Solid State Lighting Global Market Report 2024

Global Solid State Lighting Market Report 2024

Solid State Lighting Global Market Report 2024 – By Type (Light Emitting Diode (LED), Organic Light Emitting Diode (OLED), Polymer Light Emitting Diode (PLED)), By Installation Type (New Installation, Retrofit), By Applications( Indoor Lighting, Outdoor Lighting, Specialty Lighting), By Industry Vertical (Residential, Industrial And Commercial, Medical, Transportation, Other Industry Vertical) – Market Size, Trends, And Global Forecast 2024-2033

Name: Solid State Lighting Global Market Report 2024
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Solid State Lighting Global Market Report 2024

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Solid State Lighting Market Definition

Solid-state lighting (SSL) is a type of lighting technology that uses solid-state semiconductor devices to generate light. Solid-state lighting has reshaped the lighting business by providing energy-efficient, long-lasting, and adaptable lighting solutions for a variety of applications. This technology uses less energy, which reduces energy expenditures and has a lower environmental effect.

The main types of solid-state lighting are light-emitting diodes (LED), organic light-emitting diodes (OLED), and polymer light-emitting diodes (PLED). A light-emitting diode (LED) is a form of lighting technology that produces light using semiconductors and are energy-efficient and long-lasting, making them ideal for a wide range of applications, including home and industrial lighting. The installation types include new installation and retrofit for indoor lighting, outdoor lighting, specialty lighting applications by industry verticals such as residential, industrial, and commercial, medical, transportation, and others.

Solid State Lighting Market Segmentation

The solid state lighting market covered in this report is segmented –

1) By Type: Light Emitting Diode (LED), Organic Light Emitting Diode (OLED), Polymer Light Emitting Diode (PLED)

2) By Installation Type: New Installation, Retrofit

3) By Applications: Indoor Lighting, Outdoor Lighting, Specialty Lighting

4) By Industry Vertical: Residential, Industrial And Commercial, Medical, Transportation, Other Industry Vertical

Global Solid State Lighting Market Size 2023 to 2028: Graph

Solid State Lighting Market Size 2024 And Growth Rate

The solid state lighting market size has grown rapidly in recent years. It will grow from $40.54 billion in 2023 to $44.97 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increased use of solid-state lighting, growth in industrialization, a surge in disposable income, and increased governmental initiatives.

Solid State Lighting Market Growth Forecast

The solid state lighting market size is expected to see rapid growth in the next few years. It will grow to $68.57 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to increasing demand for energy-efficient lighting, increasing demand for energy-saving lighting solutions, increasing demand for environmentally friendly lighting solutions, and rising government-supported industry consortiums. Major trends in the forecast period include technological advancements, a focus on human-centric lighting, the adoption of mini-LED and micro-LED, horticultural lighting, and silicon-based LED technology.

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Solid State Lighting Market Driver: Rising Demand For Energy-Efficient Lighting Fuels The Solid-State Lighting Market Growth

The increasing demand for energy-efficient lighting is expected to propel the growth of the solid-state lighting market going forward. Energy-efficient lighting refers to lighting systems that consume less energy to provide the same amount of illumination as traditional lighting solutions. Energy-efficient lighting reduces greenhouse gas emissions and helps mitigate climate change by lowering electricity consumption. LED technology, a crucial component of solid-state lighting, provides higher energy efficiency when compared to traditional lighting sources, prompting both residential and commercial customers to use solid-state lighting solutions to satisfy regulatory criteria and minimize energy usage. For instance, in September 2022, according to the International Energy Agency, a France-based intergovernmental organization, globally, residential LED sales have increased substantially in recent years, reaching about 50% in 2022 and targeting 100% of LED lighting sales by 2025. Moreover, new LEDs are expected to increase their efficacy by approximately 30% by 2030, aligning with the Net Zero scenario. Therefore, the increasing demand for energy-efficient lighting is driving the growth of the solid-state lighting market.

Global Solid State Lighting Market Major Players

Major companies operating in the solid state lighting market report are Samsung Electronics Co. Ltd ; General Electric Company; Panasonic Holdings Corporation; Mitsubishi Electric Pvt. Ltd.; Toshiba Corporation; Everlight Electronics Co. Ltd.; Koninklijke Philips N.V.; Signify Holding B.V.; Energy Focus Inc.; OSRAM GmbH; Hubbell Incorporated; Acuity Brands Inc; Stanley Electric Co.; Zumtobel Group; Seoul Semiconductor Co. Ltd.; Cree LED; Lumileds Holding B.V.; Cooper Lighting LLC; Bridgelux Inc.; TCP Lighting; Sanken Electric Co. Ltd.; Intematix Corporation; Seoul Viosys Co. Ltd.; Phoenix Products LLC; Nichia Corporation

Global Solid State Lighting Market Trend: Advancements In Chip-Scale LEDs Transform Solid-State Lighting Landscape

Major companies operating in the solid-state lighting market are focused on innovations in materials, designs, and manufacturing processes, resulting in more efficient LED technologies such as chip-scale LEDs to provide a better lighting environment and expand their market reach and potential sales opportunities. A chip-scale LED is a type of white LED package that realizes a horizontal light distribution designed to solve the issue of coarse-emitting surfaces and insufficient illumination patterns found in standard LED lighting fixtures. For instance, in January 2024, Nichia Corporation, a Japan-based company specializing in manufacturing and distributing light-emitting diodes, launched NFSWL11A-D6. This creative product helps to make lighting fixtures thinner and lighter, which saves resources on lighting fixture design and building materials. Furthermore, the solid horizontal light produces a soft, low-glare light that envelops the entire surroundings, opening up new design possibilities for lighting fixtures and adding value to solid-state lighting by conserving resources and enhancing building safety.

Solid State Lighting Market Merger And Acquisition: Skyview Capital's Acquisition Of Digital Lumens Bolsters Solid-State Lighting Expansion

In October 2021, Skyview Capital, a US-based private investment firm, acquired Digital Lumens Inc. from Osram Licht AG for an undisclosed amount. The acquisition will enable the company to enhance its offerings, expand its customer base, and capitalize on the growing demand for the IoT and connected lighting markets. Digital Lumens Inc. is a US-based company specializing in intelligent LED lighting systems.

Regional Insights For The Global Solid State Lighting Market

Asia-Pacific was the largest region in the solid state lighting market in 2023. The regions covered in solid-state lighting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the solid-state lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solid-state lighting market consists of revenues earned by entities by providing services such as installation, maintenance, and optimization of lighting solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The solid-state lighting market also includes sales of products such as chips, drivers, optical components, and printed circuit boards (PCBs). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The solid state lighting market research report is one of a series of new reports from The Business Research Company that provides solid state lighting market statistics, including solid state lighting industry global market size, regional shares, competitors with a solid state lighting market share, detailed solid state lighting market segments, market trends and opportunities, and any further data you may need to thrive in the solid state lighting industry. This solid state lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Solid State Lighting Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$44.97 billion
Revenue Forecast In 2033	$68.57 billion
Growth Rate	CAGR of 11.1%, from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Light Emitting Diode (LED), Organic Light Emitting Diode (OLED), Polymer Light Emitting Diode (PLED) 2) By Installation Type: New Installation, Retrofit 3) By Applications: Indoor Lighting, Outdoor Lighting, Specialty Lighting 4) By Industry Vertical: Residential, Industrial And Commercial, Medical, Transportation, Other Industry Vertical
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Samsung Electronics Co. Ltd ; General Electric Company; Panasonic Holdings Corporation; Mitsubishi Electric Pvt. Ltd.; Toshiba Corporation; Everlight Electronics Co. Ltd.; Koninklijke Philips N.V.; Signify Holding B.V.; Energy Focus Inc.; OSRAM GmbH; Hubbell Incorporated; Acuity Brands Inc; Stanley Electric Co.; Zumtobel Group; Seoul Semiconductor Co. Ltd.; Cree LED; Lumileds Holding B.V.; Cooper Lighting LLC; Bridgelux Inc.; TCP Lighting; Sanken Electric Co. Ltd.; Intematix Corporation; Seoul Viosys Co. Ltd.; Phoenix Products LLC; Nichia Corporation
Customization Scope	Request for Sample
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1. Executive Summary

2. Solid State Lighting Market Characteristics

3. Solid State Lighting Market Trends And Strategies

4. Solid State Lighting Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Solid State Lighting Market Size and Growth

5.1. Global Solid State Lighting Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Solid State Lighting Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Solid State Lighting Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Solid State Lighting Market Segmentation

6.1. Global Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Light Emitting Diode (LED)

Organic Light Emitting Diode (OLED)

Polymer Light Emitting Diode (PLED)

6.2. Global Solid State Lighting Market, Segmentation By Installation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

New Installation

Retrofit

6.3. Global Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Indoor Lighting

Outdoor Lighting

Specialty Lighting

6.4. Global Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Industrial And Commercial

Medical

Transportation

Other Industry Verticals

7. Solid State Lighting Market Regional And Country Analysis

7.1. Global Solid State Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Solid State Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Solid State Lighting Market

8.1. Asia-Pacific Solid State Lighting Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Solid State Lighting Market

9.1. China Solid State Lighting Market Overview

9.2. China Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Solid State Lighting Market

10.1. India Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Solid State Lighting Market

11.1. Japan Solid State Lighting Market Overview

11.2. Japan Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Solid State Lighting Market

12.1. Australia Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Solid State Lighting Market

13.1. Indonesia Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Solid State Lighting Market

14.1. South Korea Solid State Lighting Market Overview

14.2. South Korea Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Solid State Lighting Market

15.1. Western Europe Solid State Lighting Market Overview

15.2. Western Europe Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Solid State Lighting Market

16.1. UK Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Solid State Lighting Market

17.1. Germany Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Solid State Lighting Market

18.1. France Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Solid State Lighting Market

19.1. Italy Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Solid State Lighting Market

20.1. Spain Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Solid State Lighting Market

21.1. Eastern Europe Solid State Lighting Market Overview

21.2. Eastern Europe Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Solid State Lighting Market

22.1. Russia Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Solid State Lighting Market

23.1. North America Solid State Lighting Market Overview

23.2. North America Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Solid State Lighting Market

24.1. USA Solid State Lighting Market Overview

24.2. USA Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Solid State Lighting Market

25.1. Canada Solid State Lighting Market Overview

25.2. Canada Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Solid State Lighting Market

26.1. South America Solid State Lighting Market Overview

26.2. South America Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Solid State Lighting Market

27.1. Brazil Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Solid State Lighting Market

28.1. Middle East Solid State Lighting Market Overview

28.2. Middle East Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Solid State Lighting Market

29.1. Africa Solid State Lighting Market Overview

29.2. Africa Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Solid State Lighting Market Competitive Landscape And Company Profiles

30.1. Solid State Lighting Market Competitive Landscape

30.2. Solid State Lighting Market Company Profiles

30.2.1. Samsung Electronics Co. Ltd

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. General Electric Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Panasonic Holdings Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Mitsubishi Electric Pvt. Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Toshiba Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Solid State Lighting Market Other Major And Innovative Companies

31.1. Everlight Electronics Co. Ltd.

31.2. Koninklijke Philips N.V.

31.3. Signify Holding B.V.

31.4. Energy Focus Inc.

31.5. OSRAM GmbH

31.6. Hubbell Incorporated

31.7. Acuity Brands Inc

31.8. Stanley Electric Co.

31.9. Zumtobel Group

31.10. Seoul Semiconductor Co. Ltd.

31.11. Cree LED

31.12. Lumileds Holding B.V.

31.13. Cooper Lighting LLC

31.14. Bridgelux Inc.

31.15. TCP Lighting

32. Global Solid State Lighting Market Competitive Benchmarking

33. Global Solid State Lighting Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Solid State Lighting Market

35. Solid State Lighting Market Future Outlook and Potential Analysis

35.1 Solid State Lighting Market In 2028 - Countries Offering Most New Opportunities

35.2 Solid State Lighting Market In 2028 - Segments Offering Most New Opportunities

35.3 Solid State Lighting Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Solid State Lighting Market, Segmentation By Installation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Solid State Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Solid State Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Samsung Electronics Co. Ltd Financial Performance

Table 76: General Electric Company Financial Performance

Table 77: Panasonic Holdings Corporation Financial Performance

Table 78: Mitsubishi Electric Pvt. Ltd. Financial Performance

Table 79: Toshiba Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Solid State Lighting Market, Segmentation By Installation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Solid State Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Solid State Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Solid State Lighting Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Solid State Lighting Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Solid State Lighting Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Samsung Electronics Co. Ltd Financial Performance

Figure 76: General Electric Company Financial Performance

Figure 77: Panasonic Holdings Corporation Financial Performance

Figure 78: Mitsubishi Electric Pvt. Ltd. Financial Performance

Figure 79: Toshiba Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the solid state lighting market?

How will the solid state lighting market drivers and restraints affect the solid state lighting market dynamics? What forces will shape the solid state lighting industry going forward?

The solid state lighting market major growth driver - Rising Demand For Energy-Efficient Lighting Fuels The Solid-State Lighting Market Growth. For further insights on the solid state lighting market, request a sample here

What is the forecast market size or the forecast market value of the solid state lighting market?

The solid state lighting market size has grown rapidly in recent years. It will grow from $40.54 billion in 2023 to $44.97 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increased use of solid-state lighting, growth in industrialization, a surge in disposable income, and increased governmental initiatives. The solid state lighting market size is expected to see rapid growth in the next few years. It will grow to $68.57 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to increasing demand for energy-efficient lighting, increasing demand for energy-saving lighting solutions, increasing demand for environmentally friendly lighting solutions, and rising government-supported industry consortiums. Major trends in the forecast period include technological advancements, a focus on human-centric lighting, the adoption of mini-LED and micro-LED, horticultural lighting, and silicon-based LED technology. For further insights on the solid state lighting market, request a sample here

How is the solid state lighting market segmented?

The solid state lighting market is segmented
1) By Type: Light Emitting Diode (LED), Organic Light Emitting Diode (OLED), Polymer Light Emitting Diode (PLED)
2) By Installation Type: New Installation, Retrofit
3) By Applications: Indoor Lighting, Outdoor Lighting, Specialty Lighting
4) By Industry Vertical: Residential, Industrial And Commercial, Medical, Transportation, Other Industry Vertical"For further insights on the solid state lighting market, request a sample here

Which region has the largest share of the solid state lighting market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the solid state lighting market in 2023. The regions covered in solid-state lighting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the solid state lighting market, request a sample here.

Who are the major players in the solid state lighting market?

Major companies operating in the solid state lighting market report are Samsung Electronics Co. Ltd , General Electric Company, Panasonic Holdings Corporation, Mitsubishi Electric Pvt. Ltd., Toshiba Corporation, Everlight Electronics Co. Ltd., Koninklijke Philips N.V., Signify Holding B.V., Energy Focus Inc., OSRAM GmbH, Hubbell Incorporated, Acuity Brands Inc, Stanley Electric Co., Zumtobel Group, Seoul Semiconductor Co. Ltd., Cree LED, Lumileds Holding B.V., Cooper Lighting LLC, Bridgelux Inc., TCP Lighting, Sanken Electric Co. Ltd., Intematix Corporation, Seoul Viosys Co. Ltd., Phoenix Products LLC, Nichia Corporation For further insights on the solid state lighting market, request a sample here.

What are the key trends in the solid state lighting market?

Major trend in the solid state lighting market - Advancements In Chip-Scale LEDs Transform Solid-State Lighting Landscape. For further insights on the solid state lighting market, request a sample here.

What are the major opportunities in the solid state lighting market? What are the strategies for the solid state lighting market?

For detailed insights on the major opportunities and strategies in the solid state lighting market, request a sample here.

How does the solid state lighting market relate to the overall economy and other similar markets?

For detailed insights on solid state lighting market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the solid state lighting industry?

For detailed insights on the mergers and acquisitions in the solid state lighting industry, request a sample here.

What are the key dynamics influencing the solid state lighting market growth? SWOT analysis of the solid state lighting market.

For detailed insights on the key dynamics influencing the solid state lighting market growth and SWOT analysis of the solid state lighting industry, request a sample here.