What is the current Solid-State Lighting Source Market size?

The Solid-State Lighting Source Market is projected to register a CAGR of 14.40% during the forecast period (2024-2029) Read More

Who are the key players in Solid-State Lighting Source Market?

Koninklijke Philips N.V. , OsRam Licht AG, Samsung Electronics Co. Ltd. , GE Lighting and Mitsubishi Electric Corporation are the major companies operating in the Solid-State Lighting Source Market. Read More

Which is the fastest growing region in Solid-State Lighting Source Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Solid-State Lighting Source Market?

In 2024, the North America accounts for the largest market share in Solid-State Lighting Source Market. Read More

What years does this Solid-State Lighting Source Market cover?

The report covers the Solid-State Lighting Source Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Solid-State Lighting Source Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Solid-State Lighting Source Market - Size, Research & Analysis

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

The report covers Global Solid-State Lighting Source Market Growth and it is segmented by Technology (Light Emitting Diodes (LEDs), Organic Light Emitting Diodes (OLED) and Polymer Light Emitting Diodes (PLED)), End-User (Residential, Commercial and Automotive), and Geography.

Solid-State Lighting Source Industry Overview

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.