Europe Outdoor LED Lighting Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 2.44 Billion |
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Market Size (2030) | USD 3.41 Billion |
|
Largest Share by Outdoor Lighting | Public Places |
|
|
CAGR (2024 - 2030) | 5.70 % |
|
Largest Share by Country | United Kingdom |
|
|
Market Concentration | Low |
Major Players |
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|
||
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*Disclaimer: Major Players sorted in alphabetical order. |
Europe Outdoor LED Lighting Market Analysis
The Europe Outdoor LED Lighting Market size is estimated at 2.44 billion USD in 2024, and is expected to reach 3.41 billion USD by 2030, growing at a CAGR of 5.70% during the forecast period (2024-2030).
2.44 Billion
Market Size in 2024 (USD)
3.41 Billion
Market Size in 2030 (USD)
0.97 %
CAGR (2017-2023)
5.70 %
CAGR (2024-2030)
Largest Segment by Outdoor Lighting
71.04 %
value share, Public Places, 2023
The total sales of LED in this category are expected to reach 1,673.7 million units by the end of 2023. At 950,000 square meters, Germany's Europa Park is Europe's largest amusement park.
Fastest-growing Segment by Outdoor Lighting
6.12 %
Projected CAGR, Public Places, 2024-2030
Public places is the fastest growing segment, and it is projected to record a CAGR of 5.84%. The largest airport in terms of passenger numbers is London Heathrow Airport.
Largest by Country
18.31 %
value share, United Kingdom, 2023
The United Kingdom was the largest country by value share in 2022, accounting for 18.14%. The construction sector of the IT industry is booming owing to increasing investments and new infrastructure development initiatives in the UK.
Fastest-growing Segment by Country
7.22 %
Projected CAGR, Germany, 2024-2030
Germany is the fastest-growing country, and it is projected to record a CAGR of 7.44%. Germany offers great opportunities for LED and OLED suppliers in developing countries.
Leading Market Player
19.18 %
market share, Signify Holding (Philips), 2022
Signify held the maximum market share of 19.18% in 2022 in the region. Signify requested the European Union to more than double the annual building renovation rate to 3% to meet the emission reduction target.
Increasing use of LED lighting in amusement parks and parking lots and government regulations to ban traditional lamps will drive the growth of the LED lighting market
- In terms of value and volume, public spaces will account for the largest share in 2023, followed by roads and trails. Public places such as stadiums, pools, beaches, and forts were closed across the region to contain the spread of COVID-19. Europe relaxed the COVID-related rules in 2021. With the opening of buildings, the LED lighting market is also growing steadily. New amusement parks, such as Funtasy World Rödental in Germany and Pushkin Theme Park in Russia, will open in 2023. These developments will have a positive impact on the LED lighting market.
- With the emergence of retail outlets in the area, the demand for parking has increased. For example, IKEA bought the former Topshop flagship store on Oxford Street for GBP 378 million. IKEA plans to open its first store in the same building in 2023, specializing in household items such as lamps and curtains. Such instances in the market are expected to lead to increased demand for LED retail lighting products in the region. These developments will increase the number of public spaces, such as private parking spaces, and the use of LED lighting.
- A major factor driving the demand for LED products in Europe is the European Union's policy of banning the sale of inefficient lighting technologies. In 2009, Europe phased out the use of incandescent light bulbs. Directional halogen lamps were also discontinued in 2016. In September 2018, the region banned the sale of non-directional halogen lamps. These policies have facilitated the gradual replacement of traditional lighting products by consumers with those based on LED technology.
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Upgradation and renovation of stadiums, rising rail infrastructure, and use of street lights to drive the growth of the LED lighting market
- In terms of value and volume, the Rest of Europe occupied a major share in 2023, followed by the United Kingdom, France, and Germany. The market share is expected to be a small reduction in the Rest of Europe and gain in other remaining countries in coming years.
- Countries such as Spain, Barcelona, and Valencia are working to develop new stadiums and refurbish historical buildings in their countries. For example, Barcelona has secured EUR 1.45 billion (USD 1.6 billion) from multiple investors to begin construction of its Camp Nou stadium in 2023. Brussels planned to invest EUR 6 million (USD 6.5 million) in 2022. UEFA Euro 2024, EuroBasket 2025, and other events are some of the upcoming sporting events in Europe. Therefore, the renovation and construction of new stadiums and the increase in sports tournaments are expected to boost sales of LED lighting in the country.
- The smart building initiatives and falling average LED prices are also key drivers of LED demand. LEDs for building and street lighting have already been tested in German cities. In June 2023, a new phase of the Ukrainian government's program planned to replace old light bulbs. Since the program was launched in January 2023, millions of Ukrainian citizens have taken advantage of the opportunity to receive the latest light bulbs for free. In addition, investments in road network infrastructure are important for a variety of social, economic, and mobility-related reasons. On average, most European countries spend about 0.8% to 1.2% of their annual GDP on road networks. For example, in 2015, Austria implemented a program of investment in the Austrian motorway network.
Europe Outdoor LED Lighting Market Trends
Upgradation, replacement, and construction of new stadiums will drive the growth of LED lights
- The number of stadiums is expected to witness growth from 1,700 units in 2022 to 1,760 units in 2029, exhibiting a CAGR of 0.5%. The sports sector has undergone several changes in recent years. For instance, London Stadium and Musco collaborated in 2020 to upgrade the lighting system and install LED lights. The Aviva Stadium in Dublin had spectacular lighting effects by 2020. Red, green, blue, and white (RGBW) LED fixtures with 52 color-changing options make up the recently installed system. The stadium at Ciutat de València underwent renovation in 2020, and LED floodlights were added. Six stadiums in Europe got new lighting by Signify in 2021. These elements support the expansion of the LED market in the area.
- European clubs set aside more than EUR 2.5 billion (USD 2.69 billion) for facility renovations. Valencia, Spain, which committed EUR 300 million (USD 323.77 million) to constructing the Nou Mestalla stadium in 2022, made the second-most expensive investment. With UEFA's assistance, the Football Association of Serbia (FSS) invested more than EUR 20 million (USD 21.58 million) in 2023 to upgrade a number of the nation's stadiums. Barcelona obtained EUR 1.45 billion (USD 1.6 billion) in financing from several investors to start building the Camp Nou stadium in 2023. Brussels invested EUR 6 million (USD 6.47 million) in building a major stadium in 2022. UEFA Euro 2024, EuroBasket 2025, and other events are a few of the upcoming sporting occasions in Europe. Thus, the renovation and construction of new stadiums and an increase in sporting tournaments are expected to increase sales of LED lights in the country.
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Increasing residential housing and non-residential buildings may drive the growth of LED lights
- In 2022, Europe had 743.5 million people. The Member States of the European Union contains over 131 million structures. The European Union has 119 million residential buildings and 12 million non-residential buildings. In 2022, the demand for housing remained high, encouraging the building of new homes in the region, thus benefitting the local LED market.
- There were 197.4 million households in 2021 as opposed to 196.0 million in 2020. In the EU, 49.4% of households had a single child in 2021, followed by 38.6% with two children and 12% with three or more. About 70% of EU citizens were homeowners in 2020. In 2019, European homes had 1.6 rooms per person on average. The use of LEDs in homes and business spaces may increase as the population and the number of households rise.
- As of 2019, there were 242.7 million cars on the road in the European Union, an increase of 1.8% from the previous year, and more than 28 million vans on the road. France has by far the largest fleet of vans, with six million vehicles, followed by Italy (4.2 million), Spain (3.8 million), and Germany (2.8 million). EU roadways have 6.2 million medium and heavy commercial vehicles. Even though registrations have gone up recently, only 4.6% of all EU vehicles are alternatively powered. Hybrid electric vehicles make up 0.8% of all vehicles on EU roads, while battery-electric and plug-in hybrid vehicles each account for only 0.2% of the total. The increase in automotive vehicle sales may positively impact LED sales in the region.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increasing vacancy rates and leasing activity of real estate properties may drive the growth of the LED market
- Government programs and the prohibition of the sale of halogen bulbs may drive the growth of LED lighting
- Government regulations and policies to ban the use of fluorescent lighting, as well as smart building initiatives, may drive the use of LED lights in the region
- Government policies to limit the use of conventional bulbs and the target to increase EV sales may promote the use of LED lights
- Increasing disposable income and government incentives may lead to more LED penetration
Europe Outdoor LED Lighting Industry Overview
The Europe Outdoor LED Lighting Market is fragmented, with the top five companies occupying 38.58%. The major players in this market are ams-OSRAM AG, LEDVANCE GmbH (MLS Co Ltd), Panasonic Holdings Corporation, Signify Holding (Philips) and Thorn Lighting Ltd. (Zumtobel Group) (sorted alphabetically).
Europe Outdoor LED Lighting Market Leaders
ams-OSRAM AG
LEDVANCE GmbH (MLS Co Ltd)
Panasonic Holdings Corporation
Signify Holding (Philips)
Thorn Lighting Ltd. (Zumtobel Group)
Other important companies include ACUITY BRANDS, INC., Dialight PLC, EGLO Leuchten GmbH, Thorlux Lighting (FW Thorpe Plc), TRILUX GmbH & Co. KG.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Outdoor LED Lighting Market News
- May 2023: Cyclone Lighting, a well-known manufacturer of outdoor luminaires, has announced the debut of its Elencia luminaire. Outdoor post-top lighting has an upscale look thanks to high-performance optics and revised, modern lantern style.
- April 2023: Hydrel, an established innovator and producer of outdoor architectural and landscape lighting systems, announced the addition of the M9700 RGBW fixture to its M9000 ingrade luminaire family.
- November 2022: In 2022, Panasonic lights up state-of-the-art Rudraksh Convention Centre. This centre is constructed by Grand aid by Japan through Japan Internation Cooperation Agency (JICA)
Free with this Report
We provide a complimentary and exhaustive set of data points on the country and regional level metrics that present the fundamental structure of the industry. Presented in the form of 40+ free charts, the sections cover difficult to find data on various countries on Automotive Production, Lighting Electricity Consumption, Road Network, Number of Stadiums, Number of Charging Stations among others.
Europe Outdoor LED Lighting Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Population
2.2. Per Capita Income
2.3. Total Import Of LEDs
2.4. Lighting Electricity Consumption
2.5. # Of Households
2.6. LED Penetration
2.7. # Of Stadiums
2.8. Regulatory Framework
2.8.1. France
2.8.2. Germany
2.8.3. United Kingdom
2.9. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Outdoor Lighting
3.1.1. Public Places
3.1.2. Streets and Roadways
3.1.3. Others
3.2. Country
3.2.1. France
3.2.2. Germany
3.2.3. United Kingdom
3.2.4. Rest of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. ACUITY BRANDS, INC.
4.4.2. ams-OSRAM AG
4.4.3. Dialight PLC
4.4.4. EGLO Leuchten GmbH
4.4.5. LEDVANCE GmbH (MLS Co Ltd)
4.4.6. Panasonic Holdings Corporation
4.4.7. Signify Holding (Philips)
4.4.8. Thorlux Lighting (FW Thorpe Plc)
4.4.9. Thorn Lighting Ltd. (Zumtobel Group)
4.4.10. TRILUX GmbH & Co. KG
5. KEY STRATEGIC QUESTIONS FOR LED CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- HUMAN POPULATION IN MILLION, NUMBERS, EUROPE, 2017 - 2030
- Figure 2:
- PER CAPITA INCOME, USD, EUROPE, 2017 - 2030
- Figure 3:
- VALUE OF LED IMPORTS, USD MILLION, EUROPE, 2017 - 2030
- Figure 4:
- CONSUMPTION OF ELECTRICITY FOR LIGHTING, TWH, EUROPE, 2017 - 2030
- Figure 5:
- COUNT OF HOUSEHOLDS, MILLION, EUROPE, 2017 - 2030
- Figure 6:
- LED PENETRATION, %, EUROPE, 2017 - 2030
- Figure 7:
- COUNT OF STADIUMS, NUMBER, EUROPE, 2017 - 2030
- Figure 8:
- VOLUME SALES OF EUROPE OUTDOOR LED LIGHTING MARKET, NUMBER, EUROPE, 2017 - 2030
- Figure 9:
- VALUE SALES OF EUROPE OUTDOOR LED LIGHTING MARKET, USD, EUROPE, 2017 - 2030
- Figure 10:
- VOLUME SALES OF LED FIXTURES BY OUTDOOR LIGHTING, NUMBER, EUROPE, 2017 - 2030
- Figure 11:
- VALUE SALES OF LED FIXTURES BY OUTDOOR LIGHTING, USD, EUROPE, 2017 - 2030
- Figure 12:
- VALUE SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, EUROPE, 2017 - 2030
- Figure 13:
- VOLUME SHARE OF LED FIXTURES BY OUTDOOR LIGHTING, %, EUROPE, 2017 - 2030
- Figure 14:
- VOLUME SALES OF LED FIXTURES IN PUBLIC PLACES, NUMBER, EUROPE, 2017 - 2030
- Figure 15:
- VALUE SALES OF LED FIXTURES IN PUBLIC PLACES, USD, EUROPE, 2017 - 2030
- Figure 16:
- VALUE SHARE OF PUBLIC PLACES BY OUTDOOR LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 17:
- VOLUME SALES OF LED FIXTURES IN STREETS AND ROADWAYS, NUMBER, EUROPE, 2017 - 2030
- Figure 18:
- VALUE SALES OF LED FIXTURES IN STREETS AND ROADWAYS, USD, EUROPE, 2017 - 2030
- Figure 19:
- VALUE SHARE OF STREETS AND ROADWAYS BY OUTDOOR LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 20:
- VOLUME SALES OF LED FIXTURES IN OTHERS, NUMBER, EUROPE, 2017 - 2030
- Figure 21:
- VALUE SALES OF LED FIXTURES IN OTHERS, USD, EUROPE, 2017 - 2030
- Figure 22:
- VALUE SHARE OF OTHERS BY OUTDOOR LIGHTING, %, EUROPE, 2022 VS 2030
- Figure 23:
- VOLUME SALES OF LED FIXTURES BY COUNTRY, NUMBER, EUROPE, 2017 - 2030
- Figure 24:
- VALUE SALES OF LED FIXTURES BY COUNTRY, USD, EUROPE, 2017 - 2030
- Figure 25:
- VALUE SHARE OF LED FIXTURES BY COUNTRY, %, EUROPE, 2017 - 2030
- Figure 26:
- VOLUME SHARE OF LED FIXTURES BY COUNTRY, %, EUROPE, 2017 - 2030
- Figure 27:
- VOLUME SALES OF LED FIXTURES IN FRANCE, NUMBER, FRANCE, 2017 - 2030
- Figure 28:
- VALUE SALES OF LED FIXTURES IN FRANCE, USD, FRANCE, 2017 - 2030
- Figure 29:
- VOLUME SALES OF LED FIXTURES IN GERMANY, NUMBER, GERMANY, 2017 - 2030
- Figure 30:
- VALUE SALES OF LED FIXTURES IN GERMANY, USD, GERMANY, 2017 - 2030
- Figure 31:
- VOLUME SALES OF LED FIXTURES IN UNITED KINGDOM, NUMBER, UNITED KINGDOM, 2017 - 2030
- Figure 32:
- VALUE SALES OF LED FIXTURES IN UNITED KINGDOM, USD, UNITED KINGDOM, 2017 - 2030
- Figure 33:
- VOLUME SALES OF LED FIXTURES IN REST OF EUROPE, NUMBER, REST OF EUROPE, 2017 - 2030
- Figure 34:
- VALUE SALES OF LED FIXTURES IN REST OF EUROPE, USD, REST OF EUROPE, 2017 - 2030
- Figure 35:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, EUROPE, 2017 - 2030
- Figure 36:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2017 - 2030
- Figure 37:
- VALUE SHARE OF MAJOR PLAYERS, %, EUROPE, 2022
Europe Outdoor LED Lighting Industry Segmentation
Public Places, Streets and Roadways, Others are covered as segments by Outdoor Lighting. France, Germany, United Kingdom are covered as segments by Country.
- In terms of value and volume, public spaces will account for the largest share in 2023, followed by roads and trails. Public places such as stadiums, pools, beaches, and forts were closed across the region to contain the spread of COVID-19. Europe relaxed the COVID-related rules in 2021. With the opening of buildings, the LED lighting market is also growing steadily. New amusement parks, such as Funtasy World Rödental in Germany and Pushkin Theme Park in Russia, will open in 2023. These developments will have a positive impact on the LED lighting market.
- With the emergence of retail outlets in the area, the demand for parking has increased. For example, IKEA bought the former Topshop flagship store on Oxford Street for GBP 378 million. IKEA plans to open its first store in the same building in 2023, specializing in household items such as lamps and curtains. Such instances in the market are expected to lead to increased demand for LED retail lighting products in the region. These developments will increase the number of public spaces, such as private parking spaces, and the use of LED lighting.
- A major factor driving the demand for LED products in Europe is the European Union's policy of banning the sale of inefficient lighting technologies. In 2009, Europe phased out the use of incandescent light bulbs. Directional halogen lamps were also discontinued in 2016. In September 2018, the region banned the sale of non-directional halogen lamps. These policies have facilitated the gradual replacement of traditional lighting products by consumers with those based on LED technology.
| Outdoor Lighting | |
| Public Places | |
| Streets and Roadways | |
| Others |
| Country | |
| France | |
| Germany | |
| United Kingdom | |
| Rest of Europe |
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Market Definition
- INDOOR LIGHTING - It incorporates all LED based lamps and fixtures/luminaire that are used to illuminate indoor section of residential, commercial, industrial buildings and agricultural lighting. LED offers efficient brightness with higher durability in comparison to other lighting technology.
- OUTDOOR LIGHTING - It incorporates the LED lighting fixtures that is used for illumination for exterior/outdoor illumination. For instance, LED lighting fixtures used to illuminate streets and highways, transport hubs, stadiums and other public places such as parking spaces.
- AUTOMOTIVE LIGHTING - It refers to the lighting fixtures installed for illumination and signaling purposes. It is used in both exterior and interior lighting of the vehicle. Headlamps, fog lamp, daytime running light (DRLs) are examples of exterior light whereas cabin light are interior lights.
- END USER - It refers to the end use application area where the LED fixture will be installed. For instance, in terms of indoor lighting, we have residential, commercial and industrial as end user category. For automotive lighting, primary end user considered are automotive manufacturers and aftermarket sale
| Keyword | Definition |
|---|---|
| Lumen | Lumen is a unit of luminous flux in the International System of Units that is equal to the amount of light given out through a solid angle by a source of one-candela intensity radiating equally in all directions. |
| Footcandle | A foot-candle (or foot-candle, fc, lm/ft2, or ft-c) is a measurement of light intensity. One foot-candle is defined as enough light to saturate a one-foot square with one lumen of light. |
| Colour Rendering Index (CRI) | Color Rendering Index (CRI) is a measurement of how natural colors render under an artificial white light source when compared with sunlight. The index is measured from 0-100, with a perfect 100 indicating that colors of objects under the light source appear the same as they would under natural sunlight. |
| Luminous flux | Luminous flux is a measure of the power of visible light produced by a light source or light fitting. It is measured in lumens (lm). |
| Annual Energy Cost | Annual Energy Cost means the average daily energy consumption multiplied by 365 (days per year), expressed in kilowatt hour per year (kWh/a). |
| Constant voltage drivers | Constant voltage drivers are designed for a single direct current (DC) output voltage. Most common constant voltage drivers (or Power Supplies) are 12VDC or 24VDC. An LED light that is rated for constant voltage usually specifies the amount of input voltage it needs to operate correctly. |
| Constant Current Driver | Constant current LED drivers are designed for a designated range of output voltages and a fixed output current (mA). LEDs that are rated to operate on a constant current driver require a designated supply of current usually specified in milliamps (mA) or amps (A). These drivers vary the voltage along an electronic circuit which allows current to remain constant throughout the LED system. |
| Minimum Energy Performance Standards (MEPS) | Minimum Energy Performance Standards specify the minimum level of energy performance that appliances and equipment must meet or exceed before they can supply or used for commercial purposes. |
| Luminous Efficacy | Luminous efficacy is a measurement commonly used in the lighting industry that indicates the ability of a light source to emit visible light using a given amount of power. |
| Solid State Lighting | Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas. |
| Rated Lamp Life | Lamp life, also referred to as rated life, is the time in hours a lamp will last before a percentage of lamps will burn out. |
| Color Temperature | Colour temperature is a scale that measures how ‘warm’ (yellow) or ‘cool’ (blue) the light from a particular source is. It is measured in degrees of the Kelvin scale (abbreviated to K), and the higher the number, the ‘cooler’ the light. The lower the ‘K’ number, the ‘warmer’ the light. |
| Ingress Protection rating (IP rating) | The IP (Ingress Protection) rating of a bulb or light fixture declares the level of protection it has against dirt and water. |
| Fidelity Index | The general colour fidelity index, Rf, represents how closely the colour appearances of the entire sample set are reproduced (rendered) on average by a test light as compared to those under a reference illuminant. |
| Gamut Index | The gamut area is defined as “the area enclosed by a set of test color samples illuminated by a light source, in a two-dimensional chromaticity diagram or a plane of color space.”1 Within a defined color space, a “gamut” describes the subset of colors that can be perceived under specific lighting conditions. |
| Binning | In the lighting industry, the act of "binning" of LEDs is the process of sorting LEDs by certain characteristics, such as color, voltage, and brightness. |
| Accent lighting | Accent lighting, also called highlighting, emphasizes objects by focusing light directly on them. Accent lighting is used inside and outside the home to feature locations such as an entrance or to create dramatic effects. |
| Dimmable driver | A dimming driver has two functions: As a driver, it converts the 230V AC mains input to a low voltage DC output. As a dimmer, it reduces the amount of electrical energy flowing to the LEDs, thereby causing them to dim. |
| Flicker | Flicker is the repeated and frequent variation in the output of a light source over time. |
| Fluorescent | A property of materials defined as the ability to emit light after absorbing electromagnetic radiation such as visible or UV light. |
| Candela | The candela is the unit of luminous intensity in the International System of Units. It measures the light output per unit solid angle emitted from a light source in a specific direction. |
| LUX | Lux is used to measure the amount of light output in a given area - one lux is equal to one lumen per square meter. It enables us to measure the total "amount" of visible light present and the intensity of the illumination on a surface. |
| Uniformity (U0) | The uniformity of lighting has significant effects on visual performance in both indoor and outdoor areas. Uniformity (represented as U0) value can be found by dividing the minimum brightness (Emin) resulting from calculations according to the current lighting order, to the average brightness value (Eavg). |
| Visible Light Spectrum | The visible light spectrum is the segment of the electromagnetic spectrum that the human eye can view. More simply, this range of wavelengths is called visible light. Typically, the human eye can detect wavelengths from 380 to 700 nanometers. |
| Ambient Temperature | Ambient Temperature is the temperature of the air surrounding an electrical enclosure. |
| Current-controlled dimming control | Current-controlled dimming controls LED brightness by varying the applied current using a 0-10V dimmer. Current-controlled dimming is smooth and HD-video friendly. It can only dim to a minimum of 5% of light output. |
| Design Light Consortium | It is a partnership of energy efficiency stakeholders in the United States and Canada to “promote quality, performance and energy efficient lighting solutions for the commercial sector”. |
| Pulse Width Modulation | Pulse-width modulation, or pulse-duration modulation, is a method of controlling the average power delivered by an electrical signal. |
| Surface Mounted Device | A surface mount device (SMD) is an electronic device whose components are mounted or placed directly on the surface of a printed circuit board. |
| Alternating Current | Alternating current is an electric current which periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current, which flows only in one direction. |
| Direct Current | Direct current (DC) is an electric current that is uni-directional, so the flow of charge is always in the same direction. |
| Beam Angle | Beam angle (also called beam spread) is a measure of how light is distributed. On any plane perpendicular to the centerline of the light, the beam angle is the angle between two rays where the light intensity is 50% of the maximum light intensity. |
| LED Based Solar High Mast Lighting Systems | A Solar LED High Mast Light is a raised source of High illumination lights (6~8 lights) and with high intensity on the middle of major junctions (Ring roads, Outer Ring roads), turned on or lit automatically in the absence of light (at specified timings or at periodic times, every night). |
| Surface Mounted Diode (SMD) LEDs | A surface mount diode is a type that emits light and is flat mounted and soldered onto a circuit board. |
| Chip on Board (COB) LEDs | A COB LED is basically multiple LED chips (usually 9 or more) glued directly onto a substrate by the manufacturer to form a single module. |
| Dual In-Line Package (DIP) LEDs | A dual in-line package (DIP or DIL) is an electronic component package with a rectangular case and two parallel rows of electrical connector pins. |
| Graphene LED Lights | A graphene LED light bulb is simply an LED light bulb where the filament has been coated in graphene. A graphene LED bulb is reported to be 10% more efficient than regular LED light bulbs and they are cheaper to manufacture and buy. |
| LED Corn Bulbs | LED Corn lights are designed as an energy efficient alternative to high intensity discharge (HID) and SON lamps. It uses a large number of LEDs on a metal structure to provide sufficient light. This arrangement of LEDs looks a lot like a corn cob, hence the name "corn light". |
| Per Capita Income | Per capita income or total income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size. |
| Charging Stations | A charging station, also known as a charging station or electric vehicle utility, is a power supply that provides electrical energy for charging plug-in electric vehicles. |
| Headlight | A headlight is a light that is mounted on the front of a car and illuminates the road in front of it. Low beam and high beam LED headlights are additional categories for these LED headlights. |
| Day Time Running Light (DRLs) | A daytime running lamp is a white, yellow, or amber lighting device mounted on the front of a road-going motor vehicle or bicycle. |
| Directional Signal Light | Directional signal lights are the front and rear lights on an automobile that flash to show the direction of a turn. |
| Stop Light | A red light that is mounted to the back of a car and turns on when the brakes are used to show that the car is stopped. |
| Reverse Light | The reverse light is at the back of the vehicle to indicate its backward motion. |
| Tail Light | A red light that can be seen in the dark is mounted on the rear of a road vehicle. Stop, reverse, and directional signal lights are all part of it. |
| Fog Light | Bright lights in automobiles used to increase visibility on the road in foggy conditions or to warn other drivers of the presence of the vehicle. |
| Passenger Vehicle | A passenger vehicle is a road vehicle, other than a moped or a motorcycle, intended for the transportation of people and designed for up to 8 to 9 seats. |
| Commercial Vehicle | A commercial vehicle (Bus, Truck, Van) is any type of motor vehicle used to transport goods or pay passengers. |
| Two Wheelers (2W) | A two-wheeler is a vehicle that runs on two wheels. |
| Streets & Roadways | Both roads and streets refer to hard, flat surfaces on the ground on which vehicles, people, and animals can travel. Since streetways are usually in cities and towns, they often have houses and buildings on both sides. The roadway is in the countryside and sometimes passes through forests and fields |
| Horticulture Lighting | Horticulture is the science and art of sustainably growing, producing, marketing and using high quality, intensively cultivated food and ornamental plants. |
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Research Methodology
Mordor Intelligence has followed the following methodology in all our data center reports.
- Step 1: Raw Data Collection: To understand the market, initially, all crtical data points were identified. Critical information about countries and regions of interest including Per-capita Income, Population, Automotive Production, Interest rate on Auto-Loans, Number of Automobiles on Road, Total LED Import, Lighting Electricity Consumption among others were recorded or estimated based on internal calculations.
- Step 2: Identify Key Variables: To build a robust forecasting model, key variables such as Number of Households, Automotive Production, Road Networks among others were identified. Through an iterative process, the variables required for the market forecast were set, and the model was built using these variables.
- Step 3: Build a Market Model: Based on data and critical industry trend data (variables), including LED pricing, LED penetration rate, and project macro and micor economic factors were utilized for building the market forecasting.
- Step 4: Validate and Finalize: In this crucial step, all market numbers and variables derived through an internal mathematical model were validated through an extensive network of primary research experts from all the markets studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step 5: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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