LED lamps used in explosion-proof lighting fixtures to reach $248 million in 2020
Aptos, CA (USA) -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of their market forecast study of the worldwide use of light emitting diode-lighting (LED) lamps in Explosion-Proof Lighting.
Aptos, CA (USA) -- ElectroniCast Consultants, a leading market research consultancy, today announced the release of their market forecast study of the worldwide use of light emitting diode-lighting (LED) lamps in Explosion-Proof Lighting.
According to the ElectroniCast report, the global consumption value of LED-based lamps, which are used in explosions-proof light fixtures, is forecast to increase from $151.5 million in 2013 to $248.1 million in the year 2020 (a 7.3% annual increase).
Unsafe lighting is one of the most common potential sources of ignition. 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.
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. 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. In terms of value, the Asia Pacific (APAC) region is forecast to grow at a slightly faster pace versus other regions during the forecast period. The APAC region consumption is driven by use of the LED lamps in the commercial/ industrial (factory) application.
The Specialty, Panel and Miscellaneous lamp category is forecast to increase at the fastest pace during the forecast period. ElectroniCast 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; however, because of the huge number of vendors in the standard-type of LED Lamp space, the competition and technology advancements are driving the average selling price (per unit) down faster than in the other product categories, which at the same time is keeping the value growth at a relatively slow pace.
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 ElectroniCast 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).
According to ElectroniCast, the General Area lamps led in market share with 53% of the worldwide consumption value of LED lamps used in explosion-proof lighting fixtures in 2013.
This market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; [email protected]
ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communications and manufacturing companies, as well as the investment/financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.
Unsafe lighting is one of the most common potential sources of ignition. 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.
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. 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. In terms of value, the Asia Pacific (APAC) region is forecast to grow at a slightly faster pace versus other regions during the forecast period. The APAC region consumption is driven by use of the LED lamps in the commercial/ industrial (factory) application.
The Specialty, Panel and Miscellaneous lamp category is forecast to increase at the fastest pace during the forecast period. ElectroniCast 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; however, because of the huge number of vendors in the standard-type of LED Lamp space, the competition and technology advancements are driving the average selling price (per unit) down faster than in the other product categories, which at the same time is keeping the value growth at a relatively slow pace.
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 ElectroniCast 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).
According to ElectroniCast, the General Area lamps led in market share with 53% of the worldwide consumption value of LED lamps used in explosion-proof lighting fixtures in 2013.
This market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; [email protected]
ElectroniCast Consultants – www.electronicast.com specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communications and manufacturing companies, as well as the investment/financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.
Contact:
Theresa Hosking, Vice President, Sales and Marketing - ElectroniCast Consultants+1-831-708-2381
