According to the new bazaar assay address “Solid-State Lighting & Fluorescent Lighting Bazaar by Technology (LED, OLED, CFL), Blazon of Accession (New, Retrofit), Appliance (General Lighting, Backlighting, Automotive Lighting, Medical Lighting), Vertical, & Cartography – Anticipation to 2020”, appear by MarketsandMarkets, the Solid-State Lighting Bazaar admeasurement is projected to ability $22.2 Billion by 2020, growing at a CAGR of 7.31% from 2015 to 2020. The bazaar admeasurement for Fluorescent Lighting is estimated to be $24.5 Billion by 2020, at a CAGR of -3.56% from 2015 to 2020.
Browse 77 bazaar abstracts Tables and 92 Figures advance through 201 Pages and all-embracing TOC on “Solid-State Lighting & Fluorescent Lighting Market”
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The lighting bazaar is accepted to attestant aerial growth, abnormally from the arising SSL technology. Accepted lighting would be the bigger appliance for SSL, admitting the automotive lighting appliance will acquaintance accomplished advance during the anticipation period. Continued life, low activity consumption, able architecture which after-effects into bigger abundance and added accurateness are some of the factors accidental appear the advance of the SSL technology. LEDs can aftermost for about 8 to 10 years with 14 to 18 hours of circadian use and they accomplish a affable light, which makes them able-bodied ill-fitted for ambient lighting.
Solid-State Lighting Bazaar is an arising technology with a aerial advance abeyant beyond several lighting applications including accepted lighting, automotive lighting, and medical lighting, amid added applications. Earlier, LEDs were acclimated for signage, cartage lights, and backlighting. With added assay and development in the acreage of optoelectronics and the addition of LEDs able of abounding white light, added bazaar opportunities accept been created for SSL, decidedly in accepted lighting and automotive lighting. The accepted lighting appliance accounted for the accomplished bazaar share; automotive lighting is the fastest growing appliance for the SSL technology.
In the report, the SSL & FL bazaar is anecdotal by technology, accession type, application, industry vertical, and cartography accoutrement all absolute and arising technologies in this market. The technology types of lighting accommodate FL and SSL. SSL is added anecdotal into LED and OLED, admitting FL is anecdotal into LFL, CFL, and CCFL. The address provides the bazaar assay for the accession blazon of lighting namely, new accession and retrofit. This abstraction additionally covers all above applications of lighting, such as, residential, commercial, educational, customer electronics, industrial, medical, and busline with qualitative as able-bodied as quantitative industry insights.
One of the objectives of the address was to assay the bazaar trends for anniversary of the segments and their corresponding advance rates. Apart from the bazaar segmentation, the address additionally covers all-embracing analyses such as the Porter’s bristles armament analysis, amount alternation with a abundant action breeze diagram, and bazaar dynamics such as drivers, restraints, opportunities, and challenges for the Solid-State Lighting & Fluorescent Lighting Market. Above active factors for this bazaar are government initiatives and mandates, continued activity and low activity consumption, and able and able-bodied architecture of LEDs for bigger productivity.
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The bazaar admeasurement for e SSL & FL in all four geographic regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW) has been included in the report. APAC is estimated to annual for a ample allotment in this bazaar and will additionally display the fastest advance during the anticipation period.
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Some of the above players in this bazaar are Osram Licht AG (Germany), Royal Philips Electronics N.V (Netherlands), Nichia Corporation (Japan), Accepted Electric Aggregation (U.S.), and Seoul Semiconductor Co. Ltd (South Korea)
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