Year 11 | 10 December 2019 | staff@teatronaturale.com TO ENTER | TO REGISTER

Global energy efficient lighting market analysis and forecasts to 2015

The revenue share of Incandescent lamps decreased from 69% in 2004 to 59.2% in 2008 when the fluorescent lamps went from 21.8% in 2004 to 33.2% in 2008.

Globally, the conventional Incandescent Lamps are witnessing a decline in sales. The revenue share of Incandescent lamps decreased from 69% in 2004 to 59.2% in 2008 when the fluorescent lamps went from 21.8% in 2004 to 33.2% in 2008.
The global lighting industry, clocking a sale of 20 billion units per year, was historically dominated by incandescent bulbs. 14.4 billion Lamp units out of this belong to the incandescent category. The dominance of Incandescent lamps all these years have been due to their lower prices than efficient lighting systems. Progressive developments over the years have brought down the price of efficient lighting systems by 60%. This reduction in prices has boosted the sales of energy efficient lamps in a big way.

Energy consumption reduction and cost savings that come with energy efficient lightings have been inviting fund flows from government and industry majors alike. Legal Enforcements and Government Incentives are expected to sustain the momentum of growth for energy efficient lighting products. The demand for energy efficient lighting will be pronounced especially in the developing countries of Asia Pacific.

Over the last few years, Asian countries have upstaged the European countries to emerge as the largest market for energy efficient lighting. This is due to a sudden surge in demand from the developing economies like China.

by S. C.
22 october 2009, Food & Fun > Nature

MOST POPULAR ARTICLES