Solid State Lighting Market, Global Outlook and Forecast 2023-2029

The global Solid State Lighting market was valued at US$ 15780 million in 2022 and is projected to reach US$ 21750 million by 2029, at a CAGR of 4.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Solid state lighting is a process of generating light by making use of semiconductor LEDs, OLEDs etc. as a source of illumination.

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This report aims to provide a comprehensive presentation of the global market for Solid State 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 Solid State Lighting. This report contains market size and forecasts of Solid State Lighting in global, including the following market information:

Global Solid State Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Solid State Lighting Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Solid State Lighting companies in 2022 (%)

A high adoption of LED, OLED, and PLED technology in replacement of filaments, gas etc. is expected to drive the overall growth of solid state lighting.

We surveyed the Solid State 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 Solid State Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Solid State Lighting Market Segment Percentages, by Type, 2022 (%)

• LED

• OLED

• PLED

Global Solid State Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Solid State Lighting Market Segment Percentages, by Application, 2022 (%)

• Commercial

• Industrial

• Residential

• Healthcare

• Automotive

• Gaming and Entertainment

• Others

Global Solid State Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Solid State 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 Solid State Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)

• Key companies Solid State Lighting revenues share in global market, 2022 (%)

• Key companies Solid State Lighting sales in global market, 2018-2023 (Estimated), (K Units)

• Key companies Solid State Lighting sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• OSRAM

• Philips Lighting Holding

• NICHIA

• Semiconductor

• General Electric

• Intematix

• BRIGHT LIGHT SYSTEMS

• AIXTRON

• Applied Materials

• Bridgelux

Outline of Major Chapters:

Chapter 1: Introduces the definition of Solid State Lighting, market overview.

Chapter 2: Global Solid State Lighting market size in revenue and volume.

Chapter 3: Detailed analysis of Solid State 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 Solid State 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 Solid State 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.

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