Market Overview:
The global solid-state and others energy-efficient lighting market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, owing to the rising concerns over greenhouse gas emissions and climate change. In addition, the growing awareness about the benefits of using LED lights is also contributing to the growth of this market. The global solid-state and others energy-efficient lighting market can be segmented on the basis of type into solid state, HID, fluorescent, and others. On the basis of application, it can be divided into general lighting, backlighting automotive lighting medical Lighting among others .
Product Definition:
Solid-state lighting is a type of lighting that uses semiconductor light-emitting diodes (LEDs) as its light source. LEDs are much more energy efficient than traditional incandescent light bulbs, and they also have a longer lifespan. LED lights can be used for general illumination, task lighting, and accent lighting.
Solid-State:
Solid-state lighting is a type of electronic equipment that produces light by the application of electric current to an optoelectronic device. The solid-state lighting technology has improved over the years and has been evolving with changing technologies, business models, and user expectations. It is expected to be a key component in energy efficiency programs globally as it provides high efficacy at low cost compared to incandescent lamps or other forms of conventional lighting.
HID:
High Intensity Discharge (HID) lamps and fixtures use a different kind of light source than LED or CFL. They produce light by electrifying gas at high temperatures. The most common types of HID lamps are T-lamps, reflectors, ballasts, and xenon short-arc lamps.
Application Insights:
The general lighting segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. General lighting includes task-based as well as ambient light sources. The major application of general lighting includes offices, retail stores, public areas such as airports and hotels, industrial applications such as warehouses and assembly lines, residential areas including highways and roadwaysides along with others.
Solid-state lights offer several advantages including energy efficiency (high lumens output per unit of power consumed), high brightness (lumens value) per unit of weight (W/kg), high reliability & durability owing to their electronic components that are not subject to wear & tear like fluorescent or incandescent lamps are; these aforementioned factors are expected to drive the demand for SS/LEDsEL throughout the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. Furthermore, government initiatives encouraging energy-efficient lighting are projected to drive demand over the forecast period. For instance, The Energy Conservation Act 1992 (UK) and Energy Efficiency Directive (EU directives), which came into effect in January 2005, established an efficiency target for light bulbs that must be met by 2025.
North America accounted for more than 25% of global revenue share in 2017 owing to early adoption of solid-state lighting technology across various applications such as general illumination, backlighting, automotive interior illumination.
Growth Factors:
- Increasing demand from the commercial sector for energy-efficient lighting solutions
- Rising awareness about the benefits of using LED lights over traditional lighting sources
- Government initiatives and regulations promoting the use of energy-efficient lighting technologies
- Technological advancements that are making LED lights more efficient and affordable
- Growing demand for smart, connected lighting systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid-state and Others Energy-efficient Lighting Market Research Report
By Type
Solid-State, HID, Fluorescent
By Application
General Lighting, Backlighting, Automotive Lighting, Medical Lighting
By Companies
Osram Licht, Royal Philips Electronics N.V., Seoul Semiconductor, General Electric, Nichia, Aixtron Se, Bridgelux, Cree, Acuity Brands Lighting, Advanced Lighting Technologies, Energy Focus, Intematix, LED Engin, Toyoda Gosei, TCP International Holdings, Bright Light Systems
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Solid-state and Others Energy-efficient Lighting Market Report Segments:
The global Solid-state and Others Energy-efficient Lighting market is segmented on the basis of:
Types
Solid-State, HID, Fluorescent
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
General Lighting, Backlighting, Automotive Lighting, Medical Lighting
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:
- Osram Licht
- Royal Philips Electronics N.V.
- Seoul Semiconductor
- General Electric
- Nichia
- Aixtron Se
- Bridgelux
- Cree
- Acuity Brands Lighting
- Advanced Lighting Technologies
- Energy Focus
- Intematix
- LED Engin
- Toyoda Gosei
- TCP International Holdings
- Bright Light Systems
Highlights of The Solid-state and Others 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
- HID
- Fluorescent
- By Application:
- General Lighting
- Backlighting
- Automotive Lighting
- Medical Lighting
- 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 Others 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
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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 energy-efficient lighting that uses solid state devices to produce light. These lights are often more efficient and last longer than traditional incandescent or fluorescent lights.
Some of the major companies in the solid-state and others energy-efficient lighting market are Osram Licht, Royal Philips Electronics N.V., Seoul Semiconductor, General Electric, Nichia, Aixtron Se, Bridgelux, Cree, Acuity Brands Lighting, Advanced Lighting Technologies, Energy Focus, Intematix, LED Engin, Toyoda Gosei, TCP International Holdings, Bright Light Systems.
The solid-state and others energy-efficient lighting market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market - Supply Chain
4.5. Global Solid-state and Others Energy-efficient Lighting Market Forecast
4.5.1. Solid-state and Others Energy-efficient Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid-state and Others Energy-efficient Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid-state and Others Energy-efficient Lighting Market Absolute $ Opportunity
5. Global Solid-state and Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Type
5.3.1. Solid-State
5.3.2. HID
5.3.3. Fluorescent
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid-state and Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
6.3.1. General Lighting
6.3.2. Backlighting
6.3.3. Automotive Lighting
6.3.4. Medical Lighting
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid-state and Others 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 Others 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 Others 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 Others 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 Others Energy-efficient Lighting Demand Share Forecast, 2019-2026
9. North America Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
9.4.1. General Lighting
9.4.2. Backlighting
9.4.3. Automotive Lighting
9.4.4. Medical Lighting
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 Others Energy-efficient Lighting Market Size and Volume Forecast by Type
9.7.1. Solid-State
9.7.2. HID
9.7.3. Fluorescent
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 Others Energy-efficient Lighting Demand Share Forecast, 2019-2026
10. Latin America Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
10.4.1. General Lighting
10.4.2. Backlighting
10.4.3. Automotive Lighting
10.4.4. Medical Lighting
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 Others Energy-efficient Lighting Market Size and Volume Forecast by Type
10.7.1. Solid-State
10.7.2. HID
10.7.3. Fluorescent
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 Others Energy-efficient Lighting Demand Share Forecast, 2019-2026
11. Europe Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
11.4.1. General Lighting
11.4.2. Backlighting
11.4.3. Automotive Lighting
11.4.4. Medical Lighting
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid-state and Ohers Energy-efficient Lighting Market Size and Volume Forecast by Type
11.7.1. Solid-State
11.7.2. HID
11.7.3. Fluorescent
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 Others Energy-efficient Lighting Demand Share, 2019-2026
12. Asia Pacific Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
12.4.1. General Lighting
12.4.2. Backlighting
12.4.3. Automotive Lighting
12.4.4. Medical Lighting
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 Others Energy-efficient Lighting Market Size and Volume Forecast by Type
12.7.1. Solid-State
12.7.2. HID
12.7.3. Fluorescent
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 Others Energy-efficient Lighting Demand Share, 2019-2026
13. Middle East & Africa Solid-state and Others 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 Others 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 Others Energy-efficient Lighting Market Size and Volume Forecast by Application
13.4.1. General Lighting
13.4.2. Backlighting
13.4.3. Automotive Lighting
13.4.4. Medical Lighting
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 Others Energy-efficient Lighting Market Size and Volume Forecast by Type
13.7.1. Solid-State
13.7.2. HID
13.7.3. Fluorescent
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 Others Energy-efficient Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid-state and Others Energy-efficient Lighting Market: Market Share Analysis
14.2. Solid-state and Others Energy-efficient Lighting Distributors and Customers
14.3. Solid-state and Others Energy-efficient Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Osram Licht
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Royal Philips Electronics N.V.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Seoul Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nichia
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aixtron Se
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bridgelux
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cree
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Acuity Brands Lighting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Advanced Lighting Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Energy Focus
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Intematix
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. LED Engin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toyoda Gosei
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TCP International Holdings
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bright Light Systems
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
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook