I'd came across a write up on how Major Lighting Companies are adapting to the growing adoption in LED lighting globally.
A quick summary of my own interpretation on the article;
1. Philips and GE is working on creating SMART lightings, where the lighting itself is the internet of things. It'll be able to communicate by sending out signals via light waves.
2. Osram is moving towards lighting application for automotive industry.
3. Nichia Chipsets are used in Smart phones, Laptops and car headlights.
4. Samsung is ceasing its LED bulbs sales overseas and Cree is cutting manufacturing capacity due to declining prices and lower expected sales.
5. From the pie chart provided by Frost and Sullivan, we can see that 59% of the market share is taken by unknown competitors. In my person opinion, a huge contribution of which should come from China as their LED manufacturing industry is large and relatively more mature as of today.
6. It was estimated that LED lighting industry grew by 35% last year to USD32.3 Bn last year and is expected to hit USD70 Bn by 2019. In my own view, the industry will probably reach that mark earlier than expected.
With the increasing awareness of LED lighting benefits, maturing technology that offers backward compatibility, greater support from governments, stabilisation of LED lighting costs, increasing adoption of LED lights in other industries (e.g. IT hardware, Automotives etc); LED lighting has become the first consideration before fluorescent lighting. The mindset shift will accelerate the integration and usage of LED lighting across all sorts of applications.
As we continue to develop SMART lightings, where each lighting fixture or module is able to transmit data or signal; the greater use of this semiconductor LED electronic will take an ever more important role in our world.