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