The Solid State Lighting Market size is expected to grow at an annual average of 11% during 2021-2027. Solid state lighting devices consist of semiconductors that convert electricity into light. Solid state lighting devices generate visible light through electroluminescence, a phenomenon in which a specially manufactured semiconductor diode emits light when passing an electric current. Solid state lighting is used in a variety of applications due to its various advantages such as long life, better light output quality, intrinsically safe, small size and high durability.
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A full report of Solid State Lighting Market is available at: https://www.orionmarketreports.com/solid-state-lighting-market/23056/
The following segmentation are covered in this report:
By Installation Type
- New Installation
- Retrofit
By Application
- Indoor Lighting
- Outdoor Lighting
- Specialty Lighting
By Industry Vertical
- Residential
- Industrial and Commercial
- Medical
- Transportation
- Others
Key players
- Cree, Inc.
- Energy Focus Inc.
- General Electric Company
- Nichia Corporation
- Osram Licht AG
- Royal Philips Electronics N.V.
- Samsung Electronics Co., Ltd.
- Seoul Semiconductor Co. Ltd.
- Sharp Corporation
- Toshiba Corporation
The report covers the following objectives:
- Proliferation and maturation of trade in the global Solid State Lighting Market
- The market share of the global Solid State Lighting Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Solid State Lighting Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Solid State Lighting Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
