is anticipated that commercial projects will resume soon which would, in turn, increase the demand for energy efficient lighting solutions and help the market grow at a steady pace, in future.

The global energy efficient lighting technology market is classified based on product and region.

Based on product, LEDs have contributed the most to the growth of the overall energy efficient lighting technology market and are expected to remain the major contributor in future because of increasing product demand for residential and commercial purposes and their availability in different shapes and sizes.

Europe Emerges as Leader in Global Energy Efficient Lighting Technology Market

Based on geography, Europe has emerged as the leader in the global energy efficient lighting technology market and is expected to account for the largest share in the global market in future because of the implementation of various energy performance certificates that demand commercial enterprises to meet the desired energy-efficient requirements, in countries such as UK and Germany.

Asia Pacific is expected to offer lucrative growth opportunities for the overall energy efficient lighting technology market owing to favourable government policies, promoting the benefits of these solutions as well as growing number of mega-projects in countries such as India.

Some of the leading players in the global energy efficient lighting technology market include Philips Lighting Holdings B.V, GE Lighting, Cree Inc., Bajaj Electricals Ltd., and General Electric Ltd.

While energy efficient solutions have proven beneficial, there are still drawbacks which could impact product demand and affect the market growth.

High Costs Associated with Energy Efficient Solutions Could Dent the Growth in Global Energy Efficient Lighting Technology Market.

A key restraining factor for market growth could be the high initial and installation costs incurred during the deployment of these solutions. This could lead to consumers opting for suitable alternatives which are cost-effective which could reduce the demand for energy efficient solutions.

Collaboration with smaller players could help well-established market players expand their market presence and increase their revenue shares.

    1. Executive Summary

        1.1. Global Energy-efficient Lighting Market

       1.2. Energy-efficient Lighting Market By Cct (Correlated Color Temperature)

       1.3. Energy-efficient Lighting Market By Applications

       1.4. Energy-efficient Lighting Market By Geographic

    2. Introduction

       2.1. Key Take-aways

       2.2. Scope Of The Report

       2.3. Research Methodology

       2.4. Stakeholders

    3. Market Overview - Led, Cfl, And Fluorescent

       3.1. Market Dynamics

       3.2. Global Trends In The Energy Efficient Lighting Market

       3.3. Consumer Preference - Energy-efficient Lighting Market

       3.4. Lighting Usage Pattern Worldwide

       3.5. Major Lighting Issues Worldwide

       3.6. Competition - Energy Efficiency Scale For Energy-efficient Lamps

       3.7. Global Incandescent Demand Reduction Pattern 2004-2017

       3.8. Cost Breakup For Lighting

       3.9. Saving Potential By Switching From Incandescent To Energy-efficient Lighting

       3.10. Characteristics And Electricity Usage By Various Lamps

       3.11. Cost And Performance Of Energy Efficient Lighting Source

       3.12. Cfl Performance And Quality Criteria Coverage In Major Manufacturing Countries

       3.13. The Influence Of Color Temperature On Mood And Lighting Applications

       3.14. Case Study – Color Temperature & Lighting For Retail Store

          3.14.1. Quantity Of Light Impacts Business

          3.14.2. Quality Of Light Improves Customers’ Experience

          3.14.3. Energy-efficient Lighting

          3.14.4. Long Operational Life, Maintenance Cost And Labor Cost

          3.14.5. Benefits Of Good Lighting In Retail Stores

    4. Light Emitting Diode (Led)

       4.1. Market Overview

       4.2. Drivers

          4.2.1. Lighting Solution For Remote Areas

          4.2.2. Longer Lifetime And High Energy Efficiency

          4.2.3. Vibration And Thermal Shocks Resistant Solution For Better Productivity

          4.2.4. Offer Scope For Various Lighting Applications

          4.2.5. Harmless And Green Lighting Solution

       4.3. Inhibitors & Opportunities

          4.3.1. High Cost Involved

          4.3.2. Lacks Attribute For Heat Sensitivity Applications

          4.3.3. Unidirectional Light Output

          4.3.4. Reluctance To Switch To Led Lighting

       4.4. Led Market By Application

       4.5. Led Market By Geography

       4.6. Led Market By Color Temperature (Cct)

          4.6.1. Color Temperature 2700k-3000k Market By Geography

          4.6.2. Color Temperature 3500k Market By Geography

          4.6.3. Color Temperature 4000k/4100k Market By Geography

          4.6.4. Color Temperature 5000k-6500k Market By Geography

          4.6.5. Color Temperature 6500k+ Market By Geography

    5. Compact Fluorescent Lamp (Cfl)

       5.1. Market Overview

       5.2. Drivers

          5.2.1. High Light Output At Low Power Consumption

          5.2.2. Long Operational Life And Low Maintenance Cost

          5.2.3. Payback Period

          5.2.4. High Efficacy (In Comparison To Incandescent)

          5.2.5. High Reliability - No Early Failures

          5.2.6. Various Acceptable Size & Form

       5.3. Inhibitors & Opportunities

       5.3.1. Cost Barrier

          5.3.2. Mercury Content In Cfl Lamps

       5.4. Cfl Market By Application

       5.5. Cfl Market By Geography

       5.6. Cfl Market By Color Temperature (Cct)

          5.6.1. Color Temperature 2700k-3000k Market By Geography

          5.6.2. Color Temperature 3500k Market By Geography

          5.6.3. Color Temperature 4000k/4100k Market By Geography

          5.6.4. Color Temperature 5000k-6500k Market By Geography

       5.6.5. Color Temperature 6500k+ Market By Geography

       5.7. Cfl Programs Around The World

       5.8. Cfl Performance And Quality Criteria Coverage

    6. Fluorescent

       6.1. Market Overview

       6.2. Drivers

          6.2.1. Cost Competitive Replacement To Incandescent Bulbs

          6.2.2. Energy Efficient And Long Operational Life

       6.3. Inhibitors & Opportunities

          6.3.1. Contains Little Amounts Of Mercury

          6.3.2. Achieving Full Brightness Can Take Up To 3 Minutes

          6.3.3. Suitability Issues For Outdoor Use In Cold Weather

       6.4. Fluorescent Market By Application

       6.5. Fluorescent Market By Geography

       6.6. Fluorescent Market By Cct

          6.6.1. Color Temperature 2700k-3000k Market By Geography

          6.6.2. Color Temperature 3500k Market By Geography, 2010-2016

          6.6.3. Color Temperature 4000k/4100k Market By Geography

          6.6.4. Color Temperature 5000k-6500k Market By Geography

          6.6.5. Color Temperature 6500k+ Market By Geography

    7. Company Profile

       7.1. Osram Gmbh

       7.2. Royal Philips Electronics

       7.3. Nichia Corporation

       7.4. Ge Lighting

       7.5. Cree, Inc.

       7.6. Cooper Lighting

       7.7. Bridgelux Inc

    List Of Table

    Table 1: Saving Potential By Switching From Incandescent To Energy-efficient Lighting

    Table 2: Characteristics Of Common Light Sources

    Table 3: The Influence Of Color Temperature On Mood And Lighting Applications

    Table 4: Led Market, By Application 2010-2016 (Usd Million)

    Table 5: Led Market, By Geography 2010-2016 (Usd Million)

    Table 6: Led Market, By Cct 2010-2016 (Usd Million)

    Table 7: Color Temperature 2700k-3000k Market, By Geography 2010-2016 (Usd Million)

    Table 8: Color Temperature 3500k Market, By Geography 2010-2016 (Usd Million)

    Table 9: Color Temperature 5000k-6500k Market By Geography 2010-2016 (Usd Million)

    Table 10: Color Temperature 6500k+ Market By Geography 2010-2016 (Usd Million)

    Table 11: Global Cfl Market, By Application 2010-2016 (Usd Million)

    Table 12: Cfl Market, By Geography 2010-2016 (Usd Million)

    Table 13: Cfl Market, By Color Temperature (Cct) 2010-2016 (Usd Million)

    Table 14: Color Temperature 2700k-3000k Market, By Geography 2010-2016 (Usd Million)

    Table 15: Color Temperature 3500k Market, By Geography 2010-2016 (Usd Million)

    Table 16: Color Temperature 4000k/4100k Market, By Geography 2010-2016 (Usd Million)

    Table 17: Color Temperature 5000k-6500k Market, By Geography 2010-2016 (Usd Million)

    Table 18: Color Temperature 6500k+ Market, By Geography 2010-2016 (Usd Million)

    Table 19: Cfl Programs Around The World

    Table 20: Cfl Performance And Quality Criteria Coverage

    Table 21: Fluorescent Market By Application 2010-2016 (Usd Million)

    Table 22: Fluorescent Market, By Geography 2010-2016 (Usd Million)

    Table 23: Fluorescent Market, By Cct 2010-2016 (Usd Million)

    Table 24: Color Temperature 2700k-3000k Market, By Geography 2010-2016 (Usd Million)

    Table 25: Color Temperature 3500k Market, By Geography 2010-2016 (Usd Million)

    Table 26: Color Temperature 4000k/4100k Market, By Geography 2010-2016 (Usd Million)

    Table 27: Color Temperature 5000k-6500k Market, By Geography 2010-2016 (Usd Million)

    Table 28: Color Temperature 6500k+ Market, By Geography 2010-2016 (Usd Million)

    List Of Charts

    Fig. 1: Global Trends In The Energy Efficient Lighting Market

    Fig. 2: Residential Lighting Application By Room Type

    Fig. 3: Major Lighting Issues Worldwide

    Fig. 4: Energy Efficiency Scale For Energy-efficient Lamps

    Fig. 5: Global Incandescent Demand Reduction Pattern 2004-2017 (Billion)

    Fig. 6: Cost Breakup For Lighting

    Fig. 7: Cost And Performance Of Energy Efficient Lighting Source

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Emerging Lighting Technology Market by Color Temperature

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