Market Overview:
The global solid-state and other energy-efficient lighting market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions across different applications, rising awareness about the benefits of LED lights, and technological advancements in the solid-state lighting segment. Solid-state lighting is expected to be the fastest growing segment of the global solid-state and other energy-efficient lighting market during the forecast period. This growth can be attributed to factors such as declining prices of LEDs, increasing demand for LED lights in automotive applications, and rising awareness about the benefits of LEDs over traditional light sources. Commercial Lighting is expected to be the largest application segment of global solid state & other energy efficient Lighting Market by 2030 with a shareof more than 30%.
Product Definition:
Solid-state lighting is a type of lighting that uses semiconductor light-emitting diodes (LEDs) to produce light. LED lamps are much more energy efficient than traditional incandescent lamps and last longer.
Solid-State Lighting:
Solid-state lighting, also referred to as solid state or cold light, is a form of energy-efficient lighting that operates by using electrical energy as heat and no liquid or gas. It has numerous advantages over conventional incandescent lamps and other forms of conventional lighting; it offers high brightness with less power consumption (80% less), longer life span with low maintenance costs, lower carbon footprint in operation & disposal compared to HID/LVD based lights along with better aesthetics.
Hid Lighting:
HID stands for High Intensity Discharge and is an electric light source that produces light by the combustion of fuel. The most common types of HID lighting include T-lamps, L-amps, and H-bins. These are used in applications such as automotive, aircraft carriers, construction equipment/site work etc.
Application Insights:
The industrial lighting segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for energy-efficient lighting solutions in industries, such as manufacturing, oil & gas, healthcare and logistics among others.
Solid-state lighting provides better illumination than fluorescent or incandescent lights with higher lumens output per watt of power consumption. It also has lower maintenance costs owing to no moving parts and no need for replacement bulbs like fluorescent tubes or light sources which require periodic cleaning and servicing activities respectively. These factors are anticipated to drive its adoption across industrial applications over the coming years.
Commercial application include shopping malls/malls cinema theaters/theatres government offices hospitality (restaurants) corporate office buildings institutional education facilities airports transportation hubs retail outlets banks hospitals clinics post offices warehouse clubs sports arenas etc).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2016 and is anticipated to witness significant growth over the next eight years. This can be attributed to increasing government initiatives, rising disposable income, and expanding commercial sector especially in China and India. Moreover, growing awareness regarding energy conservation will drive demand for LEDs across this region during the forecast period.
Europe solid-state lighting market was valued at USD X billion in 2016 owing to high adoption of LED lighting solutions across countries such as Germany, U.K.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions from commercial and industrial sectors
- Rising awareness about the benefits of using solid-state and other energy-efficient lighting technologies
- Proliferation of LED technology across various applications
- Growing demand for smart and connected lighting systems
- Stringent government regulations mandating the use of energy-efficient lighting technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid-state and Other Energy-efficient Lighting Market Research Report
By Type
Solid-State Lighting, Hid Lighting, Plasma And Induction Lighting, Fluorescent Lighting, Others
By Application
Industrial Lighting, Commercial Lighting, Residential Lighting, Automotive Lighting, Others
By Companies
Phillips Lighting Holding, OSRAM Licht, Cooper Industries, Dialight, Samsung, General Electric, Cree, Virtual Extension, Zumtobel Group, Sharp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Solid-state and Other Energy-efficient Lighting Market Report Segments:
The global Solid-state and Other Energy-efficient Lighting market is segmented on the basis of:
Types
Solid-State Lighting, Hid Lighting, Plasma And Induction Lighting, Fluorescent Lighting, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Lighting, Commercial Lighting, Residential Lighting, Automotive Lighting, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Phillips Lighting Holding
- OSRAM Licht
- Cooper Industries
- Dialight
- Samsung
- General Electric
- Cree
- Virtual Extension
- Zumtobel Group
- Sharp
Highlights of The Solid-state and Other Energy-efficient Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid-State Lighting
- Hid Lighting
- Plasma And Induction Lighting
- Fluorescent Lighting
- Others
- By Application:
- Industrial Lighting
- Commercial Lighting
- Residential Lighting
- Automotive Lighting
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solid-state and Other Energy-efficient Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solid-state lighting is a type of LED lighting that uses solid state devices, rather than traditional light bulbs, to produce light. This type of lighting is more energy efficient because it uses less energy to produce the same amount of illumination as traditional light bulbs.
Some of the major players in the solid-state and other energy-efficient lighting market are Phillips Lighting Holding, OSRAM Licht, Cooper Industries, Dialight, Samsung, General Electric, Cree, Virtual Extension, Zumtobel Group, Sharp.
The solid-state and other energy-efficient lighting market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid-state and Other Energy-efficient Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solid-state and Other Energy-efficient Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid-state and Other Energy-efficient Lighting Market - Supply Chain
4.5. Global Solid-state and Other Energy-efficient Lighting Market Forecast
4.5.1. Solid-state and Other Energy-efficient Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid-state and Other Energy-efficient Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid-state and Other Energy-efficient Lighting Market Absolute $ Opportunity
5. Global Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
5.3.1. Solid-State Lighting
5.3.2. Hid Lighting
5.3.3. Plasma And Induction Lighting
5.3.4. Fluorescent Lighting
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
6.3.1. Industrial Lighting
6.3.2. Commercial Lighting
6.3.3. Residential Lighting
6.3.4. Automotive Lighting
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solid-state and Other Energy-efficient Lighting Demand Share Forecast, 2019-2026
9. North America Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
9.4.1. Industrial Lighting
9.4.2. Commercial Lighting
9.4.3. Residential Lighting
9.4.4. Automotive Lighting
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
9.7.1. Solid-State Lighting
9.7.2. Hid Lighting
9.7.3. Plasma And Induction Lighting
9.7.4. Fluorescent Lighting
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solid-state and Other Energy-efficient Lighting Demand Share Forecast, 2019-2026
10. Latin America Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
10.4.1. Industrial Lighting
10.4.2. Commercial Lighting
10.4.3. Residential Lighting
10.4.4. Automotive Lighting
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
10.7.1. Solid-State Lighting
10.7.2. Hid Lighting
10.7.3. Plasma And Induction Lighting
10.7.4. Fluorescent Lighting
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solid-state and Other Energy-efficient Lighting Demand Share Forecast, 2019-2026
11. Europe Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
11.4.1. Industrial Lighting
11.4.2. Commercial Lighting
11.4.3. Residential Lighting
11.4.4. Automotive Lighting
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
11.7.1. Solid-State Lighting
11.7.2. Hid Lighting
11.7.3. Plasma And Induction Lighting
11.7.4. Fluorescent Lighting
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solid-state and Other Energy-efficient Lighting Demand Share, 2019-2026
12. Asia Pacific Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
12.4.1. Industrial Lighting
12.4.2. Commercial Lighting
12.4.3. Residential Lighting
12.4.4. Automotive Lighting
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
12.7.1. Solid-State Lighting
12.7.2. Hid Lighting
12.7.3. Plasma And Induction Lighting
12.7.4. Fluorescent Lighting
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solid-state and Other Energy-efficient Lighting Demand Share, 2019-2026
13. Middle East & Africa Solid-state and Other Energy-efficient Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Application
13.4.1. Industrial Lighting
13.4.2. Commercial Lighting
13.4.3. Residential Lighting
13.4.4. Automotive Lighting
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid-state and Other Energy-efficient Lighting Market Size and Volume Forecast by Type
13.7.1. Solid-State Lighting
13.7.2. Hid Lighting
13.7.3. Plasma And Induction Lighting
13.7.4. Fluorescent Lighting
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solid-state and Other Energy-efficient Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid-state and Other Energy-efficient Lighting Market: Market Share Analysis
14.2. Solid-state and Other Energy-efficient Lighting Distributors and Customers
14.3. Solid-state and Other Energy-efficient Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Phillips Lighting Holding
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OSRAM Licht
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cooper Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dialight
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Samsung
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Virtual Extension
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zumtobel Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sharp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
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