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Global smart-lighting market set to double in size by 2023, despite consumer unawarenessMay 12, 2020Worldwide sales of smart-lighting and connected control systems are expected to swell to $21 billion in 2023, up from $10 billion in 2018, according to Omdia. Sales of residential do-it-yourself (DIY) smart lighting systems will be one of the most important factors driving market revenue growth and raising awareness of the concept of smart lighting.
Introducing Omdia: Informa Tech launches new research powerhouse following acquisition of the majority of IHS Markit’s technology, media and telecommunications research business to connect the dots for customers across the tech industryOmdia will replace all existing brands within Informa Tech’s research businesses, including Ovum, Heavy Reading and Tractica.February 05, 2020Informa Tech today announces the forthcoming launch of a new technology research powerhouse, Omdia, on Feb. 20, 2020.
Philips offers immersive smart-light solution for streaming videoSeptember 17, 2019Aided by this type of innovation, the global market for smart home light bulbs is set to expand to $2.8 billion in 2023, rising by more than a factor of 10 from $241.6 million in 2017.
Tight Supplies Impede LCD Panel Cost Reduction in Third Quarter of 2018, IHS Markit SaysSeptember 10, 2018Tight supplies of display panel materials and components, such as driver integrated circuit (IC), glass substrate and polarizer, are expected to slow the decline rate of liquid crystal display panel costs, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.
Smartphone Display with Notch Design Estimated to Cost About 20 Percent More, IHS Markit SaysMay 28, 2018Notch design of smartphone displays is estimated to raise manufacturing cost of display panels by more than 20 percent, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.
LEDs Took Half a Billion Tons of Carbon Dioxide From the Sky in 2017, IHS Markit SaysDecember 21, 2017The use of LEDs to illuminate buildings and outdoor spaces reduced the total carbon dioxide (CO2) emissions of lighting by an estimated 570 million tons in 2017.
IHS Markit Releases Ranking of Top LED SuppliersAugust 15, 2016IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today released its annual 2015 revenue-share ranking of the top LED suppliers in backlighting, automotive, lighting and other applications.
Ten Lighting and LED Trends to Watch in 2015January 15, 2015EL SEGUNDO, Calif. (January 14, 2015) – The recent restructuring by major global lighting companies will allow LED makers to raise capital for investments in 2015. According to “Top Lighting and LEDs Trends for 2015,” a new white paper issued by the IHS (NYSE: IHS), last year’s restructuring could lead to improved margins for leading companies, along with the potential for lower product prices for consumers.
LED Nobel Prize Invention Leads to $17.7 billion Market and 250,000+ JobsOctober 07, 2014The 2014 Nobel Prize for physics awarded today to three physicists for their invention of blue light-emitting diodes (LED) led to a significant breakthrough and paved the way for the creation of white light—a cleaner, more energy-efficient and longer-lasting source of illumination that also has generated a multibillion-dollar market and the creation of hundreds of thousands of jobs, according to IHS Technology (NYSE: IHS).
Lighting Accounted for One-Quarter of all LED Driver IC Revenue in 2013June 23, 2014One out of every four dollars spent worldwide on light-emitting diode (LED) drivers in 2013 was used for lighting applications, illustrating the growing importance of illumination in the LED business, according to IHS Technology (NYSE: IHS).
First Chinese Supplier Breaks into Top 10 LED Rankings in 2013June 19, 2014China’s massive investments in light-emitting diode (LED) manufacturing capacity are paying off, with a Chinese company entering the top ranks of the global market for the first time ever, according to IHS Technology (NYSE: IHS).
Shift in Lighting Technologies to Dim Energy Use by End of DecadeFebruary 28, 2014A fundamental paradigm shift in lighting technologies toward more efficient lamps and bulbs will significantly reduce global electricity demand for general illumination in the next few years...
GaN LED Revenue Ascends 10.6 Percent in 2013—but Market’s Era of Fast Growth Is Coming to An EndFebruary 13, 2014Driven by surging demand from the lighting, tablet and cellphone backlighting segments, global revenue for gallium nitride light-emitting diodes (GaN LED) climbed 10.6 percent in 2013, but...
GaN-on-Silicon LEDs Forecast to Increase Market Share to 40 Percent by 2020December 04, 2013The penetration of gallium nitride-on-silicon (GaN-on-Si) wafers into the light-emitting diode (LED) market is forecast to increase at a compound annual growth rate (CAGR) of 69 percent...
LED Backlighting to Reach 90 Percent Penetration in LCD TVs in 2013November 05, 2013With LED backlighting technology approaching the saturation point in the liquid-crystal display (LCD) television panel market this year, suppliers of light-emitting diodes are turning their...
China’s San’an Could Lead in GaN LED Wafer Capacity by End of 2014October 17, 2013Chinese die vendor San’an is projected to take the lead in gallium nitride light-emitting-diode (GaN LED) wafer capacity by the end of 2014, overtaking current leader Epistar of Taiwan, according to IHS Inc. (NYSE: IHS).
While Epistar is forecast to continue its spot at the pinnacle this year and through most of 2014, its run at the top will end sometime in the fourth quarter when San’an takes over.
Wafer capacities are calculated by IHS based on tracked metal organic chemical vapor deposition (MOCVD) installations, and San’an’s potential lead is dependent on a planned installation of new machines in 2014. “The second-phase fab of San’an in Wuhu is ready for another 100 GaN LED MOCVD tools in addition to the 100 that had been installed in 2011,”,said Alice Tao, senior analyst for LEDs and lighting at IHS.
Global Market for Packaged LEDs for Lighting to Nearly Double in Three YearsOctober 11, 2013Amid falling prices and rising consumer acceptance, light-emitting diode (LED) technology is taking over the lighting business, spurring a 96 percent increase in packaged LED revenue in the...
Demand for Key Raw Material Set to Double as LED Market BoomsAugust 07, 2013Global demand for precursor, a material used in manufacturing of light-emitting diodes (LEDs), is set to more than double from 2012 to 2016, as the market for LED lighting booms, according to...
LED Oversupply Likely to Continue as Suppliers Add Production CapacityAugust 02, 2013Despite a major surplus in the light-emitting diode (LED) market, top suppliers are increasing their capital spending and production because of government incentives and in order to cash in on...