2017 Forecast – Solid-State Lighting and Fluorescent Lighting Global Market, Industry Size, Share, Analysis and Opportunities to 2023
Latest industry research report on Solid-State Lighting and Fluorescent Lighting Market. 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 is 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.
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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.
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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 report segments the solid-state lighting and fluorescent lighting market on the basis of applications, technology, and type of installation, industry verticals and geography.
Solid-State Lighting and Fluorescent Lighting Market By Technology
- Solid-State Lighting
- LED
- OLED
- Fluorescent Lighting
- LFL
- CFL
- Plug-In CFL
- Integral CFL
- Adapter CFL
- Screw-Based
- Pin-Mounted
- CCFL
Solid-State Lighting and Fluorescent Lighting Market By Type of Installation
- New Installation
- Retrofit
Solid-State Lighting and Fluorescent Lighting Market By Application
- General Lighting
- Backlighting
- Automotive Lighting
- Medical Lighting
- Others
Solid-State Lighting and Fluorescent Lighting Market By Industry Vertical
- Residential
- Commercial
- Educational
- Consumer Electronics
- Industrial
- Medical
- Transportation
Solid-State Lighting and Fluorescent Lighting Market-By Geography
- NORTH AMERICA
- EUROPE
- APAC
- ROW
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