Global Solid-State and Other Energy-Efficient Lighting Industry

Global Solid-State and Other Energy-Efficient Lighting Industry

  • October 2019 •
  • 187 pages •
  • Report ID: 5799694 •
  • Format: PDF
Solid-State and Other Energy-Efficient Lighting market worldwide is projected to grow by US$62.5 Billion, driven by a compounded growth of 5.5%. Solid-State, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$119 Billion by the year 2025, Solid-State will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$3.1 Billion to the region’s size and clout in the next 5 to 6 years. Over US$2.9 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Solid-State will reach a market size of US$9.3 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.2% over the next couple of years and add approximately US$10.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Acuity Brands Lighting Inc.; Advanced Lighting Technologies, Inc. (ADLT); Aixtron SE; Bridgelux, Inc; Bright Light Systems Inc.; Cree, Inc.; Energy Focus, Inc.; General Electric Company; Intematix Corporation; LED Engin, Inc.; Nichia Corporation; Osram Licht AG; Royal Philips Electronics N.V.; Seoul Semiconductor Co., Ltd.; TCP International Holdings Ltd.; Toyoda Gosei Co., Ltd.