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ElectroniCast Consultants Announces the Release of a New 10-year Market Forecast of the Global Use of Light Emitting Diode Linear Tube Lamps - According to ElectroniCast, worldwide use of LED-based linear tube lamps is forecast for explosive growth, driven by the eventual desire to replace fluorescent tube lights - ElectroniCastconsultants.com
ElectroniCast Consultants Announces the Release of a New 10-year Market Forecast of the Global Use of Light Emitting Diode Linear Tube Lamps

 

PRZOOM - /newswire/ - Upper Lake, CA, United States, 2012/01/25 - According to ElectroniCast, worldwide use of LED-based linear tube lamps is forecast for explosive growth, driven by the eventual desire to replace fluorescent tube lights - ElectroniCastconsultants.com.

   
 
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ElectroniCast Consultants, a leading market research consultancy, today announced the release of a new 10-year market forecast of the global use of light emitting diode (LED) linear tube lamps, which are used in new construction as a replacement for fluorescent linear lamps (tubes). One major problem with fluorescent tubes is mercury is used, which is extremely toxic if the lamp breaks, especially harmful to the brains of both fetuses and children.

Diameter classification, Length and Technology The ElectroniCast report provides an independent examination and analysis of the changing market dynamics for two major types of LED-based linear tube lamps, segmented by length (less than 4 feet and 4 feet or longer), each of diameter classification (“T” standard) and by technology:

• DIP LED-based linear tube lamps
o T5, T8, T12 and T10/Other

• SMD LED-based linear tube lamps
o T5, T8, T12 and T10/Other

According to ElectroniCast Consultants (electronicast.com) , the worldwide use of LED linear tube lamps is forecast increase at a dramatic average annual growth rate of 75 percent (2011-2016), before speeding-up the pace from 2016-2021. The use of SSL (solid-state lighting) LED linear tube lamps in the Government controlled general lighting (interior and exterior) lighting applications is currently the market leader; however, the commercial/ industrial lighting category is forecast for even faster growth and will eventually take the leadership role. All of the selected end-user groups (applications) are forecast for very strong growth rates (2011-2021).

Consumption Forecast: $2.88 Billion in 2021 According to ElectroniCast Consultants, the global consumption of LED linear tube lamps, which are used in new construction, retrofitting and replacement applications for fluorescent linear tube lamps, reached 8.3 million in 2011, up from $4.8 million in 2010. In the year 2016, the worldwide consumption value is forecast to reach $136.5 million. In the year 2021, the worldwide consumption value is forecast to reach $2.88 billion. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

 
 
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ElectroniCast Consultants Announces the Release of a New 10-year Market Forecast of the Global Use of Light Emitting Diode Linear Tube Lamps

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Contact: Theresa Hosking - ElectroniCastConsultants.com 
707-275-9397 thosking[.]electronicastconsultants.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ElectroniCast Consultants securities in any jurisdiction including any other companies listed or named in this release.

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