Solid-state lighting (SSL) are the type of lighting which features semiconductor light-emitting diodes (LEDs), polymer light-emitting diodes (PLED) or organic light-emitting diodes (OLED), as sources of lighting instead of plasma i.e. used in arc lamps such as fluorescent lamps, electrical filaments, , or gas. Solid state lighting system has the potential to reduce lighting energy consumption globally, as they are ten times more efficient than incandescent lighting and twice as efficient as fluorescent lighting. Some other features which attract consumers for adoption of solid state lighting systems include low power consumption, ability to withstand strong vibrations, no mercury content, no or minimum UV and IR radiation, ultra-long source life and digital controllability. Increasing application of solid state lighting systems in automobiles is a factor that is expected to drive the growth in the coming years.
The global market for Solid State Lighting System was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for Solid State Lighting System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Solid State Lighting System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for Solid State Lighting System was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies of Solid State Lighting System include GE Lighting, Philips, Osram Licht, Seoul Semiconductor, Cree, Inc., Intematix Corporation, Aixtron, Nichia Corporation and Bridgelux Inc, etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.
Global Leading Market Research Publisher QYResearch announces the release of its latest report “Solid State Lighting System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Solid State Lighting System market, including market size, share, demand, industry development status, and forecasts for the next few years.
The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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Global Solid State Lighting System Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Solid State Lighting System market is segmented as below:
By Company
GE Lighting
Philips
Osram Licht
Seoul Semiconductor
Cree, Inc.
Intematix Corporation
Aixtron
Nichia Corporation
Bridgelux Inc
Acuity Brands
Energy Focus Inc.
LED Engin, Inc.
Toyoda Gosei Co., Ltd.
TCP International
Segment by Type
LEDs
OLEDs
Others
Segment by Application
General Lighting
Automotive Lighting
Others
Each chapter of the report provides detailed information for readers to further understand the Solid State Lighting System market:
Chapter 1: Solid State Lighting System Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Household Hazardous Waste Disposal, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Solid State Lighting System industry.
Chapter 3: Solid State Lighting System Market Historical (2019-2023) and forecast (2024-2030) sales and revenue analysis of Solid State Lighting System in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Solid State Lighting System Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 5 to 9: Solid State Lighting System Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Solid State Lighting System introduction, etc. Solid State Lighting System Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Solid State Lighting System market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Table of Contents
1 Solid State Lighting System Market Overview
1.1Solid State Lighting System Product Overview
1.2 Solid State Lighting System Market by Type
1.3 Global Solid State Lighting System Market Size by Type
1.3.1 Global Solid State Lighting System Market Size Overview by Type (2019-2030)
1.3.2 Global Solid State Lighting System Historic Market Size Review by Type (2019-2024)
1.3.3 Global Solid State Lighting System Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Solid State Lighting System Sales Breakdown by Type (2019-2024)
1.4.2 Europe Solid State Lighting System Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Solid State Lighting System Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Solid State Lighting System Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Solid State Lighting System Sales Breakdown by Type (2019-2024)
2 Solid State Lighting System Market Competition by Company
2.1 Global Top Players by Solid State Lighting System Sales (2019-2024)
2.2 Global Top Players by Solid State Lighting System Revenue (2019-2024)
2.3 Global Top Players by Solid State Lighting System Price (2019-2024)
2.4 Global Top Manufacturers Solid State Lighting System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solid State Lighting System Market Competitive Situation and Trends
2.5.1 Solid State Lighting System Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Solid State Lighting System Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solid State Lighting System as of 2023)
2.7 Date of Key Manufacturers Enter into Solid State Lighting System Market
2.8 Key Manufacturers Solid State Lighting System Product Offered
2.9 Mergers & Acquisitions, Expansion
...
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