26.03.2015 Views

of Photonics Technologies: the European Perspective The Leverage Effect

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>The</strong> <strong>Leverage</strong> <strong>Effect</strong> <strong>of</strong> <strong>Photonics</strong> <strong>Technologies</strong>: <strong>the</strong> <strong>European</strong> <strong>Perspective</strong><br />

Advanced Lighting: a SWOT analysis for Europe<br />

Strengths<br />

● Several multinationals major players<br />

at <strong>the</strong> global market<br />

● EU strong in R&D and in social<br />

sciences related to advanced lighting<br />

● Strong presence <strong>of</strong> SMEs<br />

● Strong position in OLED research,<br />

related to displays, also relevant for<br />

lighting<br />

Opportunities<br />

● Political pressure on and large potential<br />

for reduction <strong>of</strong> energy consumption,<br />

also having economic benefits.<br />

● SSL is connected to a trend within<br />

society for higher quality<br />

● <strong>The</strong> phase out <strong>of</strong> inefficient incandescent<br />

lamps and new (green)<br />

legislation<br />

Weaknesses<br />

● Production volume <strong>of</strong> LED chips is<br />

small in Europe.<br />

● Fragmented/uncoordinated<br />

approach to research and markets<br />

compared to Asia, USA.<br />

● Lack <strong>of</strong> large demonstration<br />

projects in Europe<br />

Threats<br />

● <strong>European</strong> market will be taken over<br />

by foreign manufacturers & service<br />

providers, with low quality products<br />

● Conservatism in <strong>the</strong> application<br />

markets.<br />

● External companies will benefit from<br />

R&D done in Europe; migration <strong>of</strong><br />

that R&D outside Europe<br />

● Strong EU research position in this<br />

chain is <strong>of</strong> limited benefit, as main<br />

issue is up scaling <strong>of</strong> production<br />

3.5.5 Impacts<br />

<strong>The</strong> economic impact <strong>of</strong> advanced lighting is mainly based on <strong>the</strong> long<br />

term reduction <strong>of</strong> energy consumption. However, <strong>the</strong> new functionalities<br />

will have economic effects. <strong>The</strong> following conclusions can be drawn:<br />

■ Economic growth in <strong>the</strong> production <strong>of</strong> systems is strong<br />

<strong>The</strong> production <strong>of</strong> advanced lighting systems is relatively low today,<br />

but is expected to grow exponentially worldwide. <strong>The</strong> question is<br />

if <strong>European</strong> companies can keep <strong>the</strong>ir strong position. <strong>The</strong> strong<br />

presence <strong>of</strong> SMEs in this field indicates that also smaller companies<br />

will benefit from this development. <strong>The</strong> advanced lighting systems<br />

have a strong substitution effect, but early replacement due to energy<br />

consumption benefits will lead to additional growth.<br />

77 / 190

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!