This 2015-2022 market forecast of the American,
European/Middle Eastern and African (EMEA), and Asia Pacific (APAC) regional
consumption is presented for selected LED-based lamps in selected applications,
which require explosion-proof lighting solutions.
For the purposes of this study, Publisher defines
explosion proof lights (also known as hazardous location lighting and
intrinsically safe lights) as lighting products, which are certified in
accordance with and compliant to International regulative and safety standard
bodies for use in areas where flammable petrochemical vapors and/or pulverized
dust exist or have the potential to exist.
The information is presented in easy-to-follow
illustrations and text. The LED
explosion-proof lighting market environment is discussed. LED lighting technology overviews, trends and
analysis are presented. Terms, acronyms,
and abbreviations used are defined.
Working environments that contain explosive gases or
dust are extremely volatile environments. All it takes is a single spark to
cause an explosion. A variety of lights are available that are considered
explosion proof lighting because they prevent any possible ignition sources
from being exposed to the air.
Lights are a common cause of explosion ignition. Low
energy light fittings can help to prevent explosions because they do not
produce enough energy to ignite source materials. This intrinsically safe
equipment, though, can sometimes provide low quality lighting.
In the process of this market research project, in
addition to interviewing existing customers and potential customers of
LED-based explosion-proof lighting, Publisher Consultants also studied lighting
manufactures with various ranges of hazardous area lighting products, which are
suited to use in high-risk areas. The lighting fixtures are designed for
situations where explosive gases and dusts are found, providing suitable
lighting without enabling a risk of explosion.
The light emitting diode (LED) market, despite
exciting innovative devices driven by technological advances and
ecological/energy-saving concerns, still face challenges in overcoming
performance/price limitations and in attracting widespread consumption.
This report provides the research findings of our
study of the global consumption of Light Emitting Diode Lamps, which are used
in luminaires in solid-state lighting (SSL) Explosion-Proof Lighting
applications.
The term "solid state" refers to the fact
that light in a light emitting diode (LED) is emitted from a solid object,
which does not contain moving parts or parts that can break, rupture, shatter,
leak or contaminate the environment —a block of semiconductor—rather than from
a vacuum or gas tube, as is the case in traditional incandescent light bulbs
and fluorescent lamps.
Compared to incandescent lighting, LED-based
solid-state lighting (SSL) delivers visible light with reduced heat. In
addition, its solid-state nature provides for greater resistance to shock,
vibration, and wear, thereby significantly increasing its lifespan.
LED Level
Quantified in the Publisher Study
Below, are five levels (or “food chain”) pertaining
to the LED marketplace. For the purposes
of this Publisher study, we quantify and provide a market forecast for “Level
4”
- Level 1 - The chip or die
- Level 2 - The LED component (packaged LED)
- Level 3 - LED array; may include optics, heat sink and/or power supply
- Level 4 - Lamp
- Level 5 - Luminaire (explosion-proof light fixture/lamp holder/enclosure)
The following
regions are quantified in this study report:
America (North, Central and South America)
EMEA (Europe, Middle East and Africa)
APAC (Asia Pacific)
This report provides the 2015-2022 forecast by the
following functions:
- Consumption Value (US$)
- Quantity (number/units) – Lamps only (not the fixtures)
- Average Selling Prices ($, each)
The value is determined by multiplying the number of
units (lamps) by the average selling price (ASP) in US Dollars. The ASPs are
not retail prices; the prices are based on the price of the LED lamp at the
initial factory level (prior to FOB – Free On Board). The value is then based on the end-use
application in the each region.
During the market research process, Publisher
analysts perform interviews with authoritative and representative individuals
in the LED and lighting industry, plus – R&D and
industrial/factory/manufacturing, from the standpoint of both suppliers and
users of explosion-proof LED lighting products.
Market
Forecast Product Categories
This market forecast of the worldwide consumption is
presented for four (4) major lamp-type categories, as shown below:
- Spot, Flood and General-Area
- Linear: Tube and String/Strip
- Small portable-type: Flash lights, wearable headlamp
- Specialty, Panel and Miscellaneous
Market
Forecast Sub-Application Categories - This market forecast of the worldwide
consumption for LED lamps used in explosive-proof lighting is presented for four
(4) major end-user group (sub-application) categories, as shown below:
- Power Plants, Pumping Stations, Substations
- Military Bases, Airports, Other Transportation Facilities
- Gas Stations, Paint-Spray Booths, Other Commercial/Industrial, Other/Non-Specific
- Oil Fields, Oil Refineries, Offshore Oil Platforms, Oil Tanks, Tunnels, Wharf, Mining and Other Similar
Increasingly, the automatic assembly and test
manufacturing process for LED solid-state lighting products allow for
mass-production capability. In addition,
over the next few years, the average selling prices of the LED-based lighting
products will be driven lower, as a result of production efficiencies, yield
improvements (aided by quality controls), competition (both market competition
and technology competition), marketing/sales distribution improvements, and
other factors.
Market Opportunity Analysis – Market Dynamics The study process by Publisher Consultants
takes into account the following points:
- Standards (including general regulations & standards, environmental issues, etc.)
- Policies and schemes for promoting the penetration of LED lighting
- Industry trends in LED lighting fixtures
- Distribution/Sales Channel
- LED Explosion-Proof Lighting competitive environment is considered
Since the light output of individual light-emitting
diodes (LEDs) is small compared to incandescent and compact fluorescent lamps,
multiple diodes are often used together.
With continuing improvement of diode technology, high power LEDs with
higher lumen output is enabling the replacement of other lamp technology with
LED lamps.
Luminaries are lighting fixtures complete with the
light source or lamp, the reflector for directing the light, an aperture (with
or without a lens), the outer shell or housing for lamp alignment and
protection, an electrical ballast (if required), and connection to a power
source, and usually a socket to hold the lamp and allow for its replacement.
The light emitting diode (LED) market, despite
exciting innovative devices driven by technological advances and
ecological/energy-saving concerns, still face challenges in overcoming
performance/price limitations and in attracting widespread consumption.
Consumption Value Forecast- The global consumption
value of LED-based lamps in explosion-proof lighting is projected to reach
$172.5 million in 2015. During the
2015-2022 timeline, Publisher forecast that the consumption (use) value is set
to increase at an average annual rate of 8.4 percent to $303 million in the
year 2022. The Europe, Middle East and
African (EMEA) region, driven by its use of explosion-proof lighting in the
oil-related industry, is forecast for slightly faster growth than the American
region. Market forecast data in this study report refers to consumption (use)
for a particular calendar year; therefore, this data is not cumulative
data.
In terms of value, the Asia Pacific (APAC) region is
forecast to grow at a faster pace versus other regions during the forecast
period, driven by use of the LED lamps in the commercial/ industrial (factory)
application. The American region (South,
Central and North America) region, pushed initially by the mining and
oil-relation sub-applications and is forecast later-on to hold strong market
positions in commercial/industrial, mining/oil-related, as well as the military
and transportation-oriented sectors.
The Specialty, Panel and Miscellaneous lamp category
is forecast to increase at the fastest pace during the forecast period. Publisher market research shows that LED
lamps specifically designed and tested for use in (explosion-proof / harsh
environment) application-specific fixtures will continue to increase in
consumption value at a steady pace.
In the General-Area lighting application, the large
range of existing (relatively common) LED-based spotlights and various-types
and sizes of standard-appearance bulbs or globes, have already found their way
into the explosion-proof lighting fixture marketplace.
Eventually, LED-based linear (tube) lamps, which are
ideal candidates to replace fluorescent tubes, are forecast to find a niche in
the explosion-proof lighting arena. The
prime market target for the LED linear Tube is lighting for Paint Spray
Booth/Facilities. The fluorescent tube
has long been an acceptable lighting solution explosion-proof lighting
fixtures, due to relatively high efficiency and long life. LED efficiencies are set to exceed those of
fluorescent tubes, with dimming and controllable color rendering readily
achievable.
Another product category that we quantified and are
presenting a market forecast for in this Publisher study is the LED lamps used
in harsh-environment or more specifically explosion-proof portable flashlights,
which also include wearable headlights (such as headlights used in the mining
industry).
The Gas Station, Paint Spray Booth and
Commercial/Industrial category is projected to lead in relative market share of
the global consumption value with 49 percent in 2015. The Oil and Mining related industry category
is relatively saturated in the use of lighting requirements, versus the other
application categories.
The Military Bases, Airports and Other Transportation
category is forecast with gradual and steady growth, based on the large number
of end-user facilities, potential expansion and Total Available Market (TAM).
Publisher Consultants also views the Power Plants,
Pumping Stations and Sub-stations category as relatively saturated in terms of
use of explosion-proof lighting, but not necessarily LED-based explosion-proof
lighting; therefore, as replacement for existing lighting fixtures, which use
non-LED (incumbent-technology) lamps, is required, LED-based units are forecast
to take market share.
Market
Research Methodology
Market analysis and technology forecasting are
complex tasks. Any predictions of the shape and trends of technology and
economic movement start from the notion that the germ of what will be important
tomorrow is present, although smaller or larger or in a different form, in our
environment today. However, taking as a basis for a prediction the assumptions
of current, conventional belief creates a set of preconceived notions that can
lead to serious mistakes. Publisher, instead, looks to the basic driving
forces.
Information
Base
This study is based on analysis of information
obtained continually over the past several years, but updated through the
beginning of August 2015. During this
period, Publisher analysts performed interviews with authoritative and
representative individuals in the LED manufacturing (materials, integrated
circuits/circuit boards, packaging, devices, connectors/pins/end-caps, plastic,
aluminum and glass manufacturers, associated parts/pieces, fittings/fixtures)
and military/aerospace, harsh environment concerns, painting (paint spray
booths), oil/gas and mining, power generation/nuclear,
industrial/manufacturing, mass transit authorities, transportation/
infrastructure, R&D, gas stations/service stations (lighting distributors),
government, and other. The interviews were conducted principally with:
- Engineers, marketing personnel and management at manufacturers of LEDs (chips, components, lamps and fixtures) as well as other technologies
- Design group leaders, engineers, marketing personnel and market planners at major users and potential users of LEDs
- Other industry experts, including those focused on standards activities, trade associations, and investments
The interviews covered issues of technology, R&D
support, pricing, contract size, reliability, documentation,
installation/maintenance crafts, standards, supplier competition and other
topics. Customers and distributors were
interviewed, to obtain their estimates of quantities received and average
prices paid. Customer estimates of
historical and expected near term future growth of their application are
obtained. Their views of use of new technology products were obtained.
The analyst then considered customer expectations of
near term growth in their application, plus forecasted economic payback of
investment, technology trends and changes in government regulations and
funding/tax-break legislation/rules in each geographical region, to derive
estimated growth rates of quantity and price of each product subset in each
application. These forecasted growth rates are combined with the estimated
baseline data to obtain the long-range forecasts at the lowest detailed level
of each product and application.
A full review of published information (secondary
research) was also performed to supplement information obtained through primary
research (interviews). The following sources were reviewed:
- Professional technical journals and papers
- Trade press articles
- Technical conference proceedings
- Product literature
- Company profile and financial information
- Additional information based on previous Publisher market studies
- Personal knowledge of the research team
In analyzing and forecasting the complexities of
worldwide markets for light emitting diode products, it is essential that the
market research team have a good and a deep understanding of the technology and
of the industry. Publisher consultants who participated in this report were
qualified.
Bottom-up Methodology- Publisher forecasts, as
illustrated in the forecast data structure, are developed initially at the
lowest detail level, then summed to successively higher levels. The background
market research focuses on the amount of each type of product used in each
application in the base year (this year: 2015), and the prices paid at the
first transaction from the manufacturer. This forms the base year data.
Publisher analysts then forecast the growth rates in
component quantity use in each application, along with price trends, based on
competitive, economic and technology forecast trends, and apply these to derive
long term forecasts at the lowest application levels. The usage growth rate
forecasts depend heavily on analysis of overall end user trends toward
equipment usage and economic payback.
Spanning over 351 pages “LED-Based Lamps Used in Explosion-Proof Lighting Global
Market Forecast 2015-2022” report covers Executive
Summary, LED-based Lamps in Explosion Proof Lighting Market Forecast by Product
Type, LED-based Lamps in Explosion Proof Lighting Market Forecast by
Application, LEDs – Technology Overview, Market Research Methodology,
Definitions and Standards, Market Forecast Data Base Explanation.
For
further information on this report, please visit-
http://mrr.cm/4y2
Find all Electrical Components Reports at: http://www.marketresearchreports.com/electrical-components
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