Global SSL and Fluorescent Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global SSL and Fluorescent Lighting market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
Solid-State Lighting (SSL) products such as LED, OLED, and CFL consumes very less energy and makes less dissipation of heat compared to traditional lighting systems such as incandescent offering increased illumination for a range of lighting applications. SSL are suitable for low-space applications such as automotive lighting.
The increasing demand for environmentally-friendly lighting technologies coupled with low energy consumption are key factors that drive the growth of the global SSL and other energy-efficient lighting systems market. The adoption of lighting products with long shelf-life along with robust design of these for better efficiency are the other factors that will boost the growth of the market. Furthermore, various government initiatives promoting the use of SSL technologies over conventional lighting are the factors that will foster the solid-state lighting and fluorescent lighting market. SSL technologies that can be used for limited or small spaces are other factors that will fuel the growth of the market. The high initial cost of equipment giving SSL & FL technologies along with lack of efficiency in heat sensitive applications are the factors that will hamper the growth of the market. Lighting applications in commercial and residential buildings will offer ample growth opportunities to the solid-state lighting and fluorescent lighting market. Continual R&D activities in the domain of optoelectronics and high brightness LEDs which can emit white light giving natural feel are the factors that will offer more market opportunities for SSL, particularly in general automotive lighting segment.
The Global Info Research report includes an overview of the development of the SSL and Fluorescent Lighting industry chain, the market status of General Lighting (Solid-State Lighting, Fluorescent Lighting), Backlighting (Solid-State Lighting, Fluorescent Lighting), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of SSL and Fluorescent Lighting.
Regionally, the report analyzes the SSL and Fluorescent Lighting 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 and Fluorescent Lighting market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the SSL and Fluorescent Lighting 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 and Fluorescent Lighting 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., Solid-State Lighting, Fluorescent Lighting).
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 and Fluorescent Lighting market.
Regional Analysis: The report involves examining the SSL and Fluorescent Lighting 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 and Fluorescent Lighting 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 and Fluorescent Lighting:
Company Analysis: Report covers individual SSL and Fluorescent Lighting 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 and Fluorescent Lighting This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (General Lighting, Backlighting).
Technology Analysis: Report covers specific technologies relevant to SSL and Fluorescent Lighting. It assesses the current state, advancements, and potential future developments in SSL and Fluorescent Lighting areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the SSL and Fluorescent Lighting 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 and Fluorescent Lighting 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
Solid-State Lighting
Fluorescent Lighting
Market segment by Application
General Lighting
Backlighting
Automotive Lighting
Medical Lighting
Others
Major players covered
GE Lighting
OSRAM
Panasonic
Schnieder Electric
Acuity Brands
Bridgelux
Cree
Dialight
Eaton
Emerson Electric
Everlight Electronics
Toshiba
Toyoda Gosei
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 and Fluorescent Lighting product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SSL and Fluorescent Lighting, with price, sales, revenue and global market share of SSL and Fluorescent Lighting from 2019 to 2024.
Chapter 3, the SSL and Fluorescent Lighting competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SSL and Fluorescent Lighting 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 and Fluorescent Lighting 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 and Fluorescent Lighting.
Chapter 14 and 15, to describe SSL and Fluorescent Lighting sales channel, distributors, customers, research findings and conclusion.