Thursday, May 25, 2017

5 LED Lighting Market Trends You Should Pay Attention to in 2017


5 LED Lighting Market Trends You Should Pay Attention to in 2017


By: Michael Munoz - DUMALUX LED Lighting

A decade ago, the work of most LED lighting companies was centered on educating the public about the benefits of LEDs and how they surpassed other lighting options when compared.

The years have since rolled by and major in-roads or milestones have been made and celebrated by the LED industry and today, its importance has been recognized, as the approximately 30 billion dollars global market built around LED shows.

In this decade, the challenges to be faced are quite different and in this article, the 5 most important challenges and the LED lighting market trends they have created will be covered in the succeeding paragraphs:


1. The Rise of Bespoke Products will Yield more Profits

The market for generic LED fixtures and lights like bulbs, panels and tubes has definitely become oversaturated as more manufacturers join the “LED revolution” and price wars take place.

Therefore for manufacturers to stand-out in the LED community, a shift in design perspective is been considered by most manufacturers.

2017, is expected to see LED manufacturers provide customized products for niche industries—interior décor, hotels, bars, outdoors etc.—in order to bring in more profits.

A customization option that we believe will feature prominently in 2017 is the use of innovative designs, which allows manufacturers in the LED lighting industry to differentiate themselves from each other.


These customizable LED fixtures will provide manufacturers with enough flexibility when setting prices for their LED lights.

2. The Smart Lighting Sector will Spearhead Innovation in the LED Industry

The euphoria that greeted the introduction of Smart LED fixtures to consumers is slowly waning due to a lack of innovation in the sector.

But there are still great strides to be made and successful innovations in this sector could be the difference between achieving profitability or going bust for LED manufacturers and vendors.

It is also important to note that the ability to dim lights and tune lighting colours are played out which means fresh innovation is needed to breathe light into the smart LED lighting sectors.

Recognizing these challenges, a couple of LED manufacturers have taken the bull by the horns. And the example of TVilight, a smart lighting startup that produces LED systems is a testament to this.

In the Dutch city of Eindhoven, this startup installed smart LED systems with the ability to determine how busy a street is in order to produce adequate lighting for commuters.

This system illuminated busy pathways and switched off when these pathways were empty. TVilight’s successes have led to the further integration of its smart LED systems in countries across Europe.

TVilight’s successes are just a sneak peek into what smart LED systems can do—in terms of saving energy, beautifying cities etc.—for today’s society. 2017 will see more start-ups commercializing smart LED systems for both domestic and commercial consumption.


3. LED to Make In-roads in the IoT Community

The Internet of Things (IoT) concept which is based on seamless interconnectivity across all facets of human life has a new target… And this target is the LED lighting community.

The global pursuit of interconnected smart devices and systems has created an enabling environment that LED manufacturers—interested in developing smart systems—can ‘leverage’ on.

Here, the term ‘leverage’ means manufacturers can develop IoT-enabled LED systems as a means to achieving profitability.

Through to form, the LED community has accepted this challenge and manufacturers are beginning to integrate LED systems into IoT in unique ways.




A great example is the case of Tridonic’s—a supplier of lighting solutions—collaboration with EON Reality Inc.—an augmented reality firm—to create LED lights controlled and supported by augmented reality applications.

Its aim is to create lighting systems that can be controlled and maintained with AR applications. Such systems can then be deployed in greenhouses, airports or other places where the need to maintain adequate lighting to increase productivity or growth is important. 

Lastly, the ability to integrate these applications into home automation systems will create an avenue for IoT-powered LED lights to break into the domestic consumer space.

Getting this right will definitely increase the market share of LED manufacturers in the domestic or homeowners’ market.

4. Non-visible LED Lights Will Receive Mainstream Acceptance

The fierce competition among manufacturers in the LED community has created an environment where each vendor introduces new concepts to out-do the competition.

This competitiveness has led manufacturers to focus on LED applications in the non-visible light spectrum such as the use of UVs or IR LEDs.

In 2016, non-visible LEDs were predominantly used in the security and remote control design industries but 2017 is set to see it penetrate other industries such as; the biometrics, biomedical and agricultural industries.


Although access to the technological components that support non-visible LED lights is still not readily available to most manufacturers, 2017 may signal a changing landscape in the production of non-visible LED.

 

5. China’s Dominance is a LED Lighting Market Trend that is set to Continue

It is no longer news that Chinese LED lighting manufacturers backed by government financial aid, have carved out a huge chunk of the global LED market for itself and 2017 is expected to witness a continuation of this trend.

In the 4th quarter of 2016, a Chinese consortium led by MLS attempted to purchase the German lighting giants, Osram’s LEDADVANCE, in a megadeal which was stopped by the German government.

Although the German economic ministry refused to comment on the reason why it interfered, experts interpreted its interference as the countries way of halting China’s big push into the LED lighting market.

A larger offer in 2017, pushed the scale in China’s favour and Osram’s LEDAVANCE was finally purchased by the Chinese. This trend is set to continue as government-backed Chinese firms look to control the global LED market in order to push prices in its favour.



Final Thoughts

Now you have our predictions for 2017 and the question it raises to manufacturers, vendors and third-party distributors is simple:

How will your organization tackle these changes? We are interested in hearing about your strategies and ideas to beat the odds in 2017 which means that the comment box below is open to your contributions.

Do you want to hear more? Please do not forget to visit our blog.
Special LED journalist Michael Munoz.
LED Fever.

23 comments:

Anuj Agarwal said...

Hi HK Snob Team,

My name is Anuj Agarwal. I'm Founder of Feedspot.

I would like to personally congratulate you as your blog LED Fever has been selected by our panelist as one of the Top 75 LED Lighting Blogs on the web.

http://blog.feedspot.com/led_lighting_blogs/

I personally give you a high-five and want to thank you for your contribution to this world. This is the most comprehensive list of Top 75 LED Lighting Blogs on the internet and I’m honored to have you as part of this!

Also, you have the honor of displaying the badge on your blog.

Best,
Anuj

HK Snob said...

Anuj

I will be spending more time back to LED again after my Retirement from Current assignment

HK Snob

HK Snob said...

Thanks!

Nicokoled said...

We are appreciating it very much! Looking forward to another great article. Good luck to the author! Are you trying to increase your visibility off road? Adrenaline Off road & Customs can help. We Led light bar suppliers , Off road lights for truck from Nicoko International Co., Limited.

Thanks,
Nicokoled

Unknown said...

I have no words to explain my feelings about your post 1987 El Camino LED

Éclairage linéaire said...

thanks for sharing this great article for us

Unknown said...

Hi, I really like your blog you’ve written very well. I must say you have lot of knowledge about this but I want to suggest you something that if you are looking forb Free ad Posting Websites www.helpadya.com there is one more website www.helpadya.com

Đèn trang trí Hà Nội said...

Thanks for sharing .
https://dentrangtrihanoi.vn/

Orkus said...

Buy LED Bulbs, CFL Lights and Lamps for Home,Office,Restaurant, Retail and Corridors Online only on www.orkus.in

Guest said...

Tunisie Led site de vente en ligne des
luminaire tunisie Tunisie led, projecteur en tunisie.

Achetez des lampes LED de qualité aux meilleurs prix en Tunisie chez luminaire tunisie en ligne.

luminaire Led Tunisie, éclairage du futur, la lumière du 3ème millénaire.

Fournisseurs pour Spots d'éclairage à LED en Tunisie.
led Tunisie
eclairage tunisie
prix spot led encastrable tunisie
tube led tunisie

lampe led tunisie
led Tunisie eclairage tunisie
lampe led tunisie
led Tunisie
legrand tunisie
somef tunisie
stiel by alpha tunisie
électricité tunisie
matriel bricolage tunisie



Unknown said...

Hello,
Thank you so much for this wonderful article post! If someone want to learn more about led off road lights I think this is the right place for you.

Thanks,
Led light bar suppliers

Unknown said...

Is it real that you are pursuing down the LED TV Service Center in Hyderabad Electronicservicecenter.in is one of the fundamental multi check advantage center in twin urban areas. We have been advancing strong and quality affiliations wherever all through the city with our inside and out readied and fit bosses.

mounika said...

Hello
Nice Article Thanks for sharing
led suppliers in usa

Anonymous said...

Hello
Nice Article Thanks for sharing
commercial led lights dallas

Anonymous said...


Hello
Great Article Thanks for sharing
led suppliers in usa
Please Click Above Link here & Get information and latest ideas about led suppliers services

Pooja Rathor said...

Thanks for Sharing…this blog
Paper Led Bulb/Lamp Manufacturers Supplier in India, Delhi
Tube Lights Manufacturers Suppliers In India , Delhi
Down Light Manufacturers Suppliers & Exporter in India Delhi
Cob Light Manufacturer Suppliers In India Delhi
Industrial Light Manufacturer Suppliers in India Delhi
Flood Light Manufacturer, Suppliers in India Delhi
Street Light Manufacturers Suppliers in India Delhi
Led Display Board Manufacturer Suppliers in india Delhi
Solar Inverter Manufacturers Suppliers In India Delhi
Thankyou..

Floodlight Led Slim 20W 6000K 2yrs wnty said...

Informative post. Thanks for sharing.

Ener-jblog said...

Informative post. Thanks

Floodlight Led Slim 20W 6000K 2yrs wnty

yogesh said...

Your intelligence on the post could be giving us new knowledge. Write more, that's all I have to say. led light box sign

Ener-jblog said...

Amazing Post. Thanks for sharing.
Smart LED Tiles

Tina Philipa said...

I am very much happy to share to every viewers that is reading this,I want to inform the whole public of how I got help for my herpes, I wanted this since 6 months ago, I have also taken treatment from some doctor,few weeks back I came on the net to see if I will be able to get any information as to cure my herpes, on my search I saw various testimony of people who was helped by a great man called Dr Akhigbe and without any hesitation, I contacted him, I wrote to him and and he guided me, I asked him for solutions and he started the remedies for me and indeed 3 weeks after I started using the medicine, I was completely happy as it worked for me.I went to the hospital for check up and indeed I was declared negative from my disease, and I also waited again for two weeks and went back to another hospital for check up to be fully sure and to my great surprise I was still declared negative, and I decided to share this great opportunity to those people out there fighting this sickness, You can contact him now for your medicine to cure your diseases, contact his Email; drrealakhigbe@gmail.com or Whatsapp +2348142454860. website. hpps:drrealakhigbe.weebly.com

Dr Akhigbe als cure diseases like..
HiV
Herpes
Cancer
Chronic Disease
Asthma
Als
Heart Disease
Diabetes. etc
contact him for your solution

Ayurveda Online Store said...

Thanks for sharing the information, you have written an excellent blog on LED lights.

Paz Millie davis said...

Nowadays, it is better to use led products compare to incandescent as we all know led lighting products is more environmentally-friendly alternative, efficient and power-wise.