Research and Markets: LED Lighting Market in North America 2015-2019 with Cree, LG Innotek, Nichia, OSRAM Opto Semiconductors, Philips Lumileds Lighting, Samsung LED & Seoul Semiconductor Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/5q73g5/led_lighting) has announced the addition of the "LED Lighting Market in North America 2015-2019" report to their offering.

The LED Lighting market in North America will grow at a CAGR of 21.12 percent over the period 2014-2019.

The report, LED Lighting Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

The increased adoption of HB LEDs is one key trend in this market. With the growing number of HB LED applications in automotive headlights, backlighting of notebook computers and LCD televisions, and general lighting applications, LED manufacturers are now focusing on better strategies to tap the untapped potential of the HB LED market. In addition, the use of HB LEDs for commercial, industrial, and residential applications is expected to expand rapidly during the forecast period.

According to the report, the adoption of ENERGY STAR certifications is one of the major drivers of the market. ENERGY STAR certification is a government-backed program introduced to promote the usage of energy-efficient lighting solutions, and reduce greenhouse gas emissions.

Further, the report states that the high cost of raw materials is one of the major challenges in the market. Semiconductors such as gallium arsenide, gallium phosphide, and gallium arsenide phosphide, and precursors such as trimethyl aluminum used in LED manufacturing are costly, resulting in a high cost of manufacturing.

LED lights have many advantages over other lighting sources, which are as follows:

  • High-intensity brightness
  • Highly energy-efficient
  • Low voltage and current requirements
  • Low radiated heat
  • High reliability
  • Negligible UV rays
  • Long lifespan
  • Easily controlled and programmed

Key Vendors

  • Cree
  • LG Innotek
  • Nichia
  • OSRAM Opto Semiconductors
  • Philips Lumileds Lighting
  • Samsung LED
  • Seoul Semiconductor

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Technology Landscape
  7. Market Landscape
  8. Market Segmentation by Application
  9. Summary of Key Figures
  10. Regulations on Incandescent Lighting by Country
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis
  20. Other Prominent Vendors

For more information visit http://www.researchandmarkets.com/research/5q73g5/led_lighting

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Computing and Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Computing and Technology