The led light-emitting diode market - France

The global LED market, which comprises different segments ranging from chip manufacturing to complete lighting solutions, has seen strong momentum and innovation, contributing to its wide application in various industries such as automotive, healthcare, consumer electronics, and more. from 2020 onwards, the market is expected to continue its growth trajectory at a compound annual growth rate of 14.4%, potentially reaching $109 billion by 2025. This expansion is partly due to strict regulations favoring energy-efficient LEDs over traditional incandescent and halogen bulbs, as seen in Europe where these bulbs have been phased out. The French domestic market, in particular, has seen significant growth, with double-digit increases in LED sales volumes.

While France has a trade deficit in LEDs, with imports exceeding exports, the country's demand is being driven by sectors such as residential and public lighting, as well as by the rise of connected objects. Major global players in the market include Cree, Signify (formerly Philips) and emerging French startups such as Aledia and Lucibel, which are innovating with 3D LED technology and applications beyond lighting. Despite a declining workforce in the French manufacturing industry, the LED market remains a promising sector due to its evolving technology and growing cost competitiveness

Expansion of the LED market in France

While the global market is witnessing the growing popularity of LED (light-emitting diode) technology, France is also experiencing significant growth in its domestic LED market. With a diverse range of segments from residential lighting to automotive applications, and the search for energy-efficient solutions, this market is at the crossroads of economic development and environmental considerations. The French LED market has seen impressive double-digit growth, with an estimated value of around one billion euros. The explosion in demand can be attributed to a number of factors, including the strict regulatory framework that encourages environmentally-friendly products. This framework, which has led to the phasing out of incandescent bulbs and the reduction in the use of halogen bulbs, has made LED lighting an accessible and, often, the only choice for consumers on the market.

In terms of volume, sales of LED lamps are showing a strong upward trend, with figures rising from 85-90 million units to 125-130 million units, a staggering growth of around 46%. This development goes hand in hand with the low-energy regulations and high-efficiency solutions for which LEDs are renowned. The lighting sector is one of the most important spheres influencing demand for LEDs. This sector encompasses different types of user, such as residential, public and commercial lighting, as well as industrial applications. For example, public lighting, a segment estimated at around 9.5 million light points, represents a substantial potential market for LED technology, given the size of the old stock to be replaced.

Thanks to their cost savings and energy efficiency, LEDs are an attractive investment for local authorities. The gradual adoption of LED street lighting is in line with the national objective of reducing public energy consumption, which currently accounts for up to 41% of municipal electricity expenditure.

Similarly, the domestic lighting sector is fertile ground for LED expansion, given that lighting represents a significant electricity expense for households. Another factor driving the expansion of the French LED market is the emergence of connected objects and smart home appliances. LEDs, by their very nature as electronic components, are intrinsically part of the booming field of connected objects.

With the market for connected objects exceeding one billion euros, of which smart home appliances are a substantial component, the LED industry has everything to gain from this accelerating demand.

Despite the presence of international giants dominating global LED production, several French start-ups are making headway, contributing to diversification and innovation within the domestic market. These ambitious companies are exploring new applications for LED technology beyond basic lighting

Global LED lighting titans

The LED market is characterized by a constellation of giants and dynamic players who exert considerable influence on the industry.

• Cree is a success story in the LED sector. With a long tradition of innovation, Cree has firmly established itself on the global market, known for its solid research and development initiatives aimed at pushing back the boundaries of LED technology.
• Signify, formerly known as Philips Lighting, is another key player worthy of our attention. A venerable name in the world of lighting, Signify has fully embraced the LED era, making it the core of its business. The company boasts an extensive portfolio encompassing a variety of LED lighting solutions - a fact underscored by the sales volume it generates with LED products alone.
• Osram Osram, with its German heritage of engineering excellence, continues to be a beacon in the world of lighting. It remains a central force in the LED market, although recent headlines about the AMS acquisition effort signal possible changes on the horizon. In any case, Osram's commitment to high-quality LED manufacturing keeps it at the forefront of the industry.

East Asia's technological vanguards:

• Nichia and Seoul Semiconductor are technological vanguards. These companies, based in regions renowned for their technological prowess, have leveraged their local expertise and global vision to capture major shares of the LED market. Their relentless pursuit of innovation and efficiency defines their market stature and drives the industry forward.

French innovators :

• Aledia and Lucibel While France doesn't carry the same weight in LED chip production as some of its international counterparts, it is home to innovative companies that are carving out a niche for themselves with pioneering applications of LED technology.
• Aledia, the French start-up based in Grenoble, is forging ahead with its advanced 3D LED technology, which promises to revolutionize displays thanks to superior energy efficiency and luminance. The ambition and innovative spirit embodied by Aledia is evident in the significant investments made to bring its revolutionary technology to mass production.
• Lucibel goes beyond conventional applications by exploring the potential of LEDs for well-being and communication. With its distinct product lines, such as Cronos for imitating natural sunlight, LiFi for secure Internet access and VLC for indoor geoolocation, Lucibel demonstrates an inventive reimagining of how LEDs can be used to improve our lives.

Informations

• Nombre de pages : 30 pages
• Format : Version digitale et PDF
• Dernière mise à jour : 08/11/2020

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