Global SSL Devices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global SSL Devices market size was valued at USD 63310 million in 2023 and is forecast to a readjusted size of USD 79210 million by 2030 with a CAGR of 3.3% during review period.
Solid-state lighting (SSL) refers to a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas.
Solid state lighting system application has replaced the conventional incandescent and fluorescent lamps for general lighting purposes. Solid state lighting has the potential to revolutionize the lighting market with the introduction of energy-efficient light sources Conventional incandescent bulbs are expected to attain obsolescence with the arrival of high brightness LEDs. Solid state lighting technology demand is anticipated to increase at a fast pace with continuous improvements in light quality, efficacy, and operating life.
The Global Info Research report includes an overview of the development of the SSL Devices industry chain, the market status of Residential Sector (White Type, Fluorescent Light Type), Commercial Sector (White Type, Fluorescent Light Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of SSL Devices.
Regionally, the report analyzes the SSL Devices markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global SSL Devices market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the SSL Devices market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the SSL Devices industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., White Type, Fluorescent Light Type).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the SSL Devices market.
Regional Analysis: The report involves examining the SSL Devices market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the SSL Devices market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to SSL Devices:
Company Analysis: Report covers individual SSL Devices manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards SSL Devices This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential Sector, Commercial Sector).
Technology Analysis: Report covers specific technologies relevant to SSL Devices. It assesses the current state, advancements, and potential future developments in SSL Devices areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the SSL Devices market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
SSL Devices market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
White Type
Fluorescent Light Type
Other
Market segment by Application
Residential Sector
Commercial Sector
Industrial Sector
Major players covered
Osram
Philips
GE Electric
Acuity Brands Lighting
Cree
Sharp Corporation
Panasonic
Schneider Electric
Stanley Electric
Sanken Electric
Sumitomo
Universal Display
Siemens
Showa Denko
Brother Industries
Seoul Semiconductor
Toshiba
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SSL Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SSL Devices, with price, sales, revenue and global market share of SSL Devices from 2019 to 2024.
Chapter 3, the SSL Devices competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SSL Devices breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and SSL Devices market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SSL Devices.
Chapter 14 and 15, to describe SSL Devices sales channel, distributors, customers, research findings and conclusion.