Solid-State Lighting Source Market Share

Statistics for the 2023 & 2024 Solid-State Lighting Source market share, created by Mordor Intelligence™ Industry Reports. Solid-State Lighting Source share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Solid-State Lighting Source Industry

The solid-state lighting source market is moderately fragmented. Overall, the competitive rivalry among existing competitors is high. Moving forward, the new innovation strategies of large and small enterprise companies are expected to drive the market growth. Some of the key developments in the market are:

  • March 2020 - Samsung Electronics introduced its first 'human-centric' LED packages, collectively known as LM302N. Engineered with carefully created light spectra, the LM302N family helps human bodies adjust melatonin levels indoors, making people feel more energetic or relaxed depending on their daily life patterns.
  • January 2020 - GE Lighting added several new C by GE technologies to its expanding portfolio of smart home products. This includes advanced lighting switch and dimmer technologies along with new comfort, safety, and security solutions.

Solid-State Lighting Source Market Leaders

  1. Koninklijke Philips N.V.

  2. OsRam Licht AG

  3. Samsung Electronics Co. Ltd.

  4. GE Lighting

  5. Mitsubishi Electric Corporation

*Disclaimer: Major Players sorted in no particular order

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Solid-State Lighting Source Market Report Snapshots

Solid-State Lighting Source Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)