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LED Module Market: Everyone Wants a Piece of Cake
December 14, 2015 | Yole DéveloppementEstimated reading time: 3 minutes
OUTLINES:
- Choice of the right LED lighting module technology/type depends on requirements at application level!
- Yole's team highlights the emergence of flexible LED strips.
- LED modules are a key enabling technology for the LED lighting industry.
“The choice of the right LED lighting module technology depends on the application and its requirements,” announces Yole Développement (Yole). Indeed LED lighting module becomes a key step in the development of lighting solutions. According to Yole’s latest technology & market analysis, LED Lighting Module Technology, Industry & Market trends (2015 edition), the value is today mainly located at the module level.
Yole’s analysts estimate that the open LED lighting module market including flexible LED strips will nearly reach US$3 billion in 2015 and will grow to more than US$10 billion by 2020. Yole’s market metrics take into account mid- and high-power modules, COB and flexible strips sold on the open market.
The “More than Moore” market research and strategy consulting company, Yole proposes today a comprehensive survey dedicated to the LED module technologies, markets, applications and associated limits. It also details the main functions and integration into lighting systems.
This new Yole’s report describes each LED module type. Additionally, it provides insights into the positioning of each module type. Yole’s analysts describe the LED lighting module industry structure, the evolution of the supply chain and future market and technical trends. This analysis has been performed in collaboration with PISEO, an independent lighting innovation platform. PISEO proposes high added-value services to the lighting industry, such as consulting, testing lab, and training.
“Many LED lighting modules are currently available, including mid-power and high-power modules”, explains Joel Thomé, PISEO’s General Manager. And he adds: “Mid-power LED modules offer low power consumption, high flux in association to large led count and lighting surfaces whereas high-power LED modules deliver more flux and in smaller LES. COB LED modules provide a compromise between size of light, LES, flux power and power consumption.”
However they need additional components to give the light effect desired, such as clamp holders and optics. The choice of the LED module technology will depend on an application’s system requirements with regards to power consumption, LES and light flux.
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