Global Solid-state and Other Energy-efficient Lighting Market Growth 2023-2029

Global Solid-state and Other Energy-efficient Lighting Market Growth 2023-2029

The solid-state and other energy-efficient lighting forms are used To resolve the problem of expanding crisis of energy and its increasing consumption, that results in the depletion of the fossil fuels and increase the pollution.Solid-state lighting 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.

LPI (LP Information)' newest research report, the “Solid-state and Other Energy-efficient Lighting Industry Forecast” looks at past sales and reviews total world Solid-state and Other Energy-efficient Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected Solid-state and Other Energy-efficient Lighting sales for 2023 through 2029. With Solid-state and Other Energy-efficient 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 and Other Energy-efficient Lighting industry.

This Insight Report provides a comprehensive analysis of the global Solid-state and Other Energy-efficient 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 and Other Energy-efficient 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 and Other Energy-efficient Lighting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid-state and Other Energy-efficient 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 and Other Energy-efficient Lighting.

The global Solid-state and Other Energy-efficient Lighting market size is projected to grow from US$ 149540 million in 2022 to US$ 206530 million in 2029; it is expected to grow at a CAGR of 206530 from 2023 to 2029.

United States market for Solid-state and Other Energy-efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Solid-state and Other Energy-efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Solid-state and Other Energy-efficient Lighting is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Solid-state and Other Energy-efficient Lighting players cover Phillips Lighting Holding, OSRAM Licht, ABB(Cooper Industries), Dialight, Samsung, General Electric, Cree, Virtual Extension and Zumtobel Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Solid-State Lighting
Hid Lighting
Plasma and Induction Lighting
Fluorescent Lighting
Others

Segmentation by application
Industrial Lighting
Commercial Lighting
Residential Lighting
Automotive Lighting
Others

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.
Phillips Lighting Holding
OSRAM Licht
ABB(Cooper Industries)
Dialight
Samsung
General Electric
Cree
Virtual Extension
Zumtobel Group
Sharp

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solid-state and Other Energy-efficient Lighting market?

What factors are driving Solid-state and Other Energy-efficient Lighting market growth, globally and by region?

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

How do Solid-state and Other Energy-efficient Lighting market opportunities vary by end market size?

How does Solid-state and Other Energy-efficient 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.