Global Solid-State Plasma Lighting Market Growth 2023-2029

Global Solid-State Plasma Lighting Market Growth 2023-2029

Europe is expected to hold the largest share of the plasma lighting market in 2019. It is among technologically advanced regions of the world. Several European countries are taking initiatives to increase the adoption of energy-efficient, low maintenance, and reliable lighting solutions. Plasma lights have been used in Europe for the past few decades to grow plants in commercial greenhouses. The use of plasma lights to grow plants in this region is gradually increasing from being a supplemental lighting source to becoming the primary source of light in indoor farming.

LPI (LP Information)' newest research report, the “Solid-State Plasma Lighting Industry Forecast” looks at past sales and reviews total world Solid-State Plasma Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Solid-State Plasma Lighting sales for 2023 through 2029. With Solid-State Plasma Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid-State Plasma Lighting industry.

This Insight Report provides a comprehensive analysis of the global Solid-State Plasma Lighting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solid-State Plasma Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solid-State Plasma Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid-State Plasma Lighting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solid-State Plasma Lighting.

The global Solid-State Plasma Lighting market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The solid-state and other energy-efficient lighting market is expected to be valued at USD 174.45 Billion by 2022, growing at a CAGR of 5.38% between 2016 and 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Solid-State Plasma Lighting market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
300W
700W
1,000W

Segmentation by application
General Lighting
Backlighting
Automotive Lighting
Medical Lighting
Others (Projector and Emergency Lighting)

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LUMA Group (US)
Ceravision (UK)
Hive Lighting (US)
Ka Shui Group (China)
Green de Corp. (China)
Gavita (Netherlands)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solid-State Plasma Lighting market?

What factors are driving Solid-State Plasma Lighting market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solid-State Plasma Lighting market opportunities vary by end market size?

How does Solid-State Plasma Lighting break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.