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LED's will be disruptive to the Lighting Industry.
January 22, 2009
Lighting -- Eye Popping Future | www.forbes.com
LED technology will create the same disruptive revolution in the Lighting Industry as Digital Imaging did in the Chemical Imaging Industry . 1. LED technology will enable new possibilities for Lighting design in existing applications and open up new applications where the sky will be the limit. 2. It will fundamentally change todays Lighting Industry which consists of a few global lamp manufacturers and thousands of local and regional fixture manufacturers . 3. The market will change from a lampreplacement business into a system replacement business , resulting in a declining ( conventional) lamp business and a booming LED- module and systems business. Totally new players will enter the business ,challenging the existing players of which a few have positioned themselves well to emerge as successful future players .
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