The Future of Lighting - Will LED Turn Off the Lightbulb?

LOCATION: Online, with Complimentary Registration   

SPEAKER: Frost & Sullivan Director of Consulting, Energy & Environment, Gaia Nocchi

LONDON, June 17, 2015 /PRNewswire/ -- By the end of 2014, LED lighting passed the 30 percent penetration of the global lighting market. It was the second consecutive boom year, confirming the breakthrough in the key regions of Europe, North America, and China. Driven by enhanced controllability and energy efficiency, the revolution will continue and momentum will build throughout 2015. This transformational change brings massive opportunities across value chains, but also presents huge strategic challenges to incumbent participants in terms of pace of technology change and business model.

"LED has the potential to replace all existing lighting technologies, as it only offers additional benefits and has no drawbacks. LED will substitute incandescent, CFL, halogen, fluorescent and HID as soon as the price level becomes acceptable to the customer," confirms Frost & Sullivan Director of Consulting Gaia Nocchi.

LED is a digital light and offers new controllability and customisation opportunities. The key success factors are applications such as city/street lighting and retail.

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Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

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