openPR Logo
Press release

Solid State Lighting Market: Emerging Market Trends, Size, Share and Growth Analysis

02-08-2018 01:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Solid State Lighting Market: Emerging Market Trends, Size,

Solid State Lighting Market: Introduction

Technological changes have led to a scenario where high heat generating and energy consuming illumination sources such as electrical filaments, plasma, gas etc. are replaced by less heat generating and energy consuming illumination sources such as light-emitting diodes (LEDs), organic light-emitting diodes (OLEDs), polymer light-emitting diodes (PLEDs) etc. Henceforth, lighting generation by making use of filament, gas etc. as a source have also witnessed a transition to LEDs, OLEDs etc. sources.

Request to Sample of Report- https://www.persistencemarketresearch.com/samples/20353

Solid state lighting is a process of generating light by making use of semiconductor LEDs, OLEDs etc. as a source of illumination. Greater resistance to shocks & vibrations, enhanced quality light output, smaller & flexible lighting fixtures and longer life span of the product are some of the added advantages of solid state lighting over conventional brittle glass tubes/bulbs etc.Solid State Lightings are widely adopted and used in traffic lights, train marker lights, remote controls, building exteriors, parking lot lights, vehicle lights etc. Initiations from government are also witnessed for the adoption of solid state lighting.

Solid State Lighting Market: Drivers and Challenges

A high adoption of LED, OLED, and PLED technology in replacement of filaments, gas etc. is expected to drive the overall growth of solid state lighting. The rate of replacement of light emission using filaments, gas etc, sources with LEDs, OLED, PLEDs etc., furthermore, justifies the growth of solid state lighting market. Global expansion of semiconductor industry simultaneously boosts the demand of solid state lighting, acting as a primary driver for the global solid state lighting market. Additionally, increasing applications of solid state lighting in various industries is driving the growth of Solid State Lighting market.

The primary factor hampering the growth of solid state lighting is its high costs. Additionally, the inefficiency of solid state lighting in heat sensitive applications also acts a restraint for solid state lighting market.

Request Report for TOC @ https://www.persistencemarketresearch.com/toc/20353

Solid State Lighting Market: Key Players

Some of the key players of Solid State Lighting market are OSRAM GmbH, Philips Lighting Holding B.V., NICHIA CORPORATION, Semiconductor Co., Ltd., General Electric Company, Intematix Corporation, BRIGHT LIGHT SYSTEMS, INC., AIXTRON SE, Applied Materials, Inc. and Bridgelux, Inc.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web:https://www.persistencemarketresearch.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: Emerging Market Trends, Size, Share and Growth Analysis here

News-ID: 937092 • Views:

More Releases from Persistence Market Research

Packaging Films Market to Reach US$ 165.5 Bn by 2032, Driven by Rising Demand for Flexible & Sustainable Packaging
Packaging Films Market to Reach US$ 165.5 Bn by 2032, Driven by Rising Demand fo …
The global packaging industry is undergoing a rapid transformation, largely influenced by evolving consumer preferences, sustainability mandates, and technological advancements. Among the many components of this dynamic industry, packaging films are gaining remarkable traction. According to the latest study by Persistence Market Research, the global packaging films market is projected to be valued at US$ 120.0 Bn in 2025, and is set to reach US$ 165.5 Bn by 2032, expanding
Data Monetization Solutions for Lifescience Companies Market Anticipated to Hit USD 959.4 Million by 2030
Data Monetization Solutions for Lifescience Companies Market Anticipated to Hit …
The global Data Monetization Solutions for Lifescience Companies market is poised for significant growth, driven by the increasing adoption of data-driven strategies in the pharmaceutical, biotechnology, and healthcare sectors. Forecasted to expand at a CAGR of 15.8%, the market is expected to grow from US$ 343.6 million in 2023 to US$ 959.4 million by 2030. The surge in digital transformation initiatives, coupled with the rising volume of healthcare data, is
Bra Market to Reach US$48.6 Bn by 2032 | Rising Comfort & Fashion Trends Drive Growth
Bra Market to Reach US$48.6 Bn by 2032 | Rising Comfort & Fashion Trends Drive G …
The global bra market is entering a substantial phase of expansion, with its size projected to grow from USD 26.4 billion in 2025 to USD 48.6 billion by 2032, registering a robust compound annual growth rate (CAGR) of 9.1% during the forecast period from 2025 to 2032. This growth trajectory reflects the rising demand for comfortable, functional, and stylish undergarments driven by evolving consumer lifestyles, increasing awareness of body positivity,
Power MOSFET Market Projected to Reach USD 11.1 Billion by 2030
Power MOSFET Market Projected to Reach USD 11.1 Billion by 2030
The global Power MOSFET market is poised for significant growth, expanding at a CAGR of 6.3% between 2023 and 2030. Valued at US$7.2 billion in 2023, the market is projected to reach US$11.1 billion by 2030. Power MOSFETs, or Metal-Oxide-Semiconductor Field-Effect Transistors, are essential components in modern power electronics, providing efficient switching, amplification, and control of electrical signals. As industries worldwide increasingly emphasize energy efficiency and advanced electronics, Power MOSFETs

All 5 Releases


More Releases for LED

HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets. Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside. There are many reasons that
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver