The global solid state lighting market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for energy-efficient lighting solutions and the growing adoption of LED technology in various applications such as general lighting, consumer electronics, automotive & transport, healthcare, education & research and media & entertainment.
The global solid state lighting market is segmented on the basis of type into LEDs and OLEDs; on the basis of application into general lighting, consumer electronics, automotive & transport, healthcare education & research and media & entertainment; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East Africa (MEA).
Some Of The Growth Factors Of This Market:
- The cost of SSL is decreasing, which will make it more affordable for consumers to purchase.
- The efficiency of SSL is increasing, which will make it more efficient and environmentally friendly than traditional lighting sources.
- There are many different types of SSL that can be used in a variety of applications, such as LED lamps and LED light bulbs for residential use or LED streetlights for outdoor use.
- There are many benefits to using SSL over traditional lighting sources, such as the ability to control the color temperature or brightness with a remote control or smartphone app and the ability to dim lights without flickering like fluorescent lights do when they are dimmed too much.
- The lifespan of an average LED lamp is about 50 times longer than an incandescent bulb.
Industry Growth Insights published a new data on “Solid State Lighting (SSL) Market”. The research report is titled “Solid State Lighting (SSL) Market research by Types (Light-Emitting Diodes (LED), Organic Light-Emitting Diodes (OLED)), By Applications (General Lighting, Consumer Electronics, Automotive & Transport, Healthcare, Education & Research, Media & Entertainment, Other), By Players/Companies Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V, Seoul Semiconductor Co. Ltd, Applied Materials, Inc, Cambridge Display Technology Ltd, Mitsubishi Electric Corporation, Cree, Inc, Eaton Corporation PLC, Lumenpulse Inc, Energy Focus, Inc, Samsung Electronics Co. Ltd, Tridonic Gmbh & Co. KG”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid State Lighting (SSL) Market Research Report
By Type
Light-Emitting Diodes (LED), Organic Light-Emitting Diodes (OLED)
By Application
General Lighting, Consumer Electronics, Automotive & Transport, Healthcare, Education & Research, Media & Entertainment, Other
By Companies
Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V, Seoul Semiconductor Co. Ltd, Applied Materials, Inc, Cambridge Display Technology Ltd, Mitsubishi Electric Corporation, Cree, Inc, Eaton Corporation PLC, Lumenpulse Inc, Energy Focus, Inc, Samsung Electronics Co. Ltd, Tridonic Gmbh & Co. KG
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Solid State Lighting (SSL) Market Report Segments:
The global Solid State Lighting (SSL) market is segmented on the basis of:
Types
Light-Emitting Diodes (LED), Organic Light-Emitting Diodes (OLED)
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, Consumer Electronics, Automotive & Transport, Healthcare, Education & Research, Media & Entertainment, Other
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 AG
- Nichia Corporation
- General Electric Company
- Royal Philips Electronics N.V
- Seoul Semiconductor Co. Ltd
- Applied Materials, Inc
- Cambridge Display Technology Ltd
- Mitsubishi Electric Corporation
- Cree, Inc
- Eaton Corporation PLC
- Lumenpulse Inc
- Energy Focus, Inc
- Samsung Electronics Co. Ltd
- Tridonic Gmbh & Co. KG
 Market Overview.svg)
Highlights of The Solid State Lighting (SSL) 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:
- Light-Emitting Diodes (LED)
- Organic Light-Emitting Diodes (OLED)
- By Application:
- General Lighting
- Consumer Electronics
- Automotive & Transport
- Healthcare
- Education & Research
- Media & Entertainment
- Other
- 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 Lighting (SSL) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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 (SSL) is a lighting technology that uses solid-state devices to control light. These devices are more efficient and durable than traditional light bulbs, and they can be controlled using software or hardware.
Some of the major companies in the solid state lighting (ssl) market are Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V, Seoul Semiconductor Co. Ltd, Applied Materials, Inc, Cambridge Display Technology Ltd, Mitsubishi Electric Corporation, Cree, Inc, Eaton Corporation PLC, Lumenpulse Inc, Energy Focus, Inc, Samsung Electronics Co. Ltd, Tridonic Gmbh & Co. KG.
The solid state lighting (ssl) market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market - Supply Chain
4.5. Global Solid State Lighting (SSL) Market Forecast
4.5.1. Solid State Lighting (SSL) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid State Lighting (SSL) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid State Lighting (SSL) Market Absolute $ Opportunity
5. Global Solid State Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Type
5.3.1. Light-Emitting Diodes (LED)
5.3.2. Organic Light-Emitting Diodes (OLED)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid State Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
6.3.1. General Lighting
6.3.2. Consumer Electronics
6.3.3. Automotive & Transport
6.3.4. Healthcare
6.3.5. Education & Research
6.3.6. Media & Entertainment
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Demand Share Forecast, 2019-2026
9. North America Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
9.4.1. General Lighting
9.4.2. Consumer Electronics
9.4.3. Automotive & Transport
9.4.4. Healthcare
9.4.5. Education & Research
9.4.6. Media & Entertainment
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid State Lighting (SSL) Market Size and Volume Forecast by Type
9.7.1. Light-Emitting Diodes (LED)
9.7.2. Organic Light-Emitting Diodes (OLED)
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 Lighting (SSL) Demand Share Forecast, 2019-2026
10. Latin America Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
10.4.1. General Lighting
10.4.2. Consumer Electronics
10.4.3. Automotive & Transport
10.4.4. Healthcare
10.4.5. Education & Research
10.4.6. Media & Entertainment
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid State Lighting (SSL) Market Size and Volume Forecast by Type
10.7.1. Light-Emitting Diodes (LED)
10.7.2. Organic Light-Emitting Diodes (OLED)
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 Lighting (SSL) Demand Share Forecast, 2019-2026
11. Europe Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
11.4.1. General Lighting
11.4.2. Consumer Electronics
11.4.3. Automotive & Transport
11.4.4. Healthcare
11.4.5. Education & Research
11.4.6. Media & Entertainment
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid State Lighting (SSL) Market Size and Volume Forecast by Type
11.7.1. Light-Emitting Diodes (LED)
11..2. Organic Light-Emitting Diodes (OLED)
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 Lighting (SSL) Demand Share, 2019-2026
12. Asia Pacific Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
12.4.1. General Lighting
12.4.2. Consumer Electronics
12.4.3. Automotive & Transport
12.4.4. Healthcare
12.4.5. Education & Research
12.4.6. Media & Entertainment
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid State Lighting (SSL) Market Size and Volume Forecast by Type
12.7.1. Light-Emitting Diodes (LED)
12.7.2. Organic Light-Emitting Diodes (OLED)
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 Lighting (SSL) Demand Share, 2019-2026
13. Middle East & Africa Solid State Lighting (SSL) 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 Lighting (SSL) 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 Lighting (SSL) Market Size and Volume Forecast by Application
13.4.1. General Lighting
13.4.2. Consumer Electronics
13.4.3. Automotive & Transport
13.4.4. Healthcare
13.4.5. Education & Research
13.4.6. Media & Entertainment
13.4.7. Other
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 Lighting (SSL) Market Size and Volume Forecast by Type
13.7.1. Light-Emitting Diodes (LED)
13.7.2. Organic Light-Emitting Diodes (OLED)
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 Lighting (SSL) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid State Lighting (SSL) Market: Market Share Analysis
14.2. Solid State Lighting (SSL) Distributors and Customers
14.3. Solid State Lighting (SSL) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Osram Licht AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nichia Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Royal Philips Electronics N.V
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seoul Semiconductor Co. Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Applied Materials, Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cambridge Display Technology Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi Electric Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cree, Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eaton Corporation PLC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lumenpulse Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Energy Focus, Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Samsung Electronics Co. Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tridonic Gmbh & Co. KG
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
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
