The global LED lighting power supply market is about to enter into a $10 billion business opportunity. The IMS Research report of the market adjustment agency pointed out that the LED lighting market is rapidly rising due to the rise of regulations and electricity charges. It is expected that the sales volume of the power supply equipment will reach 4 billion units in 2016, and the total output value will be as high as 10 billion yuan. Dollars.
According to Ryan Sanderson, senior market analyst at IMS, applications ranging from retrofit LED light sources and light bulbs for low-power residential applications to LED high-power commercial and industrial LED lighting devices such as streetlights, various LED lighting solutions are in demand. Impatience increased.
As the LED light source and luminaire market has just begun to develop, manufacturers face challenges in power electronics expertise and thus open the door to power supply manufacturers. Sanderson pointed out that the new LED lighting power requirements, depending on the power rating (PowerRating), the number of LED or LED string and the use of design factors such as the environment. These design requirements, coupled with the current lack of clear standards for LED lighting, require that LED luminaire manufacturers strengthen their power electronics expertise by hiring professionals or working with power supply vendors.
It is worth noting that some large LED luminaire manufacturers such as Philips have also established related technical capabilities through subsidiaries or acquisitions of power supply vendors; this has caused certain power supply manufacturers to remain in a situation where they are acquired. Some of the power supply business opportunities are also categorized by these vertically integrated large companies.
However, vendors that only provide power supplies still have market niche points. Jonathon Eykyn, market analyst at IMS Research, believes that manufacturers of LED lamps with power supply production lines can only seize the market for products with simple designs, low prices, and high demand, such as LED replacement lamp sources, and power supplies for medium and high power applications. The design is more complex and it is more cost effective to outsource the power supply. Based on this, IMS Research predicts that in 2016 power supply vendors will have more than half market share.
According to Ryan Sanderson, senior market analyst at IMS, applications ranging from retrofit LED light sources and light bulbs for low-power residential applications to LED high-power commercial and industrial LED lighting devices such as streetlights, various LED lighting solutions are in demand. Impatience increased.
As the LED light source and luminaire market has just begun to develop, manufacturers face challenges in power electronics expertise and thus open the door to power supply manufacturers. Sanderson pointed out that the new LED lighting power requirements, depending on the power rating (PowerRating), the number of LED or LED string and the use of design factors such as the environment. These design requirements, coupled with the current lack of clear standards for LED lighting, require that LED luminaire manufacturers strengthen their power electronics expertise by hiring professionals or working with power supply vendors.
It is worth noting that some large LED luminaire manufacturers such as Philips have also established related technical capabilities through subsidiaries or acquisitions of power supply vendors; this has caused certain power supply manufacturers to remain in a situation where they are acquired. Some of the power supply business opportunities are also categorized by these vertically integrated large companies.
However, vendors that only provide power supplies still have market niche points. Jonathon Eykyn, market analyst at IMS Research, believes that manufacturers of LED lamps with power supply production lines can only seize the market for products with simple designs, low prices, and high demand, such as LED replacement lamp sources, and power supplies for medium and high power applications. The design is more complex and it is more cost effective to outsource the power supply. Based on this, IMS Research predicts that in 2016 power supply vendors will have more than half market share.
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