Solid State Lighting Market Size, Share, Opportunities, And Trends By Type (LED, OLED, CFL), By Application (General Lighting, Architectural Lighting, Automotive Lighting, Backlighting, Horticultural Lighting, Entertainment Lighting, Healthcare Lighting), By End-User (Residential, Commercial, Healthcare, Automotive, Others), And By Geography – Forecasts From 2025 To 2030

Solid State Lighting Market Size:

The solid state lighting market is expected to grow at a CAGR of 6.70% from US$62.30 billion in 2025 to US$86.15 billion in 2030.

Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to demand, supply, and sales, in addition to the recent developments, have been provided in this report. 

The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of the Solid-State Lighting market, offering stakeholders a better understanding of the key factors affecting the overall market environment.

The first step towards determining the Solid-State Lighting market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others. Both bottom-up and top-down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Solid-State Lighting value chain, who are C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentations, charts, graphics, and other different formats helping the clients to faster and more efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

The global Solid State Lighting Market report offers a comprehensive analysis of the industry landscape, providing strategic and executive-level insights supported by data-driven forecasts and detailed analysis. This regularly updated report empowers decision-makers with actionable intelligence on prevailing market trends, emerging opportunities, and competitive dynamics. It evaluates demand across various solid-state lighting technologies, including LED, OLED, and CFL, while delving into key application sub-segments such as general lighting (indoor and outdoor), architectural lighting (accent, cove, and decorative), automotive lighting (exterior and interior), backlighting (display and signage), horticultural lighting (grow lights and plant research), entertainment lighting (stage and studio), healthcare lighting (surgical and therapeutic), industrial lighting (high-bay and hazardous location), smart lighting (connected home and building automation), and emergency lighting (exit signs and backup). The report also examines end-user segments, including residential, commercial, healthcare, automotive, industrial, and others. Additionally, it explores technological advancements, key government policies, regulations, and macroeconomic factors, delivering a holistic perspective of the market.

Solid State Lighting Market Segmentations:

Solid State Lighting Market Segmentation by type

The market is analyzed by type into the following:

• LED
• OLED
• CFL

Solid State Lighting Market Segmentation by application

The report analyzes the market by application as below:

• General Lighting
• Architectural Lighting
• Automotive Lighting
• Backlighting
• Horticultural Lighting
• Entertainment Lighting
• Healthcare Lighting

Solid State Lighting Market Segmentation by end-user

The report analyzes the market by end-user as below:

• Residential
• Commercial
• Healthcare
• Automotive
• Others

Solid State Lighting Market Segmentation by regions:

The study also analysed the Solid State Lighting Market into the following regions, with country level forecasts and analysis as below:

• North America (US, Canada and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain and Others
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Solid State Lighting Market Competitive Landscape:

The global Solid State Lighting Market features key players such as General Electric, Osram Licht AG, Koninklijke Philips N.V., Seoul Semiconductor Co. Ltd, Nichia Corporation, Lumileds Holdings B.V., Cree LED, Acuity Brands, Inc., Bridgelux, Inc, Energy Focus, Inc, Everlight Electronics Co. Ltd, Samsung Electronics, among others. 

Solid State Lighting Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Market size, forecasts, and trends by technology, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Market size, forecasts, and trends by application, with historical revenue data and analysis.
• Market size, forecasts, and trends by end-user, with historical revenue data and analysis across various segments.
• Solid State Lighting Market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth. 
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model. 
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge. 
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented. 

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the Solid State Lighting Market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report. 
• Analyst support through calls and email for timely clarification and incorporating additional requests. 
• Option of presentation or doc format with the estimates file to take care of diverse requirements. 
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings. 
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Solid State Lighting Market Scope:

Report Metric	Details
Solid State Lighting Market Size in 2025	US$62.30 billion
Solid State Lighting Market Size in 2030	US$86.15 billion
Growth Rate	CAGR of 6.70%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Application End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Solid State Lighting Market	General Electric Osram Licht AG Koninklijke Philips N.V. Seoul Semiconductor Co. Ltd Nichia Corporation
Customization Scope	Free report customization with purchase

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. SOLID STATE LIGHTING MARKET BY TECHNOLOGY

5.1. Introduction

5.2. LED

5.3. OLED

5.4. CFL

6. SOLID STATE LIGHTING MARKET BY APPLICATION

6.1. Introduction

6.2. General Lighting

6.3. Architectural Lighting

6.4. Automotive Lighting

6.5. Backlighting

6.6. Horticultural Lighting

6.7. Entertainment Lighting

6.8. Healthcare Lightning

7. SOLID STATE LIGHTING MARKET BY END-USER

7.1. Introduction

7.2. Residential

7.3. Commercial

7.4. Healthcare

7.5. Automotive

7.6. Others

8. SOLID STATE LIGHTING MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indosneisa

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. General Electric 

10.2. Osram Licht AG

10.3. Koninklijke Philips N.V.

10.4. Seoul Semiconductor Co. Ltd

10.5. Nichia Corporation

10.6. Lumileds Holdings B.V.

10.7. Cree LED

10.8. Acuity Brands, Inc.

10.9. Bridgelux, Inc

10.10. Energy Focus, Inc

10.11. Everlight Electronics Co. Ltd

10.12. Samsung Electronics

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

General Electric 

Osram Licht AG

Koninklijke Philips N.V.

Seoul Semiconductor Co. Ltd

Nichia Corporation

Lumileds Holdings B.V.

Cree LED

Acuity Brands, Inc.

Bridgelux, Inc

Energy Focus, Inc

Everlight Electronics Co. Ltd

Samsung Electronics