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Summary of our market study
The French LED market is estimated at around one billion euros.
The global LED (light-emitting diode) market, which comprises different segments ranging from chip manufacturing to complete lighting solutions, is experiencing strong dynamism and numerous innovations
The global market is growing at an annual rate of over 14%, and is estimated to beworth $109billion.
This expansion is partly due to strict regulations favoring energy-efficient LEDs over incandescent and halogen bulbs. In Europe, these bulbs are gradually being phased out.
The French domestic market is enjoying annual volume growth of over 10%. Sales of LED lamps have risen from 85-90 million units to 125-130 million units, representing growth of around 46%
Public lighting, estimated at around 9.5 million points of illumination, represents a major potential market, given the size of the old stock to be replaced. Public energy consumption accounts for around 40% of municipal electricity expenditure.
Another factor driving the expansion of the French LED market is the emergence of connected objects and smart home appliances. the market for connected objects, which includes smart home appliances, exceeds one billion euros.
Major global players in the market include Cree, Signify (formerly Philips) and French startups such as Aledia and Lucibel, who are innovating with 3D LED technology and applications beyond lighting.
Global giants in LED lighting
- Cree is a success story in the LED sector.
- Signify, formerly known as Philips Lighting, is another key player.
- Osram, with its German heritage of engineering excellence, continues to be a beacon in the world of lighting.
East Asia's technological avant-garde:
- Nichia and Seoul Semiconductor are technological vanguards.
French innovators:
- Aledia and Lucibel France doesn't carry the same weight in LED chip production as some of its international counterparts, but it is home to some innovative companies.
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Summary and extracts
1 Market overview
1.1 Presentation and scope of study
The light-emitting diode (LED or LED by anglicism) is a electronic component generating light when an electric current passes through it.
The LED market is composed of several segments, including, in the order of the processing chain This includes the manufacture of the chip, the assembly of the LED module (also called LED package), the LED bulb and finally the LED lamp (the complete luminaire). [ Bpi France ]
The LED market is experiencing a very strong dynamism for several years, with a multiplication of innovations and new solutions. Thus, the field of application of LED technology now covers a very wide latitude, from lighting for private individuals to the automotive industry, including health, medicine, connected objects, televisions, smartphones..
This broadening of the scope of possibilities for LED technology places this market at the heart of many economic and future challenges, intensifying competition between the world's electronics giants and innovative new entrants positioned in niche market sub-segments.
1.2 The global market: a growing market
In ****, the global LED market was estimated at $**.** billion. Forecast data indicates that the market is expected to grow at a CAGR of **.*% over the period ****-****, reaching a market of nearly $*** billion in ****. [***]
The data below includes both LEDs as a simple electronic component but also all their derivatives and ...
1.3 The domestic market is experiencing double-digit growth
In ****, the French lighting market was estimated at *.* billion euros. Considering that the market shares previously given at the global level also apply to France, it can be estimated that the French LED market (***) is worth approximately * billion euros.
In terms of volume, in ****, the number of LED lamps sold in ...
2 Demand Analysis
2.1 Lighting in France
The primary interest of a LED is its creation of light, and as such, one of the main sectors determining demand is that of lighting. Lighting in France covers many segments and types of users: from residential to public lighting, including industry, commerce and offices.
Worldwide, total electricity consumption for street ...
2.2 The development of connected objects drives the demand for LEDs
LEDs, as an electronic component, are a central part of connected objects, and the worldwide demand for LEDs is therefore taking full advantage of the boom in these objects. Unlike other types of lamps, LEDs are electronic components and as such can be integrated into circuits and thus into many connected ...
3 Market structure
3.1 Structure of the electronic component manufacturing activity in France
The manufacture of light-emitting diodes falls within Class **.**Z of the current NAF classification entitled "Manufacture of electronic components". This category includes several activities, including the manufacture of LEDs, but also the manufacture of electronic resistors, printed circuits, transformers, etc. [***]
The scope associated with the data provided below is therefore broader ...
3.2 The world's LED manufacturing giants
While there are a few French players specialising in the manufacture of LEDs and derivative solutions, LED production remains concentrated in the hands of a few global giants. Indeed, the very heavy investments in R
Among the global giants in the sector are Nichia, Osram (***) and Seoul Semiconductor.
Source: ****
Signify, world ...
3.3 French LED start-ups
Although France is still weak in the production of LEDs, the country has an increasing number of companies and start-ups specialising in their use.
Aledia
The Grenoble-based start-up Aledia, founded in ****, has developed a *D LED solution based on more than *** patents that could revolutionize the display. This technology offers both ...
4 Analysis of the offer
4.1 A complex and innovative technological product
An LED (***). [***]
Classification of LEDs
LEDs can be classified according to different criteria:
Their colour: LEDs can be white or coloured Their power: LEDs can be said to be low power (***). High-power LEDs provide more light, with a ratio of up to *** lumens per Watt of power.
Composition of LEDs
Semiconductor ...
4.2 The price competitiveness of LEDs is constantly improving
Price is a key element in understanding the LED market: indeed, the growth of this market is largely conditioned by the evolution of the price competitiveness of LEDs compared to other types of lighting.
The data provided by INSEE for category **.** (***), entitled "Electronic components", are considered below. This category includes LEDs ...
4.3 Spin-off technologies
OLED
The acronym OLED stands for organic LED. This technology is used extensively in televisions because it has many advantages: the screens are brighter and more contrasting, and the TV consumes less energy than an LCD TV.
In addition, these components offer increased flexibility, allowing the development of new designs: for ...
5 Regulation
LED market favoured by strict regulations in the lighting market
Since the beginning of the ****s, several successive directives have excluded different bulb models from the European markets, particularly the French market. In ****, incandescent light bulbs will first be withdrawn from the markets. [***]
Similarly, halogen bulbs were withdrawn from the market as of * January **** er september ****. This decision is mainly based ...
5.2 Technical criteria and labelling
In France, LED bulbs and lights must comply with the NF EN *****/A* of **** standards which define the technical criteria that LED luminaires must meet. The standard NF de ****: EN *****, defines the requirements of sécurité́ for LED luminaires. The operating voltage of a LED lamp must not exceed **V alternating ...
6 Positioning of the players
6.1 Segmentation
- Cree
- Signify
- Lucibel
- Clareo Lighting
- ELC Electric Lighting Concept
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The LED light-emitting diode market | France
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