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Solid State Lighting (SSL) Market to 2025 - Global Analysis and Forecasts by Technology, Applications, Installation Type and End-user Industry Vertical

Publication Month: Jul 2018 | No. of Pages: 150 | Report Code: TIPTE100000127 | Category: Electronics and Semiconductor | Status: Upcoming
       
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  • The term solid state lighting refers to the light emitted by solid-state electroluminescence or fluorescent tubes. Solid state lighting (SSL) uses polymer light-emitting diodes, semiconductor light-emitting diodes, and organic light-emitting diodes as a source of radiance.

    Compared to the conventional lighting technologies such as incandescent lamps, the solid state lighting products provide higher output with lesser amount of energy. Incandescent lamps failed in optimum conversion of electrical energy into light, and SSL overcomes this issue. Additionally, high durability (5 to 8 years) of SSL products is another advantageous feature which is expected to boost the adoption of SSL products during the forecast period. Furthermore, lower maintenance costs, reduced size, versatility, and high energy efficiency of SSL products when compared to other conventional products, is expected to propel the global solid state lighting market during the forecast period. The solid state lighting product are designed to reduce the biological impacts, thereby prompting their use across the globe. Also, improved optical distribution of light in SSL products, significantly reduces the light wastage/scattering, and therefore produces better illumination.

    Reduction in amount of manufacturing material (such as aluminum) for SSL products lowers the manufacturing cost and time, thereby serving as a key opportunity area for the SSL vendors globally. Furthermore, the expected implementation of SSL, owing to enhanced color stability and lumen proficiency, within several lighting applications including automotive lighting, general lighting, and medical lighting, is analyzed to promise significant growth within the global solid state lighting market. The high initial cost of SSL products hinders the global solid state lighting market. Additionally, poor efficiency of SSL products in heat sensitive applications further restricts the global solid state lighting market.

    The solid state lighting market has been segmented on the basis of technology into light-emitting diodes (LED) and organic light-emitting diodes (OLED). The SSL market has been further segmented based on applications, namely: general lighting, automotive lighting, electronic billboards, backlighting, and medical lighting. On the basis of installation type, the global solid state lighting market has been fragmented into new installation and retrofit. Additionally, the global solid state lighting market has been further segmented by end-user industry verticals into residential, education & research, healthcare, commercial, industrial, consumer electronics, and automotive & transportation.

    Asia Pacific (APAC) is observed as the largest pool for global solid state lightning market owing to availability of cheap labor and low manufacturing costs. In addition, North America leads the global solid state lighting market owing to a significant implementation of SSL technology in lightning products. In addition, governments of developed regions such as the North America and Europe, are planning to ban incandescent bulbs and increase adoption of energy-efficient and eco-friendly technologies for illumination, thereby further expected to bolster the global solid state lighting market In South America (SAM), Brazil is expected to be is largest contributor to global solid state lightning market due to rapid infrastructural development propelling employment of large amount of SSL products.

    Some of the key players operating within the global solid state lighting market include Osram Licht AG, Nichia Corporation, General Electric Company, Royal Philips Electronics N.V., Seoul Semiconductor Co. Ltd., Applied Materials, Inc., Cambridge Display Technology Ltd., Mitsubishi Electric Corporation, Cree, Inc., Eaton Corporation PLC., Lumenpulse Inc., Energy Focus, Inc., Samsung Electronics Co. Ltd., and Tridonic Gmbh & Co. KG among others.

    1 Table of Contents

    1.1 List of Tables
    1.2 List of Figures

    2 Introduction

    2.1 TIP Research Report Guidance

    3 Key Takeaways

    4 Solid State Lighting (SSL) Market Landscape

    4.1 Overview
    4.2 Definitions
    4.3 Value Chain Analysis

    5 Solid State Lighting (SSL) Market – Key Industry Dynamics

    5.1 Key Market Drivers
    5.2 Key Market Restraints
    5.3 Key Market Opportunities
    5.4 Future Trends

    6 Solid State Lighting (SSL) Market – Five Forces Analysis

    6.1 Overview
    6.2 Global Solid State Lighting (SSL) Market – Five Forces Analysis

    7 Global Solid State Lighting (SSL) Market Analysis

    7.1 Global Sales Revenue and Forecasts to 2025
    7.2 Global Solid State Lighting (SSL) Market, Competitive Landscape
    7.2.1 Market Share or Market Positioning of Key Players, 2014

    8 Global Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Technology

    8.1 Overview
    8.1.1 Segment Share (%), 2014 & 2025
    8.2 Light-Emitting Diodes (LED)
    8.3 Organic Light-Emitting Diodes (OLED)

    9 Global Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Installation Type

    9.1 Overview
    9.1.1 Segment Share (%), 2014 & 2025
    9.2 New Installation
    9.3 Retrofit

    10 Global Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Applications

    10.1 Overview
    10.1.1 Segment Share (%), 2014 & 2025
    10.2 General Lighting
    10.3 Electronic Billboards
    10.4 Automotive Lighting
    10.5 Backlighting
    10.6 Medical Lighting

    11 Global Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – End-user Industry Vertical

    11.1 Overview
    11.1.1 Segment Share (%), 2014 & 2025
    11.2 Residential
    11.3 Education & Research
    11.4 Healthcare
    11.5 Commercial
    11.6 Industrial
    11.7 Consumer Electronics
    11.8 Automotive & Transportation

    12 Global Solid State Lighting (SSL) Market Revenue and Forecasts to 2025 – Geographical Analysis

    12.1 Overview
    12.1.1 Segment Share (%), 2014 & 2025
    12.2 North America
    12.2.1 U.S.
    12.2.2 Canada
    12.2.3 Mexico
    12.3 Europe
    12.3.1 France
    12.3.2 Germany
    12.3.3 Italy
    12.3.4 Spain
    12.3.5 UK
    12.3.6 Rest of Europe
    12.4 Asia Pacific (APAC)
    12.4.1 Japan
    12.4.2 China
    12.4.3 India
    12.4.4 Australia
    12.4.5 Rest of APAC
    12.5 Middle East & Africa (MEA)
    12.5.1 Saudi Arabia
    12.5.2 UAE
    12.5.3 South Africa
    12.5.4 Rest of MEA
    12.6 South America (SAM)
    12.6.1 Brazil
    12.6.2 Rest of SAM

    13 Global Solid State Lighting (SSL) Market, Key Company Profiles

    13.1 Osram Licht AG
    13.1.1 Key Facts
    13.1.2 Business Description
    13.1.3 Financial Overview
    13.1.4 SWOT Analysis
    13.1.5 Key Developments
    13.2 Nichia Corporation
    13.2.1 Key Facts
    13.2.2 Business Description
    13.2.3 Financial Overview
    13.2.4 SWOT Analysis
    13.2.5 Key Developments
    13.3 General Electric Company
    13.3.1 Key Facts
    13.3.2 Business Description
    13.3.3 Financial Overview
    13.3.4 SWOT Analysis
    13.3.5 Key Developments
    13.4 Royal Philips Electronics N.V.
    13.4.1 Key Facts
    13.4.2 Business Description
    13.4.3 Financial Overview
    13.4.4 SWOT Analysis
    13.4.5 Key Developments
    13.5 Seoul Semiconductor Co. Ltd.
    13.5.1 Key Facts
    13.5.2 Business Description
    13.5.3 Financial Overview
    13.5.4 SWOT Analysis
    13.5.5 Key Developments
    13.6 Applied Materials, Inc.
    13.6.1 Key Facts
    13.6.2 Business Description
    13.6.3 Financial Overview
    13.6.4 SWOT Analysis
    13.6.5 Key Developments
    13.7 Cambridge Display Technology Ltd.
    13.7.1 Key Facts
    13.7.2 Business Description
    13.7.3 Financial Overview
    13.7.4 SWOT Analysis
    13.7.5 Key Developments
    13.8 Mitsubishi Electric Corporation
    13.8.1 Key Facts
    13.8.2 Business Description
    13.8.3 Financial Overview
    13.8.4 SWOT Analysis
    13.8.5 Key Developments
    13.9 Cree, Inc.
    13.9.1 Key Facts
    13.9.2 Business Description
    13.9.3 Financial Overview
    13.9.4 SWOT Analysis
    13.9.5 Key Developments
    13.10 Eaton Corporation PLC.
    13.10.1Key Facts
    13.10.2Business Description
    13.10.3Financial Overview
    13.10.4SWOT Analysis
    13.10.5Key Developments
    13.11 Lumenpulse Inc.
    13.11.1Key Facts
    13.11.2Business Description
    13.11.3Financial Overview
    13.11.4SWOT Analysis
    13.11.5Key Developments
    13.12 Energy Focus, Inc.
    13.12.1Key Facts
    13.12.2Business Description
    13.12.3Financial Overview
    13.12.4SWOT Analysis
    13.12.5Key Developments
    13.13 Samsung Electronics Co. Ltd.
    13.13.1Key Facts
    13.13.2Business Description
    13.13.3Financial Overview
    13.13.4SWOT Analysis
    13.13.5Key Developments
    13.14 Tridonic Gmbh & Co. KG
    13.14.1Key Facts
    13.14.2Business Description
    13.14.3Financial Overview
    13.14.4SWOT Analysis
    13.14.5Key Developments

    14 Appendix

    14.1 About TIP
    14.2 Glossary of Terms
    14.3 Methodology
    14.3.1 Coverage
    14.3.2 Secondary Research
    14.3.3 Primary Research
    14.4 Contact Us
    14.5 Disclaimer

    Companies Mentioned

    - Osram Licht AG
    - Nichia Corporation
    - General Electric Company
    - Royal Philips Electronics N.V.
    - Seoul Semiconductor Co. Ltd.
    - Applied Materials, Inc.
    - Cambridge Display Technology Ltd.
    - Mitsubishi Electric Corporation
    - Cree, Inc.
    - Eaton Corporation PLC.
    - Lumenpulse Inc.
    - Energy Focus, Inc.
    - Samsung Electronics Co. Ltd.
    - Tridonic Gmbh & Co. KG