HOME Top Market Reports Solid-State Lighting & Fluorescent Lighting Market by Technology (LED, OLED, CFL), Type of Installation (New, Retrofit), Application (General Lighting, Backlighting, Automotive Lighting, Medical Lighting), Vertical, & Geography - Forecast to 2020

Solid-State Lighting & Fluorescent Lighting Market by Technology (LED, OLED, CFL), Type of Installation (New, Retrofit), Application (General Lighting, Backlighting, Automotive Lighting, Medical Lighting), Vertical, & Geography - Forecast to 2020

By: marketsandmarkets.com
Publishing Date: May 2015
Report Code: SE 3407

 

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The global SSL & Fluorescent Lighting Market is witnessing a change; people are switching from traditional lighting technologies to energy-efficient ones such as SSL. The Solid-State Lighting Market for traditional lighting technologies comprising incandescent bulbs, halogens, and Fluorescent Lighting Market is declining due to the consumer awareness about their drawbacks as well as benefits of solid-state lighting technologies such as LED and OLED. At present, the SSL technology is being preferred for new installations in domestic and commercial establishments, whereas the retrofit segment is expected to gradually take-off in the coming years with rising consumer awareness and falling product costs.

Earlier, incandescent lamps were popular for lighting applications. These lamps converted only 10% of the electrical energy into light while the rest 90% was wasted in the form of heat. Solid State Lighting Market products such as LED consume less energy and provide more light output compared to traditional lighting. They can last for 8 to 10 years if operated for 12 to 14 hours a day. Also, the maintenance cost for LED is very low compared to other conventional products. SSL is suitable for low space applications such as automotive lighting. All these factors have led to the increased adoption of the SSL technology in recent times.

This research study segments the lighting market on the basis of different types of technology, type of installation, application, industry vertical, and geography. It also provides market size forecast, and analyses of trends in the market. The geographic analysis contains an in-depth classification of markets in North America, Europe, APAC and Rest of the World and highlights some of the major countries/regions from all these regions. Sections and sub-segments in the report contain drivers, restraints, opportunities, current market trends, and technologies expected to revolutionize the lighting domain. The report also provides comprehensive profiles of various companies, active in these markets. Moreover, it includes a competitive landscape of key players in the Solid-State Lighting Market with a detailed market ranking analysis, mergers and acquisitions, collaborations, partnerships, new product developments, and key growth strategies of each player.

Scope of the report:

This report categorizes the global SSL & Fluorescent Lighting Market on the basis of technology, type of installation, application, industry vertical, and geography. It also covers some of the emerging technologies and trends in this market.

Market on the basis of technology:

On the basis of technology, the market is segmented into Solid-State Lighting Market and Fluorescent Lighting Market.

Market based on type of installation:

The market, based on type of installation, is segmented into new installation and retrofit.

Market on the basis of application:

The market is broadly segmented into general lighting, backlighting, automotive lighting, media lighting, and others.

Market on the basis of industry vertical:

The market based on industry vertical includes residential, commercial, educational, consumer electronics, industrial, medical, and transportation.

Market based on geography:

The geographic analysis covers North America, Europe, Asia-Pacific, and Rest of the World (RoW). The cross segmentation data included in the report gives a deep insight about the regional markets.

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Solid-State Lighting Market Definition
    1.3 Solid-State Lighting Market Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency and Pricing
    1.5 Limitation
    1.6 Solid-State Lighting Market Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Solid-State Lighting Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Solid-State Lighting Market Breakdown & Data Triangulation
    2.4 Research Assumptions
           2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Growth Opportunities in the Global SSL Technology Makret
    4.2 Solid-State Lighting Market, By Application
    4.3 Lighting Market in the Asia-Pacific Region, 2014
    4.4 the Middle East is the Fastest Growing Market for the Lighting Technology
    4.5 Solid-State Lighting Market, By Technology
    4.6 Solid-State Lighting Market, By Application

5 Market Overview
    5.1 Introduction
           5.1.1 Evolution
    5.2 Solid-State Lighting Market Segmentation
    5.3 Complementary Markets for Solid-State Lighting
           5.3.1 Non-Ecofriendly Lighting Technologies
           5.3.2 Incandescent Lamps
                    5.3.2.1 Advantages of Incandescent Lamps
           5.3.3 Halogen Lamps
                    5.3.3.1 Advantages of Halogen Lamps
                    5.3.3.2 Disadvantages of Halogen Lamps
           5.3.4 Linear Fluorescent Light (LFL)
                    5.3.4.1 Advantages of LFL
                    5.3.4.2 Disadvantages of LFL
           5.3.5 Eco Friendly Lighting Technologies
                    5.3.5.1 Compact Fluorescent Lamp Technology (CFL)
                               5.3.5.1.1 Advantages of CFL
                    5.3.5.2 Types of CFL
    5.4 Eco Friendly High Intensity Discharge (HID)
           5.4.1 Types of HID
    5.5 Solid-State Lighting Market Dynamics
           5.5.1 Drivers
                    5.5.1.1 Long Life and Low Energy Consumption
                    5.5.1.2 Efficient and Robust Design for Better Productivity
                    5.5.1.3 Governments’ Initiatives for the Adoption of the SSL Technology
                    5.5.1.4 Useful in Limited Or Small Spaces
                    5.5.1.5 Provide A Sense of Natural Light
           5.5.2 Restraints
                    5.5.2.1 High Cost
                    5.5.2.2 Less Efficient for Heat Sensitive Applications
           5.5.3 Opportunities
                    5.5.3.1 Commercial and Residential Lighting
           5.5.4 Burning Issue
                    5.5.4.1 Initial Cost of SSL Products
           5.5.5 Winning Imperative
                    5.5.5.1 Safe and Environmentally-Friendly Lighting Solution

6 Industry Trends
    6.1 Value Chain Analysis
    6.2 Porter’s Five Forces Analysis
           6.2.1 Threat of New Entrants
           6.2.2 Threat of Substitutes
           6.2.3 Barganing Power of Suppliers
           6.2.4 Barganing Power of Buyers
           6.2.5 Intensity of Rivalry
    6.3 Trends in the Lighting Market
    6.4 Recent Developments in Government Policies on SSL in Different Countries
           6.4.1 the U.S.
                    6.4.1.1 Incentives
                               6.4.1.1.1 Standard Accreditation Agency
                                            6.4.1.1.1.1 Ansi Standards Include
                    6.4.1.2 Professional Associations
                               6.4.1.2.1 Iesna Standards Include;
                    6.4.1.3 Standard Developing Organization
                               6.4.1.3.1 UL Standards
                    6.4.1.4 Government Agencies
           6.4.2 European Union
                    6.4.2.1 Incentives
           6.4.3 China
                    6.4.3.1 Incentives
                    6.4.3.2 China SSL Alliances (CSA) Standards
           6.4.4 Japan
                    6.4.4.1 Incentives
           6.4.5 South Korea
                    6.4.5.1 Incentives
           6.4.6 India
                    6.4.6.1 Incentives
           6.4.7 Global Solid-State Lighting Market, Standards

7 Market Analysis, By Technology
    7.1 Introduction
    7.2 Solid-State Lighting
           7.2.1 Led
           7.2.2 Oled
    7.3 Fluorescent Lighting
           7.3.1 LFL
           7.3.2 CFL
                    7.3.2.1 CFL Types
                               7.3.2.1.1 Plug-In CFL
                               7.3.2.1.2 Integral CFL
                               7.3.2.1.3 Adapter CFL
                               7.3.2.1.4 Screw-Based
                               7.3.2.1.5 Pin-Mounted
           7.3.3 CCFL

8 SSL and FL Lighting Makret, By Installation Type
    8.1 Introduction
           8.1.1 New Installation
           8.1.2 Retrofit

9 Solid-State Lighting Makret, By Application
    9.1 Introduction
           9.1.1 General Lighting
           9.1.2 Backlighting
           9.1.3 Automotive Lighting
           9.1.4 Medical Lighting
           9.1.5 Others

10 Solid-State Lighting Market, By Industry Vertical
     10.1 Introduction
             10.1.1 Residential
             10.1.2 Commerical
             10.1.3 Educational
             10.1.4 Consumer Electronics
             10.1.5 Industrial
             10.1.6 Medical
             10.1.7 Transportation

11 Geographic Analysis
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 APAC
     11.5 RoW

12 Competitive Landscape
     12.1 Overview
     12.2 Solid-State Lighting Market Ranking Analysis
             12.2.1 Solid-State Lighting Market Ranking, SSL Technology, 2014
             12.2.2 Solid-State Lighting Market Ranking, Fluorescent Lighting Market by Technology, 2014
             12.2.3 New Product Launches
             12.2.4 Agreements, Partnerships, Collaborations, and Joint Ventures
             12.2.5 Expansions
             12.2.6 Other Developments

13 Company Profiles
     13.1 Introduction
     13.2 Acuity Brands Lighting, Inc.
             13.2.1 Business Overview
             13.2.2 Product Portfolio
             13.2.3 Recent Developments
             13.2.4 MnM View
                        13.2.4.1 Key Strategies
                        13.2.4.2 SWOT Analysis
     13.3 Advanced Lighting Technologies, Inc.
             13.3.1 Business Overview
             13.3.2 Product Portfolio
             13.3.3 Recent Developments
     13.4 Aixtron SE
             13.4.1 Business Overview
             13.4.2 Product Portfolio
             13.4.3 Recent Developments
     13.5 Applied Materials, Inc.
             13.5.1 Business Overview
             13.5.2 Product Portfolio
             13.5.3 Recent Developments
     13.6 Applied Science and Technology Research Institute
             13.6.1 Business Overview
             13.6.2 Product Portfolio
             13.6.3 Recent Developments
     13.7 Bridgelux, Inc
             13.7.1 Business Overview
             13.7.2 Product Portfolio
             13.7.3 Recent Developments
     13.8 Cambridge Display Technology Ltd.
             13.8.1 Business Overview
             13.8.2 Product Portfolio
             13.8.3 Recent Developments
     13.9 Citizen Electronics Co., Ltd.
             13.9.1 Business Overview
             13.9.2 Product Portfolio
             13.9.3 Recent Developments
     13.10 Cree, Inc.
             13.10.1 Business Overview
             13.10.2 Product Portfolio
             13.10.3 Recent Developments
     13.11 Eaton Corporation PLC.
             13.11.1 Business Overview
             13.11.2 Product Portfolio
             13.11.3 Recent Developments
             13.11.4 MnM View
                        13.11.4.1 Key Strategies
                        13.11.4.2 SWOT Analysis
     13.12 Energy Focus, Inc.
             13.12.1 Business Overview
             13.12.2 Product Portfolio
             13.12.3 Recent Developments
     13.13 Everlight Electronics Co. Ltd.
             13.13.1 Business Overview
             13.13.2 Product Portfolio
             13.13.3 Recent Developments
     13.14 Fairchild Semiconductor International
             13.14.1 Business Overview
             13.14.2 Product Portfolio
             13.14.3 Recent Developments
     13.15 General Electric Company
             13.15.1 Business Overview
             13.15.2 Product Portfolio
             13.15.3 Recent Developments
             13.15.4 MnM View
                        13.15.4.1 Key Strategies
                        13.15.4.2 SWOT Analysis
     13.16 Intematix Corporation
             13.16.1 Business Overview
             13.16.2 Product Portfolio
             13.16.3 Recent Developments
     13.17 Led Engin, Inc
             13.17.1 Business Overview
             13.17.2 Product Portfolio
             13.17.3 Recent Developments
     13.18 LG Innotek Co. Ltd.
             13.18.1 Business Overview
             13.18.2 Product Portfolio
             13.18.3 Recent Development
     13.19 Lumenpulse Inc.
             13.19.1 Business Overview
             13.19.2 Product Portfolio
             13.19.3 Recent Development
     13.20 Lustrous Technology, Ltd
             13.20.1 Business Overview
             13.20.2 Product Portfolio
             13.20.3 Recent Developments
     13.21 Mitsubishi Electric Corporation
             13.21.1 Business Overview
             13.21.2 Product Portfolio
             13.21.3 Recent Developments
     13.22 Nichia Corporation
             13.22.1 Business Overview
             13.22.2 Product Portfolio
             13.22.3 Recent Developments
             13.22.4 MnM View
                        13.22.4.1 Key Strategies
                        13.22.4.2 SWOT Analysis
     13.23 Osram Licht AG
             13.23.1 Business Overview
             13.23.2 Product Portfolio
             13.23.3 Recent Developments
             13.23.4 MnM View
                        13.23.4.1 Key Strategies
                        13.23.4.2 SWOT Analysis
     13.24 Panasonic Corporation
             13.24.1 Business Overview
             13.24.2 Product Portfolio
             13.24.3 Recent Developments
     13.25 Royal Philips Electronics N.V.
             13.25.1 Business Overview
             13.25.2 Product Portfolio
             13.25.3 Recent Developments
             13.25.4 MnM View
                        13.25.4.1 Key Strategies
                        13.25.4.2 SWOT Analysis
     13.26 Samsung Electronics Co. Ltd.
             13.26.1 Business Overview
             13.26.2 Product Portfolio
             13.26.3 Recent Developments
     13.27 Seoul Semiconductor Co. Ltd.
             13.27.1 Business Overview
             13.27.2 Product Portfolio
             13.27.3 Recent Developments
     13.28 TCP International Holdings Ltd
             13.28.1 Business Overview
             13.28.2 Product Portfolio
             13.28.3 Recent Developments
     13.29 Toyoda Gosei Co. Ltd.
             13.29.1 Business Overview
             13.29.2 Product Portfolio
             13.29.3 Recent Developments
     13.30 Tridonic GmbH & Co. KG
             13.30.1 Business Overview
             13.30.2 Product Portfolio
             13.30.3 Recent Developments
     13.31 Veeco Instruments, Inc.
             13.31.1 Business Overview
             13.31.2 Product Portfolio
             13.31.3 Recent Developments

14 Appendix
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports


List of Tables (77 Tables)

Table 1 Comparison of Led and Fluorescent Lamps
Table 2 Global SSL Standards
Table 3 Solid-State Lighting Market Size, By Technology, 2013-2020 (Million USD)
Table 4 Solid-State Lighting Market Size, By Type, 2013-2020 (Million USD)
Table 5 Solid-State Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 6 Solid-State Lighting Market Size, By Type of Installation, 2013-2020 (Million USD)
Table 7 Solid-State Lighting Market Size, By Application, 2013-2020 (Million USD)
Table 8 SSL General Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 9 SSL Backlighting Market Size, By Geography, 2013-2020 (Million USD)
Table 10 SSL Automotive Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 11 Solid-State Lighting Market Medical Lighting Size, By Geography, 2013-2020 (Million USD)
Table 12 Solid-State Lighting Market Other Lighting Applications Market Size, By Geography, 2013-2020 (Million USD)
Table 13 Solid-State Lighting Market Size, By Industry Vertical, 2013-2020 (Million USD)
Table 14 SSL Led Market Size, By Application, 2013-2020 (Million USD)
Table 15 SSL OLED Market Size, By Application, 2013-2020 (Million USD)
Table 16 Fluorescent Lighting Market Size, By Type, 2013-2020 (Million USD)
Table 17 Fluorescent Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 18 Fluorescent Lighting Market Size, By Type of Installation, 2013-2020 (Million USD)
Table 19 Fluorescent Lighting Market Size, By Application, 2013-2020 (Million USD)
Table 20 Fluorescent Lighting General Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 21 Fluorescent Lighting Backlighting Market Size, By Geography, 2013-2020 (Million USD)
Table 22 Fluorescent Lighting Medical Lighting Market Size, By Geography, 2013-2020 (Million USD)
Table 23 Fluorescent Lighting Other Lighting Applications Market Size, By Geography, 2013-2020 (Million USD)
Table 24 Fluorescent Lighting Market Size, By Industry Vertical, 2013-2020 (Million USD)
Table 25 Fluorescent Lighting LFL Market Size, By Application, 2013-2020 (Million USD)
Table 26 Fluorescent Lighting CFL Market Size, By Application, 2013-2020 (Million USD)
Table 27 Fluorescent Lighting CCFL Market Size, By Application, 2013-2020 (Million USD)
Table 28 Solid-State Lighting Market Size, By Type of Installation, 2013-2020 (Million USD)
Table 29 New Installation Market Size, By Technology, 2013-2020 (Million USD)
Table 30 Retrofit Market Size, By Technology, 2013-2020 (Million USD)
Table 31 SSL & Fluorescent Lighting Market Size, By Application, 2013-2020 (Million USD)
Table 32 General Lighting Market Size, By Technology, 2013-2020 (Million USD)
Table 33 General Lighting Market Size, By SSL Type, 2013-2020 (Million USD)
Table 34 General Lighting Market Size, By Fluorescent Lighting Market Type, 2013-2020 (Million USD)
Table 35 General Lighting Market Size, By Application, 2013-2020 (Million USD)
Table 36 General Lighting Market Size, By Region, 2013-2020 (Million USD)
Table 37 Backlighting Market Size, By Technology, 2013-2020 (Million USD)
Table 38 Backlighting Market Size, By SSL Type, 2013-2020 (Million USD)
Table 39 Backlighting Market Size, By Fluorescent Lighting Market Type, 2013-2020 (Million USD)
Table 40 Backlighting Market Size, By Region, 2013-2020 (Million USD)
Table 41 Automotive Lighting Market Size, By Technology, 2013-2020 (Million USD)
Table 42 Automotive Lighting Market Size, By SSL Type, 2013-2020 (Million USD)
Table 43 Automotive Lighting Market Size, By Region, 2013-2020 (Million USD)
Table 44 Medical Lighting Market Size, By Technology, 2013-2020 (Million USD)
Table 45 Medical Lighting Market Size, By SSL Type, 2013-2020 (Million USD)
Table 46 Fluorescent Lighting Market Size, By Type, 2013-2020 (Million USD)
Table 47 Medical Lighting Market Size, By Region, 2013-2020 (Million USD)
Table 48 Other Lighting Applications Market Size, By Technology, 2013-2020 (Million USD)
Table 49 Other Lighting Applications Market Size, By SSL Type, 2013-2020 (Million USD)
Table 50 Other Lighting Applications Market Size, By Fluorescent Lighting Market Type, 2013-2020 (Million USD)
Table 51 Other Lighting Applications Market Size, By Region, 2013-2020 (Million USD)
Table 52 SSL & Fluorescent Lighting Market Size, By Industry Vertical, 2013–2020 (Million USD)
Table 53 Residential Solid-State Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 54 Commercial Solid-State Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 55 Educational Solid-State Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 56 Consumer Electronics Market Size, By Technology, 2013–2020 (Million USD)
Table 57 Industrial Solid-State Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 58 Medical Market Size, By Technology, 2013–2020 (Million USD)
Table 59 Transportation Solid-State Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 60 SSL & Fluorescent Lighting Market Size, By Region, 2013–2020 (Million USD)
Table 61 North America: SSL & Fluorescent Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 62 North America: SSL & Fluorescent Lighting Market Size, By Application, 2013–2020 (Million USD)
Table 63 North America: SSL & Fluorescent Lighting Market Size, By Country, 2013–2020 (Million USD)
Table 64 Europe: SSL & Fluorescent Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 65 Europe: SSL & Fluorescent Lighting Market Size, By Application, 2013–2020 (Million USD)
Table 66 Europe: SSL & Fluorescent Lighting Market Size, By Region, 2013–2020 (Million USD)
Table 67 APAC: SSL & Fluorescent Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 68 APAC: SSL & Fluorescent Lighting Market Size, By Application, 2013–2020 (Million USD)
Table 69 APAC: SSL & Fluorescent Lighting Market Size, By Region, 2013–2020 (Million USD)
Table 70 RoW: SSL & Fluorescent Lighting Market Size, By Technology, 2013–2020 (Million USD)
Table 71 RoW: SSL & Fluorescent Lighting Market Size, By Application, 2013–2020 (Million USD)
Table 72 RoW: SSL & Fluorescent Lighting Market Size, By Region, 2013–2020 (Million USD)
Table 73 Middle East: SSL & Fluorescent Lighting Market Size, By Country, 2013–2020 (Million USD)
Table 74 New Product Launches, 2012-2015
Table 75 Agreements, Partnerships, Collaborations, and Joint Ventures, 2013-2015
Table 76 Expansions, 2013-2015
Table 77 Other Developments, 2013-2015
 
 
List of Figures (92 Figures)
 
Figure 1 Research Design
Figure 2 Market Size Estimation Meth0dology: Bottom-Up Approach
Figure 3 Market Size Estimation Meth0dology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumption of the Research Study
Figure 6 Solid-State Lighting Market Snapshot (2015 vs. 2020):  General Lighting Expected to Have the Largest Market Size During the Forecast Period
Figure 7 Global SSL & FL Market, By Industry Vertical, 2014
Figure 8 SSL & Fluorescent Lighting Market Snapshot, By Type of Installation, 2015 vs. 2020
Figure 9 Global SSL & Fluorescent Lighting Market Share, By Region, 2014
Figure 10 SSL Technology is Expected to Dominate All Lighting Applications
Figure 11 SSL Market is Expected to Be Dominated By General Lighting Application During the Forecast Period
Figure 12 The Lighting Market in China Accounted for ~38% Share in 2014
Figure 13 The Market in the Middle East is Expected to Grow at A CAGR of 6.15% During the Forecast Period
Figure 14 The FL Technology is Expected to Dominate the Lighting Market During Forecast Period
Figure 15 The Commercial Application is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Evolution of Lighting Technologies
Figure 17 Solid-State Lighting & Fluorescent Lighting Market, By Technology
Figure 18 Solid-State Lighting & Fluorescent Lighting Market, By Type of Installation
Figure 19 Solid-State Lighting & Fluorescent Lighting Market, By Application
Figure 20 Solid-State Lighting & Fluorescent Lighting Market, By Industry Vertical
Figure 21 Government Initiatives and Long Life of Led Expected to Drive the SSL Market
Figure 22 Value Chain Analysis for the Solid-State Lighting Market
Figure 23 Porter’s Five Forces Analysis for the Solid-State Lighting Market
Figure 24 Porter’s Five Forces – Impact Analysis
Figure 25 Threat of New Entrants
Figure 26 Threat of Substitutes
Figure 27 Barganing Power of Suppliers
Figure 28 Barganing Power of Buyers
Figure 29 Intensity of Rivalry
Figure 30 Trends in Solid-State Lighting
Figure 31 Recent Developments in Solid-State Lighting, By Country
Figure 32 SSL & FL Lighting Market, By Technology
Figure 33 RoW Expected to Exhibit the Fastest Growth for SSL Technologies During the Forecast Period
Figure 34 General Lighting is Forecast to Be the Dominant SSL Application During the Forecast Period
Figure 35 Residential Sector is Expected to Be the Largest Application for SSL During the Forecast Period
Figure 36 Types of Led
Figure 37 APAC Projected to Be the Leading Market for the FL Technology During the Forecast Period
Figure 38 The Demand for Fluorescent Lighting Market Expected to Be the Largest From the Residential Sector Between 2014 to 2020
Figure 39 Advantages and Disadvantages
Figure 40 Advantages and Disadvantages of CFL
Figure 41 General Lighting Expected to Occupy the Largest Share in the Overall Lighting Market During the Forecast Period
Figure 42 RoW Market is Expected to Grow at the Highest CAGR Between 2015 and 2020
Figure 43 OLED is Showing A Significant  Growth for Backlighting Application
Figure 44 SSL Lighting Technology is Expected to Hold the Largest Share in Medical Application
Figure 45 Medical Lighting Market Size, By Application, 2013-2020 (Million USD)
Figure 46 Transportation Sector is Expected to Grow at the Highest CAGR Between 2015 and 2020
Figure 47 SSL Technology is Likely to Grow at the Highest CAGR for Educational Sector
Figure 48 SSL Technology is Majorly Used in Transportation Sector
Figure 49 Solid-State Lighting & Fluorescent Lighting Market, Geograhic Snapshot, 2015–2020
Figure 50 Attractive Market Opportunities for Solid-State Lighting & Fluorescent Lighting Technologies in RoW
Figure 51 North America Geographic Snapshot, 2014
Figure 52 Europe Geographic Snapshot, 2014
Figure 53 APAC Geographic Snapshot, 2014
Figure 54 RoW Geographic Snapshot, 2014 vs. 2020
Figure 55 Companies Adopted Product Innovation as the Key Growth Strategy Over the Last Three Years
Figure 56 Battle for Market Share: New Product Launches Was the Key Strategy
Figure 57 Geographic Revenue Mix of Major Companies
Figure 58 Acuity Brands Lighting, Inc.: Company Snapshot
Figure 59 Acuity Brands Lighting, Inc.: SWOT Analysis
Figure 60 Advanced Lighting Technologies, Inc.: Company Snapshot
Figure 61 Aixtron SE: Company Snapshot
Figure 62 Applied Materials, Inc.: Company Snapshot
Figure 63 Applied Science and Technology Research Institute: Company Snapshot
Figure 64 Bridgelux, Inc.: Company Snapshot
Figure 65 Cambridge Display Technology : Company Snapshot
Figure 66 Citizen Electronics Co. Ltd: Business Overview
Figure 67 Cree, Inc.: Company Snapshot
Figure 68 Eaton Corporation PLC.: Company Snapshot
Figure 69 Eaton Corporation PLC.: SWOT Analysis
Figure 70 Energy Focus, Inc.: Business Overview
Figure 71 Everlight Electronics Co. Ltd.: Company Snapshot
Figure 72 Fairchild Semiconductor: Company Snapshot
Figure 73 General Electric Company: Company Snapshot
Figure 74 General Electric Company: SWOT Analysis
Figure 75 Intematix Corporation: Business Overview
Figure 76 Led Engin, Inc.: Business Overview
Figure 77 LG Innotek Co. Ltd.: Company Snapshot
Figure 78 Lumenpulse Inc. : Business Overview
Figure 79 Lustrous Technology, Ltd: Business Overview
Figure 80 Mitsubishi Electric Corporation: Company Snapshot
Figure 81 Nichia Corporation: SWOT Analysis
Figure 82 Osram Licht AG: Company Snapshot
Figure 83 Osram Licht AG: SWOT Analysis
Figure 84 Panasonic Corporation: Business Overview
Figure 85 Royal Philips Electronics N.V.: Company Snapshot
Figure 86 Royal Philips Electronics N.V.: SWOT Analysis
Figure 87 Samsung Electronics Co. Ltd.: Company Snapshot
Figure 88 Seoul Semiconductor Co. Ltd.: Company Snapshot
Figure 89 TCP International Holdings Ltd: Business Overview
Figure 90 Toyoda Gosei Co. Ltd.: Company Snapshot
Figure 91 Tridonic GmbH & Co. KG
Figure 92 Veeco Instruments, Inc.: Business Overview

The lighting market is on a transition path from conventional lighting technologies to the new SSL technologies which include LED, and OLED. Traditional lighting technologies such as incandescent lamps, halogens, and fluorescent lighting are witnessing a decline due to increasing awareness of consumers regarding benefits of the Solid-State Lighting Market technology. This trend is more in developed countries such as the U.S., Japan, and European Union countries. The developing countries such as China, India, and regions such as the Middle East are  expected to exhibit high adoption rates for these technologies.

The solid-state lighting market size is projected to reach $22.2 Billion by 2020, growing at a CAGR of 7.31% from 2015 to 2020. The market size for fluorescent lighting is estimated to be $24.5 Billion by 2020, at a CAGR of -3.56% from 2015 to 2020.

Governments from developed countries and regions such as the U.S. and the European Union plan to ban incandescent bulbs and adopt energy-efficient and eco-friendly technologies such as LED. For instance, the European Commission has planned to phase out halogen lamps from the European Union by 2018.  Fluorescent Lighting Market is currently the most popular technology in the market for lighting applications. This technology is more energy-efficient than incandescent lamps and halogens, and generates minimal heat. Fluorescent lighting makes use of mercury vapor; however, as mercury is poisonous, broken fluorescent lamps can be an environmental hazard. Thus, the disposal of used FL products is a major concern for governments all over the world.

Solid-State Lighting Market is an emerging technology with a high growth potential across several lighting applications including general lighting, automotive lighting, and medical lighting, among other applications. LEDs were initially used for signage, traffic lights, and backlighting. With further research and development in the field of optoelectronics and the introduction of LEDs capable of emitting white light, more market opportunities have been created for SSL, particularly in general lighting and automotive lighting.

In this report, drivers, restraints, opportunities, and challenges for lighting technologies have been covered. Major driving factors for this market are government initiatives and mandates, long life and low energy consumption, and efficient and robust design of LEDs for better productivity. Major restraints for this market are high costs involved. The figure below shows the estimated growth of the Solid-State Lighting Market between 2014 and 2020.

Below figure shows the estimated growth of the lighting market between 2014 and 2020.

SSL & FL Market Size, by Value, 2014–2020 (Million USD)

Solid State Lighting Market

Source: MarketsandMarkets Analysis

In the lighting market, the general lighting application accounted for a majority of the Solid-State Lighting Market share while, automotive lighting is expected to be the fastest-growing application during the forecast period. Some of the major players in this Solid-State Lighting Market are Osram Licht AG (Germany), Royal Philips Electronics N.V (Netherlands), Nichia Corporation (Japan), General Electric Company (U.S.), and Seoul Semiconductor Co. Ltd (South Korea).

Geographically, this market covers North America, APAC, Europe, and Rest of the World (RoW).

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