European Market Forecast – LED-Based Lamps

According to ElectroniCast, PAR and General Service/Decorative lamps share the lead in market share versus other lamp-types in Europe in 2011

Upper Lake, CA (USA) – June 29, 2011  -- ElectroniCast Consultants, a leading market & technology forecast consultancy, today announced their 5-year market forecast of the European consumption of light emitting diode (LED) lamps in solid-state lighting (SSL) General Lighting applications. 

According to the ElectroniCast study  – In 2011, the Parabolic Aluminized Reflector (PAR) LED lamps and General service/Decorative consumer-level bulbs (lamps), are co-leaders of the relative market share of LED-based lamps consumed in Europe. The third-place position is held be Multifaceted reflector (MR) Compatible lamps, followed by street lighting and finally the linear/tube lamp product category.

This market forecast of European consumption is also segmented by three major end-user categories: Government, Commercial/Industrial and Residential/Non-Specific.  “The Commercial/Industrial user category is forecast to lead in terms of market share during the 2010-2015 timeline; however, both the Government and the Residential/Non-Specific sectors are forecast for faster annual growth,” said Stephen Montgomery, president – International Business at ElectroniCast Consultants.

ElectroniCast forecasts that Western Europe will maintain the leadership role in relative market share throughout the forecast period (2010-2015). The consumption value of LED lamps, which are used in SSL General Lighting, in Western Europe reached nearly 46% percent market share in 2010.  LED consumption (value) in Western Europe is forecast to increase at an average annual growth rate of 34.5 percent (2010-2015).

“We forecast that LED Lamp consumption in SSL general lighting in Northern Europe will increase at a slightly faster pace (36%) versus Western Europe.  Both Southern Europe and Eastern Europe are forecast to trail the market leaders; however, Eastern Europe is forecast to grow more than twice as fast as Southern region, pushed along by aggressive projected take-rates, especially in Russia,” Montgomery added.

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This 593-page market forecast report is available immediately from ElectroniCast Consultants (fee $4,200). For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; thosking@electronicastconsultants.com  

ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community.  Reduction of the risk of major investment decisions is the main benefit provided.  ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.