Solid State Lighting Market Research Report- Global Forecast to 2032

Solid State Lighting Market Research Report Information By Technology (Light Emitting Diodes (LED), Organic Light Emitting Diodes (OLED), and Polymer Light Emitting Diodes (PLED)), By Application (Transportation, Commercial, Outdoor Lighting, Residential, and Consumer Electronics) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Industry Size, Share and Forecast Till 2032

ID: MRFR/SEM/1249-HCR | 110 Pages | Author: Aarti Dhapte | March 2024         

Table of Contents

1. Report prologue

2. Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market structure

3. Research Methodology

3.1 Research process

3.2 Primary research

3.3 Secondary research

3.4 Market size estimation

3.5 Forecast model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

5. Market factor analysis

5.1 Value chain analysis/Supply chain analysis

5.2 Porters five forces

5.2.1. Bargaining Power of suppliers

5.2.2. Bargaining Power of Customer

5.2.3. Intensity of Competitor’s

5.2.4. Threat of New Entrants

5.2.5 Threat of Substitutes

6. Global Solid State Lighting Market: By Technology

6.1. Introduction

6.2. Market Sub-segments

6.2.1. Light emitting diodes (LEDs)

6.2.2. Organic light emitting diodes (OLED)

6.2.3. Others

7. Global Solid State Lighting Market, by Application

7.1. Introduction

7.2. Market Sub-segments

7.2.1. Residential

7.2.2. Commercial

7.2.3. Outdoor lighting

7.2.4. Transportation

7.2.5. Automotive

7.2.6. Medical

7.2.7. Consumer Electronics

7.2.8. Others

8. Global Solid State Lighting Market, by Region

8.1. Introduction

8.1.1. North America

8.1.1.1. U.S.

8.1.1.2. Canada

8.1.2. Europe

8.1.2.1. Germany

8.1.2.2. France

8.1.2.3. UK

8.1.2.4. Italy

8.1.2.5. Spain

8.1.2.8. Rest of Europe

8.1.3. Asia-Pacific

8.1.3.1. Japan

8.1.3.2. China

8.1.3.3. India

8.1.3.4. South Korea

8.1.3.5. Rest of Asia-Pacific

8.1.4. Middle East & Africa

9. Competitive landscape

9.1. Introduction

9.1.1. Mergers & Acquisitions

9.1.2. Collaborations

9.1.3. Releases/New Product launches

9.1.4. Other (Expansion/ Updates/Partnerships)

10. Company profile

10.1 Royal Philips Electronics N.V. (Netherlands)

10.1.1. Company Overview

10.1.2. Product/Business Segment Overview

10.1.3. Financials

10.1.4. Key Developments

10.2 Panasonic corporation (Japan)

10.2.1. Company Overview

10.2.2. Product/Business Segment Overview

10.2.3. Financials

10.2.4. Key Developments

10.3 Samsung electronics Co. Ltd. (South Korea)

10.3.1. Company Overview

10.3.2. Product/Business Segment Overview

10.3.3. Financials

10.3.4. Key Developments

10.4 Acuity brands lighting, Inc. (U.S.)

10.4.1. Company Overview

10.4.2. Product/Business Segment Overview

10.4.3. Financials

10.4.4. Key Developments

10.5 Cree, Inc. (U.S.)

10.5.1. Company Overview

10.5.2. Product/Business Segment Overview

10.5.3. Financials

10.5.4. Key Developments

10.6 Eaton corporation PLC (Ireland)

10.6.1. Company Overview

10.6.2. Product/Business Segment Overview

10.6.3. Financials

10.6.4. Key Developments

10.7 General electric (U.S.)

10.7.1. Company Overview

10.7.2. Product/Business Segment Overview

10.7.3. Financials

10.7.4. Key Developments

10.8 Energy Focus, Inc. (U.S.)

10.8.1. Company Overview

10.8.2. Product/Business Segment Overview

10.8.3. Financials

10.8.4. Key Developments

10.9 Intematix corporation (U.S.)

10.9.1. Company Overview

10.9.2. Product/Business Segment Overview

10.9.3. Financials

10.9.4. Key Developments

10.10 Osram Licht AG (Germany)

10.10.1. Company Overview

10.10.2. Product/Business Segment Overview

10.10.3. Financials

10.10.4. Key Developments

11. MRFR Conclusion

12. Appendix

List of Tables

TABLE 1 GLOBAL SOLID STATE LIGHTING MARKET (USD BILLION)

TABLE 2 GLOBAL SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 3 GLOBAL LED MARKETS, BY REGION

TABLE 4 GLOBAL OLED MARKET, BY REGION

TABLE 5 GLOBAL SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 6 GLOBAL RESIDENTIAL MARKET, BY REGION

TABLE 7 GLOBAL MEDICAL MARKET, BY REGION

TABLE 8 GLOBAL COMMERCIAL MARKET, BY REGION

TABLE 9 GLOBAL OUTDOOR LIGHTING MARKET, BY REGION

TABLE 10 GLOBAL AUTOMOTIVE MARKET, BY REGION

TABLE 11 GLOBAL TRANSPORTATION MARKET, BY REGION

TABLE 12 GLOBAL CONSUMER ELECTRONICS MARKET, BY REGION

TABLE 13 GLOBAL OTHERS MARKET, BY REGION

TABLE 14 GLOBAL SOLID STATE LIGHTING MARKET, BY REGION

TABLE 15 NORTH AMERICA SOLID STATE LIGHTING MARKET, BY COUNTRY

TABLE 16 NORTH AMERICA SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 17 NORTH AMERICA SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 18 U.S. SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 19 U.S. SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 20 CANADA SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 21 CANADA SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 22 EUROPE SOLID STATE LIGHTING MARKET, BY COUNTRY

TABLE 23 EUROPE SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 24 EUROPE SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 25 GERMANY SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 26 GERMANY SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 27 FRANCE SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 28 FRANCE SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 29 U.K. SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 30 U.K. SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 31 REST OF EUROPE SOLID STATE LIGHTING MARKET, BY COUNTRY

TABLE 32 REST OF EUROPE SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 33 REST OF EUROPE SOLID STATE LIGHTING MARKET, BY APPLICATION

TABLE 34 ASIA-PACIFIC SOLID STATE LIGHTING MARKET, BY COUNTRY

TABLE 35 ASIA-PACIFIC SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 36 ASIA-PACIFIC SOLID STATE LIGHTINGMARKET, BY APPLICATION

TABLE 37 MIDDLE EAST & AFRICA SOLID STATE LIGHTING MARKET, BY COUNTRY

TABLE 38 MIDDLE EAST & AFRICA SOLID STATE LIGHTING MARKET, BY TECHNOLOGY

TABLE 39 MIDDLE EAST & AFRICA SOLID STATE LIGHTING MARKET, BY APPLICATION

List of Figures

FIGURE 1 RESEARCH PROCESS

FIGURE 2 DRIVERS OF GLOBAL Solid State Lighting MARKET

FIGURE 3 GLOBAL SOLID STATE LIGHTING MARKET: BY TECHNOLOGY (%)

FIGURE 4 GLOBAL SOLID STATE LIGHTING MARKET: BY APPLICATION (%)

FIGURE 5 GLOBAL SOLID STATE LIGHTING MARKET SHARE BY REGION (2023 & 2032) (%)

FIGURE 6 NORTH AMERICA SOLID STATE LIGHTING MARKET, BY TECHNOLOGY (%)

FIGURE 7 NORTH AMERICA SOLID STATE LIGHTING MARKET, BY APPLICATION (%)

FIGURE 8 NORTH AMERICA SOLID STATE LIGHTING MARKET SHARE BY COUNTRY (2023 & 2032) (%)

FIGURE 9 EUROPE SOLID STATE LIGHTING MARKET, BY TECHNOLOGY (%)

FIGURE 10 EUROPE SOLID STATE LIGHTING MARKET, BY APPLICATION (%)

FIGURE 11 EUROPE SOLID STATE LIGHTING MARKET SHARE BY COUNTRY (2023 & 2032) (%)

FIGURE 12 ASIA-PACIFIC SOLID STATE LIGHTING MARKET, BY TECHNOLOGY (%)

FIGURE 13 ASIA-PACIFIC SOLID STATE LIGHTING MARKET, BY APPLICATION (%)

FIGURE 14 ASIA-PACIFIC SOLID STATE LIGHTING MARKET SHARE BY COUNTRY (2023 & 2032) (%)

FIGURE 15 ROW SOLID STATE LIGHTING MARKET, BY TECHNOLOGY (USD BILLION)

FIGURE 16 ROW SOLID STATE LIGHTING MARKET SHARE BY COUNTRY (2023 & 2032) (%)

Solid State Lighting Market Segmentation


Solid State Lighting Technology Outlook (USD Billion, 2019-2032)




  • Light Emitting Diodes (LED)




  • Organic Light Emitting Diodes (OLED)




  • Polymer Light Emitting Diodes (PLED)




Solid State Lighting Application Outlook (USD Billion, 2019-2032)




  • Transportation




  • Commercial




  • Outdoor Lighting




  • Residential




  • Consumer Electronics




Solid State Lighting Regional Outlook (USD Billion, 2019-2032)




  • North America Outlook (USD Billion, 2019-2032)




    • North America Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • North America Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • US Outlook (USD Billion, 2019-2032)




    • US Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • US Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • CANADA Outlook (USD Billion, 2019-2032)




    • CANADA Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • CANADA Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics








  • Europe Outlook (USD Billion, 2019-2032)




    • Europe Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Europe Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Germany Outlook (USD Billion, 2019-2032)




    • Germany Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Germany Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • France Outlook (USD Billion, 2019-2032)




    • France Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • France Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • UK Outlook (USD Billion, 2019-2032)




    • UK Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • UK Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • ITALY Outlook (USD Billion, 2019-2032)




    • ITALY Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • ITALY Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • SPAIN Outlook (USD Billion, 2019-2032)




    • Spain Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Spain Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Rest Of Europe Outlook (USD Billion, 2019-2032)




    • Rest Of Europe Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • REST OF EUROPE Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics








  • Asia-Pacific Outlook (USD Billion, 2019-2032)




    • Asia-Pacific Solid-State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Asia-Pacific Solid-State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • China Outlook (USD Billion, 2019-2032)




    • China Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • China Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Japan Outlook (USD Billion, 2019-2032)




    • Japan Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Japan Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • India Outlook (USD Billion, 2019-2032)




    • India Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • India Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Australia Outlook (USD Billion, 2019-2032)




    • Australia Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Australia Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Rest of Asia-Pacific Outlook (USD Billion, 2019-2032)




    • Rest of Asia-Pacific Solid-State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Rest of Asia-Pacific Solid-State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics








  • Rest of the World Outlook (USD Billion, 2019-2032)




    • Rest of the World Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Rest of the World Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Middle East Outlook (USD Billion, 2019-2032)




    • Middle East Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Middle East Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Africa Outlook (USD Billion, 2019-2032)




    • Africa Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Africa Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics






    • Latin America Outlook (USD Billion, 2019-2032)




    • Latin America Solid State Lighting by Technology




      • Light Emitting Diodes (LED)




      • Organic Light Emitting Diodes (OLED)




      • Polymer Light Emitting Diodes (PLED)






    • Latin America Solid State Lighting by Application




      • Transportation




      • Commercial




      • Outdoor Lighting




      • Residential




      • Consumer Electronics







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Research Methodology on Solid State Lighting Market


The purpose of this research project is to assess the development, current trends, and possible future prospects of the Solid State Lighting (SSL) market globally. To achieve this goal, a range of research methods were employed. These included both primary and secondary research methods, which allowed for the collection of a wide range of data.


Primary Research


Primary research was conducted in order to acquire detailed knowledge of the industry and its workings. This involved interviews and conversations with industry experts, such as executives, decision-makers, and research analysts. Sources of primary research included industry insiders, institutional investors, venture capitalists, and other relevant industry participants. These interviews provided insight into the potential market size and growth, current challenges and opportunities in the SSL market, future trends, and new product and service developments in the industry.


Secondary Research


Secondary research was also conducted to supplement the information provided by primary research. Sources of secondary research included websites, databases, statistics, journals, and white papers. This was used to understand the current trends in the SSL market, the competitive landscape, market dynamics, and regional analysis. In addition, secondary research assisted in the development of the market forecast for the SSL market.


Market Size Estimation


The market size estimation for the SSL market was derived from the analysis of data from both primary and secondary research sources. This included the analysis of regional data and the estimated market size for each region based on their share of the global market. The market size was also evaluated for key product and application segments.


Market Dynamics


Analysis of the market dynamics, such as drivers, restraints, challenges, and opportunities, was conducted to understand the overall picture of the SSL market. This included factors such as market size, growth potential, technology trends, changing customer and industry preferences, and possible future market developments.


Forecasting


Forecasting for the SSL Market was conducted using data from both primary and secondary sources. This included analyzing the current and historical data to determine the estimated growth rate, market position, and potential product and service developments along with the market forecast from 2023 to 2030.


Data Triangulation


Data triangulation was also used in order to validate the information obtained from both primary and secondary sources. This involved cross-checking the data from different sources and reforming the research framework in order to obtain an accurate picture of the SSL market.


Conclusion


This comprehensive research methodology was employed to assess the development, current trends, and future prospects of the Solid State Lighting market. Using both primary and secondary research, detailed insight into the SSL market was obtained, resulting in an analysis of the current market size and growth potential, the competitive landscape, and possible future developments. Additionally, market size estimation and market dynamics were studied, and forecasts were developed. Finally, data triangulation was used to validate the data obtained from primary and secondary sources.

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