Report overview
Solid-State Lighting (SSL) products such as LED, OLED, and CFL consumes very less energy and makes less dissipation of heat compared to traditional lighting systems such as incandescent offering increased illumination for a range of lighting applications. SSL are suitable for low-space applications such as automotive lighting.
This report aims to provide a comprehensive presentation of the global market for SSL and Fluorescent Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SSL and Fluorescent Lighting. This report contains market size and forecasts of SSL and Fluorescent Lighting in global, including the following market information:
Global SSL and Fluorescent Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global SSL and Fluorescent Lighting Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five SSL and Fluorescent Lighting companies in 2022 (%)
The global SSL and Fluorescent Lighting market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The increasing demand for environmentally-friendly lighting technologies coupled with low energy consumption are key factors that drive the growth of the global SSL and other energy-efficient lighting systems market. The adoption of lighting products with long shelf-life along with robust design of these for better efficiency are the other factors that will boost the growth of the market. Furthermore, various government initiatives promoting the use of SSL technologies over conventional lighting are the factors that will foster the solid-state lighting and fluorescent lighting market. SSL technologies that can be used for limited or small spaces are other factors that will fuel the growth of the market. The high initial cost of equipment giving SSL & FL technologies along with lack of efficiency in heat sensitive applications are the factors that will hamper the growth of the market. Lighting applications in commercial and residential buildings will offer ample growth opportunities to the solid-state lighting and fluorescent lighting market. Continual R&D activities in the domain of optoelectronics and high brightness LEDs which can emit white light giving natural feel are the factors that will offer more market opportunities for SSL, particularly in general automotive lighting segment.
We surveyed the SSL and Fluorescent Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global SSL and Fluorescent Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SSL and Fluorescent Lighting Market Segment Percentages, by Type, 2022 (%)
Solid-State Lighting
Fluorescent Lighting
Global SSL and Fluorescent Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SSL and Fluorescent Lighting Market Segment Percentages, by Application, 2022 (%)
General Lighting
Backlighting
Automotive Lighting
Medical Lighting
Others
Global SSL and Fluorescent Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global SSL and Fluorescent Lighting Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies SSL and Fluorescent Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies SSL and Fluorescent Lighting revenues share in global market, 2022 (%)
Key companies SSL and Fluorescent Lighting sales in global market, 2018-2023 (Estimated), (K Units)
Key companies SSL and Fluorescent Lighting sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE Lighting
OSRAM
Panasonic
Schnieder Electric
Acuity Brands
Bridgelux
Cree
Dialight
Eaton
Emerson Electric
Everlight Electronics
Toshiba
Toyoda Gosei
Outline of Major Chapters:
Chapter 1: Introduces the definition of SSL and Fluorescent Lighting, market overview.
Chapter 2: Global SSL and Fluorescent Lighting market size in revenue and volume.
Chapter 3: Detailed analysis of SSL and Fluorescent Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of SSL and Fluorescent Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global SSL and Fluorescent Lighting capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
