LED lighting market is projected to grow over 45% per year by 2020. The market was estimated at $13 billion in 2014 and is likely to cross over $63 billion by 2020. Next generation lighting attains a complete substitute of luminous filament bulbs with LED lighting that lasts longer and is more efficient. These lightings also have low cost of operation significantly. Philips is the market leader for LED lights and it mainly focuses on higher margin activities. General competitive stress has severely impacted the overall industry; as a result the price declining is majorly because of economic scale. Samsung, Philips and OSRAm have been exploring GaN on silicon technology, Although, Epistar is working on 200mm technology. New market players are benefited by entry points provided by continuous market shifts. They also build considerable opportunities for industry participants to achieve rapid augmentation in market share. Market is anticipated to experience shifts in market share as retailers move up the value chain to provide returns on investments. Vendors seek control in their margins as there they are offering more pieces of LED light in the market. Based on product performance, Vendors compete with other providers of LED lighting. This is mainly measured by reliability, efficacy, augmented lumen output and light quality. Price of product associated with acceptable level of quality is the major competitive issue in the LED lighting market. LED vendors seek to present LED lighting products that holds superior product quality and that attains lower cost of ownership. In commercial situations, LED lights decreases the labor costs of replacing bulbs. Furthermore, Firms dealing with LED bulbs are implementing new semiconductor technology which will positively impact the overall market. Communities and buildings lead the way of producing more cost efficient systems; this is expected to grow the LED lighting market significantly. In some cases, the utility plants are providing financing and funding to the other firms so that most of the lighting consumers shift to LED lighting. Also, these lamps lower the total cost of lighting which attracts both vendors and consumers. They present up to 50,000 hours of lighting with fraction of energy used of conventional incandescent bulbs. Smaller size, improved durability, lower heat output, environment friendliness and digital controllability are the few benefits offered by LED lighting products. Market Leaders – Cree – Epistar – Everlight Electronics – GE Lighting Solutions – GYLED – Lighting Science Group – Lite-On Technology / Ledtek – Mitsubishi / Verbatim – Osram / Sylvania – Philips – Samsung – Solid State Lighting Systems – Toshiba Market Participants – Acuity Brands Lighting – Adata – Advanced Lighting Technologies – Advantech Lighting Solutions / – Aixtron – Albemarle – Association – ATG Electronics – AU Optronics / Lextar Electronics – AU Optronics / Lextar Electronics – Avances Lumínicos Plus S.A. de – Black Dog LED – Bridgelux – C.V – CE Lighting – Cree – Crep Optoelectronics – CV High Power LED Streetlights in – Daystar – Delta Group – DMX Tecnologias SA DE – Drivers With A New Case & – Echelon – Emcore – ENDO – Epistar – Everlight – GE Lighting Solutions – General Electric Lighting – General Hydroponics – Genesis Photonics (GPI) – GYLED – Harvatek – Hihong introduces 40w LED – Hon Hai – Hong Sheng – IEE – Intematix – Iwasaki Electric – iWatt – Jingge LED – Kingbright – Kingsun – Koizumi – Larson – Latin America – LED Microsensor NT – Lighting Science Group – Lightkiwi, LLC. – Lightwave – Lite-On Group / Leotek – Litecontrol – Lowcled – Mitsubishi / Verbatim – NaturaLED – Newport Corporation / ILX – Nichia – Nihon Advanced Agri Corporation – Ohyama / Ohyama Lights – Optional 0-10v Dimming – Optoelectronic Co., Ltd – Osram – Ozu Corporation – Panasonic – Phihong – Philips Lumileds – Plessey Semiconductors – Pluz S.A. de C.V. / NuVue – Prolighting TCP – QD Vision – Rambridge – Ringdale ActiveLED® – Samsung – Sengled – Sharp – Shenzen Hoyol – Shenzhen Hongsheng – Shenzhen LEDTEK Optoelectronics – Shenzhen Wisdom – Siemens – SolarMax – Solid State Lighting Systems – Sony – Soraa – Sunleaves Garden Products – Sunlight Supply – SunSun Lighting – Taiwan Floriculture Exports – Tatung – TCP – Technology Co., Ltd. – Thorlabs – TOA Lighting – Toshiba LED Lighting – Toyoda Gosei – USALight – Zumtobel – Zytechstry Insights The global LED lighting market size was estimated at USD 29.65 billion in 2016. Increasing demand for power-efficient illuminating systems across residential, commercial, and industrial sectors, rising concern over reduction of non-renewable sources of power, and decreasing price of LED lights are likely to aid in the growth of the industry over the coming years. Light emitting diodes are highly efficient, reliable, and yield longer life span, which is anticipated to boost its demand in various applications, including indoor and outdoor solutions. These lights are cost effective as compared to incandescent lights, delivering around 50,000 hours of illumination with a small amount of energy consumed.