{"id":7166,"date":"2015-02-23T15:30:28","date_gmt":"2015-02-23T20:30:28","guid":{"rendered":"http:\/\/www.constructionspecifier.com\/?p=7166"},"modified":"2016-12-19T15:33:38","modified_gmt":"2016-12-19T20:33:38","slug":"led-lamp-market-expected-to-grow","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/led-lamp-market-expected-to-grow\/","title":{"rendered":"LED lamp market expected to grow"},"content":{"rendered":"<figure id=\"attachment_7168\" aria-describedby=\"caption-attachment-7168\" style=\"width: 311px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/bigstock-T-Led-Tube-And-Various-Chille-55808612.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7168\" src=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/bigstock-T-Led-Tube-And-Various-Chille-55808612.jpg\" alt=\"T8 Led Tube And Various Chilled E27 Bulbs\" width=\"311\" height=\"207\" srcset=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/bigstock-T-Led-Tube-And-Various-Chille-55808612.jpg 900w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/bigstock-T-Led-Tube-And-Various-Chille-55808612-300x200.jpg 300w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/bigstock-T-Led-Tube-And-Various-Chille-55808612-624x416.jpg 624w\" sizes=\"auto, (max-width: 311px) 100vw, 311px\" \/><\/a><figcaption id=\"caption-attachment-7168\" class=\"wp-caption-text\"><span style=\"font-size: 10pt; font-family: arial,helvetica,sans-serif;\">The future of light-emitting diodes (LEDs) looks bright, according to a new market research study.<\/span> <em>Photo courtesy BigStock\/Ludinko<\/em><\/figcaption><\/figure>\n<p>The light-emitting diode (LED) lamp market has been forecasted to reach a consumption value of $3.36 billion in 2019\u2014\u00adalmost tripling from last year.<\/p>\n<p>According to ElectroniCast Consultants, the 2014 market hit $1.22 billion and will increase at an annual growth rate of 22.4 per cent to reach the <a title=\"http:\/\/www.electronicastconsultants.com\/files\/Announcement_USA.LED_Lamp_General_Lighting_February.2015_ElectroniCast.pdf\" href=\"http:\/\/www.electronicastconsultants.com\/files\/Announcement_USA.LED_Lamp_General_Lighting_February.2015_ElectroniCast.pdf\" target=\"_blank\">2019 prediction<\/a>. The market is based on general lighting applications including indoor and outdoor accent and functional lighting for residential, commercial, and government areas.<\/p>\n<p>The LED lamp market includes eight lamp categories:<\/p>\n<ul>\n<li>parabolic aluminized reflector (PAR);<\/li>\n<li>general service (A-Type);<\/li>\n<li>decorative for aesthetic expression;<\/li>\n<li>multifaceted reflector (MR)-compatible;<\/li>\n<li>linear tube and tape (protected strip);<\/li>\n<li>street-lights;<\/li>\n<li>high-bay for industrial use; and<\/li>\n<li>other miscellaneous LED lighting.<\/li>\n<\/ul>\n<p>Within each lamp category, there are subcategories determined by physical size and watt equivalents for a more precise calculation.<\/p>\n<p>Click <a title=\"http:\/\/www.constructionspecifier.com\/car-dealerships-and-leds-implement-sustainability-and-reduce-costs\/\" href=\"http:\/\/www.constructionspecifier.com\/car-dealerships-and-leds-implement-sustainability-and-reduce-costs\/\" target=\"_blank\">here<\/a> to read a previous article in <em>The Construction Specifier<\/em> that examined the use of LEDs at car dealerships to not only implement sustainability, but also reduce the cost of illumination.<\/p>\n<figure id=\"attachment_7167\" aria-describedby=\"caption-attachment-7167\" style=\"width: 752px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/Data-Figure-for-Kenilworth-Media_February.2015_ElectroniCast.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7167 \" src=\"http:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/Data-Figure-for-Kenilworth-Media_February.2015_ElectroniCast.jpg\" alt=\"Data Figure for Kenilworth Media_February.2015_ElectroniCast\" width=\"752\" height=\"564\" srcset=\"https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/Data-Figure-for-Kenilworth-Media_February.2015_ElectroniCast.jpg 960w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/Data-Figure-for-Kenilworth-Media_February.2015_ElectroniCast-300x225.jpg 300w, https:\/\/www.constructionspecifier.com\/wp-content\/uploads\/2015\/02\/Data-Figure-for-Kenilworth-Media_February.2015_ElectroniCast-624x468.jpg 624w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/a><figcaption id=\"caption-attachment-7167\" class=\"wp-caption-text\">This graph shows the U.S. market forecast for LED lamps from 2014 to 2019. <strong>Image courtesy ElectroniCast<\/strong><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The light-emitting diode (LED) lamp market has been forecasted to reach a consumption value of $3.36 billion in 2019\u2014\u00adalmost tripling from last year. According to ElectroniCast Consultants, the 2014 market hit $1.22 billion and will increase at an annual growth rate of 22.4 per cent through 2019. <\/p>\n","protected":false},"author":5,"featured_media":7168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[1297,1298,46,45,601],"class_list":["post-7166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-electronicast-consultants","tag-green","tag-led","tag-lighting","tag-sustainability","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LED lamp market expected to grow - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/led-lamp-market-expected-to-grow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LED lamp market expected to grow - The Construction Specifier\" \/>\n<meta property=\"og:description\" content=\"The light-emitting diode (LED) lamp market has been forecasted to reach a consumption value of $3.36 billion in 2019\u2014\u00adalmost tripling from last year. 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