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Solid State Lighting (SSL) Market Growth, Trends, Industry Analysis and Forecast to 2025– The Insight Partners
1. Solid State Lighting (SSL) Market to 2025 - Global
Analysis and Forecasts by Technology, Applications,
Installation Type and End-user Industry Vertical
No of Pages: 150
Publishing Date: Nov 2016
Single User PDF: US$ 3900
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2. Solid State Lighting (SSL) Market to 2025
Introduction
The term solid state lighting refers to the light emitted by solid-state electroluminescence or fluorescent tubes. Solid
state lighting (SSL) uses polymer light-emitting diodes, semiconductor light-emitting diodes, and organic light-
emitting diodes as a source of radiance.
Compared to the conventional lighting technologies such as incandescent lamps, the solid state lighting products
provide higher output with lesser amount of energy. Incandescent lamps failed in optimum conversion of electrical
energy into light, and SSL overcomes this issue. Additionally, high durability (5 to 8 years) of SSL products is another
advantageous feature which is expected to boost the adoption of SSL products during the forecast period.
Furthermore, lower maintenance costs, reduced size, versatility, and high energy efficiency of SSL products when
compared to other conventional products, is expected to propel the global solid state lighting market during the
forecast period. The solid state lighting product are designed to reduce the biological impacts, thereby prompting
their use across the globe. Also, improved optical distribution of light in SSL products, significantly reduces the light
wastage/scattering, and therefore produces better illumination.
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3. Solid State Lighting (SSL) Market to 2025
Reduction in amount of manufacturing material (such as aluminum) for SSL products lowers the manufacturing cost
and time, thereby serving as a key opportunity area for the SSL vendors globally. Furthermore, the expected
implementation of SSL, owing to enhanced color stability and lumen proficiency, within several lighting applications
including automotive lighting, general lighting, and medical lighting, is analyzed to promise significant growth within
the global solid state lighting market. The high initial cost of SSL products hinders the global solid state lighting
market. Additionally, poor efficiency of SSL products in heat sensitive applications further restricts the global solid
state lighting market.
The solid state lighting market has been segmented on the basis of technology into light-emitting diodes (LED) and
organic light-emitting diodes (OLED). The SSL market has been further segmented based on applications, namely:
general lighting, automotive lighting, electronic billboards, backlighting, and medical lighting. On the basis of
installation type, the global solid state lighting market has been fragmented into new installation and retrofit.
Additionally, the global solid state lighting market has been further segmented by end-user industry verticals into
residential, education & research, healthcare, commercial, industrial, consumer electronics, and automotive &
transportation.
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4. Solid State Lighting (SSL) Market to 2025
Asia Pacific (APAC) is observed as the largest pool for global solid state lightning market owing to availability of
cheap labor and low manufacturing costs. In addition, North America leads the global solid state lighting market
owing to a significant implementation of SSL technology in lightning products. In addition, governments of
developed regions such as the North America and Europe, are planning to ban incandescent bulbs and increase
adoption of energy-efficient and eco-friendly technologies for illumination, thereby further expected to bolster the
global solid state lighting market In South America (SAM), Brazil is expected to be is largest contributor to global
solid state lightning market due to rapid infrastructural development propelling employment of large amount of SSL
products.
Some of the key players operating within the global solid state lighting market include 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., and Tridonic Gmbh & Co. KG among others.
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5. Solid State Lighting (SSL) Market to 2025
The report provides qualitative and qualitative insights about growth rates, key market shares and factors driving
the market drivers for all segments. The report highlights the growth rates and market sizes of various segment and
highlights the sections expected to experience high growth rate in various geographic segments. The report also
consist of company profiles of the market leaders and various players in the Solid State Lighting (SSL) Market. These
company profiles include product portfolios, market developments, financial performances and SWOT analysis for
each company. The report also offers a competitive landscape of the Solid State Lighting (SSL) Market.
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6. Solid State Lighting (SSL) Market to 2025
Table of Content – An Overview
Solid State Lighting (SSL) Market Landscape
Solid State Lighting (SSL) Market – Key Industry Dynamics
Solid State Lighting (SSL) Market – Five Forces Analysis
Solid State Lighting (SSL) Market Analysis
Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Technology
Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Installation Type
Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Applications
Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – End-user Industry Vertical
Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Geographical Analysis
Solid State Lighting (SSL) Market, Key Company Profiles
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7. About Us
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We are committed to providing highest quality research and consulting services to our customers. We help our
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We provide detailed segmentation of market by geography, technology, product or service which helps our clients
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