
AMA
Research have published a new report "Lighting Market - UK
2010-2014”. The report is comprehensive, informed and up-to-date
and represents an invaluable aid to sales and marketing
professionals involved in the industry. Available to purchase for
£625 from www.amaresearch.co.uk, this report analyses the UK
market for lamps, luminaires and lighting controls and is based on
a combination of primary and secondary research.
In
2009, the lighting market was estimated to be worth just over £1.4
billion at manufacturers selling prices (MSP). The market is a
mature market and largely reliant on replacement purchases,
usually resulting in moderate growth or decline in line with the
economy. However, the recession saw the market decline 10% in 2009
and it is forecast to fall a further 4% in 2010. In the short
term, the lighting market is expected to continue to struggle with
restrictions on mortgages and low consumer confidence. In the long
term, trading conditions remain positive for the lighting market,
with higher volumes of housing required and increasingly
sophisticated, task orientated lighting being used across all
markets.
The
non domestic sector dominates the market by value. The market mix
has remained relatively stable in recent years, although there has
been a shift away from the domestic market as prices in the
domestic sector are more sensitive to competition.
In
2009, the lighting market was dominated by sales of luminaires,
which accounted for 67% of the market, with lamps accounting for a
further 26% and lighting controls the remaining 7%, although in
the long term it is expected that lighting controls will gain
share.
LED
lighting is a growing sector, representing a threat to more
traditional products. Product development in the LED market will
continue to offer this sector greater differentiation and result
in increasing share in the medium to longer term.
Energy efficiency continues to grow in importance, driven by
legislative changes and increasing fuel bills. The government
remains committed to promoting the use of energy efficient
products, promoting use within public sector projects and through
the introduction of energy conservation and monitoring
legislation.
Prices within the market continue to fall, particularly within the
domestic lamps market. However, this decline has slowed as imports
stabilise and as tightening margins on CFLs, which have seen huge
price drops in recent years in an effort to boost their
popularity, restrict further significant decline.
The
supply of lamps remains concentrated, with four main suppliers:
Philips, Osram, GE and Havells Sylvania. The luminaires market is
more fragmented with a number of small, specialist producers. Some
key suppliers within this market include Zumtobel, FW Thorpe, JCC
Lighting and Whitecroft Lighting. Key suppliers of controls
include Hager, Eaton and ABB.