Solid State Lighting Market Expected to Grow at Market Size of USD 23 Billion by 2022

The global market for Solid State Lighting Market is expected to grow over the CAGR of around 8% during the period 2016 to 2022 and expected to grow at market size of USD 23 billion in 2022.

Market Highlights
The global Solid State Lighting market has been evaluated as growing market and expected that the market will touch high growth figures in upcoming years. The number of benefits such as long durable life, high energy efficiency, and smaller flexible size of solid state device is increasing its usage in various applications such as commercial or industrial events, outdoor lighting, residential lamps and street lights among others. Industries such as Philips, Samsung electronics, Eaton Corporation, and Osram Licht AG among various other industries are developing the Solid State Lighting Market.

Key Players
• Royal Philips Electronics N.V. (Netherlands)
• Panasonic Corporation (Japan)
• Samsung electronics Co. Ltd. (South Korea)
• Acuity brands lighting, Inc. (U.S.)
• Cree, Inc. (U.S.)
• Eaton Corporation PLC (Ireland)
• General electric (U.S.)
• Energy Focus, Inc. (U.S.)
• Intematix Corporation (U.S.)
• Osram Licht AG (Germany)

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

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 (2016 & 2022) (%)
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 (2016 & 2022) (%)
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 (2016 & 2022) (%)
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 (2016 & 2022) (%)
Figure 15 Row Solid State Lighting Market, By Technology (USD Billion)
Figure 16 Row Solid State Lighting Market Share by Country (2016 & 2022) (%)
Continue…………

Solid State Lighting Market:
The Solid State Lighting can be segmented by technology and by applications. By technology LEDs and OLEDs are used to produce technically advanced Solid State Lighting products. Various application sectors such as Residential, commercial, outdoor lighting, transportation, and consumer electronics among others are showing fruitful opportunities for the solid state lighting market.

Market Research Analysis:
The growing demand for energy efficient and low power consumed lighting devices is increasing opportunity for solid state lighting manufacturers. The fluorescent lamps which are used at present creates light with filaments and gases encased in a glass bulb which consumes high power to generate electricity. Whereas solid state lighting convert electricity into light with the support of semiconductor included in the bulb. Also emerging smart technology such as smart city is creating high opportunity for the adoption of solid state lighting products.
The growing consumer electronics market and transportation market is also fuelling the market growth of Solid State Lighting devices. However, high cost of components and flicker and dimming performance is the current challenges which are hampering the market growth.

Target Audience:
• OEM
• Consumer electronics vendors
• Transportation LED vendors
• Research & consultants
• Distributors and resellers
• Government

Browse Report @ https://www.marketresearchfuture.com/reports/solid-state-lighting-market

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 Markets, 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
Continue………..

Related Report
Global Energy Measurement ICs Information, Functions (Active Energy, Apparent Energy, Reactive Energy), By Type (Single Channel, Multi-Channel), By Application (Smart Plugs, Industrial, Smart appliances, Smart Homes, Smart Cities) - Forecast 2016-2022 https://www.marketresearchfuture.com/reports/energy-measurement-ics-market

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.

Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

This release was published on openPR.