This Solid State Lighting System market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Solid State Lighting System market.
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.
Global Solid State Lighting System Market: Drivers and Challenges
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
With increasing number of offering in the lighting space and rising number of local players in the market it is becoming a challenge for the vendors to offer lighting solutions for the customer at a competitive price featuring all the advanced technologies in it.
Global Solid State Lighting System Market: Segmentation
Global solid state lighting system market can be segmented into technology, application, sector and regions.
On the basis of technology, global solid state lighting system market can be segmented into LEDs, high intensity discharge (HID) lighting, others.
On the basis of application, global solid state lighting system market can be segmented into general lighting, automotive lighting, others.
On the basis of sector, global solid state lighting system market can be segmented into residential, commercial, industrial, outdoor and other.
Global Solid State Lighting System Market: Regional Outlook
On the basis of regions, global solid state lighting system market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
Asia Pacific is likely to continue its lead position over the forecast period. The growth of this regional market is largely fuelled by economic development in China, India, and Indonesia. The continuous penetration of consumer electronics is among the key factors for the healthy pace of growth of the Asia Pacific market. North America holds a notable share in the market as it is home to several key vendors for solid state lighting.
Global Solid State Lighting System Market: Competition Landscape
Some of the key players for solid state lighting system market are General Electric Company, Osram Licht AG, Seoul Semiconductor Co., Ltd., Intematix Corporation, Bridgelux, Inc., Cree, Inc., Acuity Brands Lighting, Inc., Advanced Lighting Technologies, Inc., Energy Focus, Inc., LED Engin, Inc., Toyoda Gosei Co., Ltd., TCP International Holdings Ltd., Aixtron Se, Samsung Electronics Co. Ltd., Panasonic Corporation, Mitsubishi Electric Corporation, Eaton Corporation, NICHIA Corporation, Koninklijke Philips N.V., and Applied Materials Inc., and Bright Light Systems
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.
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The report covers exhaustive analysis on:
- Solid State Lighting System Market Segments
- Solid State Lighting System Market Dynamics
- Solid State Lighting System Market Size, 2014 - 2016
- Solid State Lighting System Market Size & Forecast 2017 to 2027
- Value Chain Analysis
- Solid State Lighting System Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Solid State Lighting System Market Drivers and Restraints
Regional analysis for Solid State Lighting System Market includes development of these systems in the following regions:
- North America Market
- Latin America Market
- Rest of Latin America
- Western Europe Market
- Rest of Western Europe
- Eastern Europe Market
- Asia Pacific Market
- Australia and New Zealand (A&NZ)
- Rest of Asia Pacific
- Japan Market
- Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Frequently Asked Questions
What research methodology is used to develop the Solid State Lighting System Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Solid State Lighting System Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Solid State Lighting System Market report?
In addition to up-to-date market figures and customized of the Solid State Lighting System Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.