IHS Report: Lighting and LEDs Trends for 2014
IHS Inc. has recently released its annual white paper on the lighting and LEDs trends for the year ahead. These predictions for 2014 and beyond, serve to provide insight into key trends and opportunities in the intelligent buildings industry.
They are:
• Supplier Consolidation in the LED and Lighting Markets
• Lighting Increases its IQ
• 2014, Tipping Point for LED Lighting
• Changing Technology Dynamics for LEDs
• GaN on Silicon to Take Market Share
To receive the full PDF version of this white paper, please click here.
Supplier Consolidation in the LED and Lighting Markets
LED supply now exceeds demand. This has subsequently driven down prices and margins for manufacturers, and will likely lead to consolidation in supply for both the LEDs and lighting markets.
Lighting Increases its IQ
Smart lighting makes sense in certain applications, such as street lighting and office buildings, which can absorb the initial cost in the short term to achieve the savings and benefits in the longer term. Smart lighting here has the potential to be big in 2014.
2014, Tipping Point for LED Lighting
IHS forecasts 2014 will be the year when the LED lighting payback equation makes sense. If there is such a thing as a year when the tipping point is reached on a worldwide basis, then 2014 will be the year.
Changing Technology Dynamics for LEDs
IHS forecasts three core technology dymamics changes in the LED industry in 2014: mid-power LEDs will boom, high voltage LEDs will be another one to watch, and price will be the key factor effecting demand in 2014.
GaN on Silicon to Take Market Share
IHS forecasts 2014 will be a transformative year for the LED industry as silicon based LEDs become mass produced.
