openPR Logo
Press release

Solid State Lighting Market Outlook to 2025 with Key Players - Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V., Seoul Semiconductor, Applied Materials, Cambridge Display Technology, Mitsubishi Electric Corporat

11-20-2018 02:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Solid State Lighting Market Outlook to 2025 with Key Players -

The term solid state lighting refers to the light emitted by solid-state electroluminescence or fluorescent tubes. Solid state lighting (SSL) uses polymer light-emitting diodes, semiconductor light-emitting diodes, and organic light-emitting diodes as a source of radiance.

Compared to the conventional lighting technologies such as incandescent lamps, the solid state lighting products provide higher output with lesser amount of energy. Incandescent lamps failed in optimum conversion of electrical energy into light, and SSL overcomes this issue. Additionally, high durability (5 to 8 years) of SSL products is another advantageous feature which is expected to boost the adoption of SSL products during the forecast period.

Sample Copy of this Report at http://bit.ly/2OTkyYh

Furthermore, lower maintenance costs, reduced size, versatility, and high energy efficiency of SSL products when compared to other conventional products, is expected to propel the global solid state lighting market during the forecast period. The solid state lighting product are designed to reduce the biological impacts, thereby prompting their use across the globe. Also, improved optical distribution of light in SSL products, significantly reduces the light wastage/scattering, and therefore produces better illumination.

Reduction in amount of manufacturing material (such as aluminum) for SSL products lowers the manufacturing cost and time, thereby serving as a key opportunity area for the SSL vendors globally. Furthermore, the expected implementation of SSL, owing to enhanced color stability and lumen proficiency, within several lighting applications including automotive lighting, general lighting, and medical lighting, is analyzed to promise significant growth within the global solid state lighting market.

The high initial cost of SSL products hinders the global solid state lighting market. Additionally, poor efficiency of SSL products in heat sensitive applications further restricts the global solid state lighting market.

The solid state lighting market has been segmented on the basis of technology into light-emitting diodes (LED) and organic light-emitting diodes (OLED). The SSL market has been further segmented based on applications, namely: general lighting, automotive lighting, electronic billboards, backlighting, and medical lighting.

On the basis of installation type, the global solid state lighting market has been fragmented into new installation and retrofit. Additionally, the global solid state lighting market has been further segmented by end-user industry verticals into residential, education & research, healthcare, commercial, industrial, consumer electronics, and automotive & transportation.

Asia Pacific (APAC) is observed as the largest pool for global solid state lightning market owing to availability of cheap labor and low manufacturing costs. In addition, North America leads the global solid state lighting market owing to a significant implementation of SSL technology in lightning products.

In addition, governments of developed regions such as the North America and Europe, are planning to ban incandescent bulbs and increase adoption of energy-efficient and eco-friendly technologies for illumination, thereby further expected to bolster the global solid state lighting market In South America (SAM), Brazil is expected to be is largest contributor to global solid state lightning market due to rapid infrastructural development propelling employment of large amount of SSL products.

Buy this Report at http://bit.ly/2A5peoT

Some of the key players operating within the global solid state lighting market include Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V., Seoul Semiconductor Co. Ltd., Applied Materials, Inc., Cambridge Display Technology Ltd., Mitsubishi Electric Corporation, Cree, Inc., Eaton Corporation PLC., Lumenpulse Inc., Energy Focus, Inc., Samsung Electronics Co. Ltd., and Tridonic Gmbh & Co. KG among others.

Companies Mentioned

- Osram Licht AG
- Nichia Corporation
- General Electric Company
- Royal Philips Electronics N.V.
- Seoul Semiconductor Co. Ltd.
- Applied Materials, Inc.
- Cambridge Display Technology Ltd.
- Mitsubishi Electric Corporation
- Cree, Inc.
- Eaton Corporation PLC.
- Lumenpulse Inc.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Solid State Lighting Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Solid State Lighting Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact info:

Contact Us: Call: +1-646-491-9876
Email:sales@theinsightpartners.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 Outlook to 2025 with Key Players - Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V., Seoul Semiconductor, Applied Materials, Cambridge Display Technology, Mitsubishi Electric Corporat here

News-ID: 1385842 • Views: 251

More Releases from The Insight Partners

Automotive Logistics Market Comprehensive Evaluation of the Market via in-Depth …
According to a new market study entitled “Automotive Logistics Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors
Leisure Boats Market Comprehensive Evaluation of the Market via in-Depth Qualita …
According to a new market study entitled “Leisure Boats Market to 2027 – Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, “explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report factors
Clinical Decision Support System Market Recent trends, Global Status, Analysis b …
The support system also enables detection and helps in diagnosis of a prevailing diseases depending on the history of the patient. It is a part of clinical knowledge management technologies that supports the clinical process and use of knowledge, from diagnosis and investigation through treatment and long-term care. The CDSS application are commonly used to enhance healthcare provided to patients and help doctors or other medical professionals make decisions. The “The
Polymer Foam Market Future Scenario, Growth rate, Market Segmentation, and Indus …
The report aims to provide an overview of the Polymer Foam Market with detailed market segmentation by type, end user industry, and geography. The global polymer foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer foam market players and offers key trends and opportunities in the market. The report also includes the profiles of key

All 5 Releases


More Releases for SSL

The SSL Store is Now Offering a Trio of New Wildcard SSL/TLS Certificates
The world’s biggest SSL/TLS reseller’s product portfolio has increased to include three new premium wildcard options St. Petersburg, FL – March 22, 2016 – The SSL Store™, the world’s largest SSL/TLS reseller, is excited to announce three new Wildcard SSL offerings along with the Comodo Personal Authentication Certificate (CPAC), which are now available to its valued resellers or for purchase directly. Given the popularity of Wildcard SSL certificates in the SSL/TLS
Danish SSL Provider Chooses GlobalSign's Partner Program
GlobalSign (globalsign.com), one of the longest established European Certification Authorities (CA) and specialists in SSL Partner Programs, today announced that FairSSL (FairSSL.dk), a dedicated Danish SSL provider has joined the GlobalSign Partner Program, enabling them to provide GlobalSign’s full SSL Certificate product portfolio to their existing customer base. The partnership will allow FairSSL’s customers to secure their websites, online transactions, web mail and other next generation online services using highly
Comodo Launches Free Upgrade to EV SSL Certificate with Purchase of Any SSL
JERSEY CITY, NJ, February 1, 2011 - Comodo (comodo.com) has launched a free upgrade of its Comodo Extended Validation Secure Sockets Layer (EV SSL) Certificate, with the purchase of any SSL Certificate for a limited period. Website owners and operators can now have the advantage of a fully-functioning Comodo EV SSL certificate on their websites for the price of any SSL, a substantial price savings during a limited time offer. "After just
Professional SSL certificate management with SSL Manager 2.0 from InterNetX
(REGENSBURG, January 26, 2011) – The Internet Service Provider InterNetX has released innovative software for efficient SSL certificate management with their launch of the new SSL Manager 2.0. The SSL management software now enables users to order certificates and renew validity periods directly via the web interface. SSL Manager 2.0 is designed to simplify handling and ordering processes for SSL certificates. The progressive software includes a broad range of functions, e.g.
HostGee Chooses GlobalSign''s SSL Partner Program
Leading web hosting company, HostGee.Com chooses GlobalSign to offer customers reliable security and cost effective SSL Certificates. GlobalSign, one of the longest established Certification Authorities (CA) and specialists in SSL Partner Programs, today announced a new partnership with HostGee, a leading provider of premium web hosting products and data center infrastructure. The newly formed partnership will allow customers to purchase SSL Certificates in conjunction with their current web hosting solutions,
Italian Vulcanology Institute Selects Comodo SSL
Experts at the Italian National Institute of Geophysics and Vulcanology (INGV) faced controversy when they decided to relocate the July, 2009, G8 Summit to l'Aquila, Italy. Deciding on an SSL certificate to protect their website was much easier. L'Aquila had been battered by a 5.6 Richter earthquake three months beforehand. The temblor had demolished buildings and ruined antiques. Upon the recommendation of the INGV, the summit moved to the battered city. Another