LEDs Poised to Outshine All Others in $4.4B Lighting Market
Posted in Be Green on September 7th, 2010 by admin – Be the first to commentOsram Sylvania, a subsidiary of Geman powerhouse Siemens AG, countered the following day with its alternative. It introduced attendees at the tradeshow in Las Vegas to the dimmable, mercury-free Sylvania ULTRA LED A-line 12-watt bulb, which its maker calls “the brightest LED replacement” for the traditional 60-watt bulb.
Taiwan-based GlacialTech Inc., a diversified manufacturing firm specializing in cooling, power and lighting, debuted LED products in announcements bracketing Taiwan’s International Lighting Show in March and the Lightfair expo. GlacialTech’s new offerings include a 19-watt portable LED outdoor floodlight and low-power T8 LED tubes.
With a U.S. mandate for more energy efficient lighting taking effect in 2012 and more businesses looking for ways to cut electricity costs, LEDs represent a burgeoning market for the lighting industry — and the rivalry is heating up among companies that want to seize the lion’s share of the sizable spoils.
A new study from Pike Research forecasts that LEDs will account for almost half of a $4.4 billion market for lamps in the commercial, industrial and outdoor stationary sectors by 2020.
Almost 18 percent of global electricity use goes toward lighting, and lighting in the U.S. consumes a fifth of the amount at an annual cost of more than $40 billion. With their ability to produce the same amount of light as traditional bulbs while consuming less energy and lasting far longer, LEDs represent a strong opportunity to cut expenses and reduce electricity use.
Typically, the LED replacements for traditional bulbs are described by their manufacturers as delivering 80 percent energy savings and lasting 25,000 hours, which can be 12 to 25 times longer than the bulbs they are replacing, depending on wattage and the company doing the talking.
Widely used for traffic signals and exit signs, LEDs have yet to break through the cost barrier, which has been the biggest obstacle to market penetration. But that’s expected to change.
Prospective price tags have been reported in the range of $60 for LED retrofits for incandescent 60-watt bulbs and $40 to $50 for LEDs that replace 40-watt bulbs. However, some companies are saying they can beat those prices, at least one already is, and all the firms are jockeying to be the best, brightest and “first” in a number of descriptive categories.

Since UCSF Medical Center replaced some of its surgical lighting with LED fixtures, doctors and nurses no longer complain about the heat from the light fixtures when performing surgical procedures.
“Not only does the LED technology reduce our energy costs, it also reduces maintenance,” said JoAnn Jenny, director of communications for Allegheny County Airport Authority.