openPR Logo
Press release

Solid State Lighting Market 2018 Global Key Players: General Electric Company, Nichia Corporation, AIXTRON SE, Applied Materials, Inc., Applied Science and Technology Research Institute Company Limited, Bridgelux, Cree, Acuity Brands

04-16-2018 02:13 PM CET | IT, New Media & Software

Press release from: Market Research Future (MRFR)

Solid State Lighting Market 2018 Global Key Players: General

Market Highlights:

Solid state lighting is gaining traction owing to its energy-saving benefits. OLED, PLED or LED are the commonly used tube/bulb technology in solid state lighting system. These lighting systems are integrated with special semiconductors that assist in converting electricity into light. Benefits such as low power consumption, long life, and small & flexible size are prompting consumers to switch to solid state lighting system from other conventional lighting systems. Rising global trends of finding energy sustainability and clean energy usage is also expected to drive the sales of solid state lighting in the forthcoming years. Market Research Future (MRFR)’s in its latest report has revealed that the global market for solid state lighting will exhibit a CAGR of 8% during the forecast period (2016-2022).

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1781

atest Industry Trend and News:

Acuity Brands, Inc. recently revealed that location-powered mobile specialist Verve(TM) is partnering with the company in its Atrius(TM) IoT ecosystem. This will allow verve to bolster its out-of-store and in-store shopper data and engagement solution for brands and retailers.
Leading technology firm Osram Licht AG has reportedly agreed to acquire BAG Electronics GmbH, a light component manufacturer for an undisclosed amount. The move will allow Osram to expand its electronic component business.

Global Market for Solid State Lighting – Segmental Analysis

On the basis of technology, the global market for solid state lighting has been segmented into organic light emitting diode (OLED) and light emitting diode (LED). On the basis of application, the market has been segmented into transportation, residential, commercial, consumer electronics, and outdoor lighting. By application, the market has been segmented into commercial, automotive, transportation, consumer electronics, outdoor lighting, residential and medical.

Regional Overview

Solid state lighting market in North America is expected to remain highly lucrative throughout the assessment period. This is primarily owing to increased government efforts to adopt energy efficient technologies such as OLED and LED. The use of incandescent bulb has dropped in countries such the US and Canada, which supporting the growth of the market. Meanwhile, Europe is expected to retain it second position over 2022. Increased demand for solid state lighting in both commercial and residential sectors is driving the sales of solid state lighting in Europe. During the forecast period, Asia Pacific (APAC) is also expected to witness a health growth.

Global Market for Solid State Lighting – Competitive Dashboard

Osram Licht AG (Germany), Panasonic corporation (Japan), Acuity brands lighting, Inc. (U.S.), Eaton corporation PLC (Ireland), Energy Focus, Inc. (U.S.), Royal Philips Electronics N.V. (Netherlands), Samsung electronics Co. Ltd. (South Korea), Cree, Inc. (U.S.), General electric (U.S.), and Intematix corporation (U.S.). are some key market participants profiled in MRFR’s report.

Get a Complete Report @ https://www.marketresearchfuture.com/reports/solid-state-lighting-market-1781

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Solid State Lighting Market 2018 Global Key Players: General Electric Company, Nichia Corporation, AIXTRON SE, Applied Materials, Inc., Applied Science and Technology Research Institute Company Limited, Bridgelux, Cree, Acuity Brands here

News-ID: 1018138 • Views:

More Releases from Market Research Future (MRFR)

Military Robots Market USD 74.5 billion by 2035, Due to Increasing Geopolitical …
Military Robots Market Outlook The Military Robots Market was valued at USD 38.78 billion in 2023 and is projected to grow to USD 74.5 billion by 2035, reflecting a CAGR of 5.59% from 2025 to 2035. This growth trajectory underscores the increasing reliance of modern defense forces on robotics and autonomous systems for enhancing operational efficiency, safety, and strategic capabilities. The rising demand for unmanned systems across land, air, sea,
Electronic Warfare Market Size USD 20.43 billion by 2030, Driven by rising Cyber …
Electronic Warfare Market Outlook The Electronic Warfare Market was valued at USD 15.5 billion in 2022 and is projected to grow from USD 16.12 billion in 2023 to USD 20.43 billion by 2030, with a CAGR of 4.03%. This robust trajectory reflects a combination of geopolitical tensions, rapid technological advancement, and sustained defense spending across major regions. Electronic warfare (EW) systems, which encompass electronic attack (EA), electronic protection (EP), and electronic
Caramel Market 2024-2032: Trends, Growth & Innovations Sweetening the Global Table
Caramel Market 2024-2032: Trends, Growth & Innovations Sweetening the Global Tab …
The global caramel market is on a sweet climb. Valued at USD 2.35 billion in 2023, it is forecast to rise to USD 3.74 billion by 2032, growing at a Compound Annual Growth Rate CAGR of 5.71% between 2024‐2032. This growth is being driven by shifting eating habits, increasing demand in developing economies, and rising consumer interest in indulgent, sweet flavors. Obtain a Sample File Containing Insights from Camping Beds
Sugar-Free Chocolate Market: A Sweet Spot for Health-Focused Innovation
Sugar-Free Chocolate Market: A Sweet Spot for Health-Focused Innovation
In an era where health consciousness increasingly influences food choices, the global sugar-free chocolate market is carving out a significant growth trajectory. According to a recent MRFR report, the market was valued at USD 1.52 billion in 2024 and is projected to reach USD 2.58 billion by 2034, growing at a compound annual growth rate CAGR of 5.4% during 2025-2034. Obtain a Sample File Containing Insights from Camping Beds and Mats

All 5 Releases


More Releases for Solid

Solid-State Battery Market to Witness Huge Growth by 2031 - Excellatron Solid St …
DataM Intelligence has published a new research report on "Solid-State Battery Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status. Get a Free Sample Research PDF -
Polymer-Based Solid State Battery Market With In-Detailed Competitor Analysis, F …
WMR has released a report titled "Polymer-Based Solid State Battery Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2031", which includes market percentage records and a thorough enterprise analysis. This report looks at the market's competition, geographic distribution, and growth potential. This comprehensive report encompasses industry performance, critical success factors, risk assessment, manufacturing prerequisites, project expenses, economic analysis, anticipated return on investment (ROI), and profit margins. This comprehensive report delves
Solid of Sodium Methylate Market Solid of Sodium Methylate Market Size and Forec …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Solid of Sodium Methylate Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The Solid of Sodium Methylate market encompasses the production, distribution, and utilization of solid forms of sodium methylate, a versatile chemical compound with
Solid State Battery Market Financial Insights, Business Growth Strategies | Robe …
Exactitude Consultancy, the market research has completed and published the final copy of the detailed research report on the Solid State Battery Market. The Solid State Battery Market is expected to register a CAGR of over 36.01% over the forecast period. According to a recent report published by Exactitude Consultancy, titled, "Solid State Battery Market by Type (Thin Film Battery, Portable Battery) Capacity (Below 20mAh, 20mAh-500mAh, above 500mAh) Application Consumer Electronics,
Thin Film Solid State Battery Market Size 2022 By Top Key Players -Solid Power, …
A solid state battery has a better energy density than a lithium-ion battery that uses a liquid electrolyte solution. There is no need for safety components because there is no threat of an explosion or fire, which frees up space. The battery's capacity can then be increased by adding more active materials because there is more room for them. A solid state battery increases energy density per unit area since
Folklift Solid Tire Market Forecast Report on Folklift Solid Tire Market 2020-20 …
The global Folklift Solid Tire market 2020 mainly focuses on the market trend, market share, size and forecast. It is a brief and professional analysis on the current scenario of the Global Folklift Solid Tire market. The report on Folklift Solid Tire market is a comprehensive study on global market analysis and insights. The report focuses on the emerging trends in the global and regional spaces on all the significant components,