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Solid State Lighting Market worth $56.79 Billion by 2018
Date:9/6/2013

will further penetrate the display market displacing LCD and LED display technologies. Many Asian companies have geared up to emerge as dominant players in the OLED equipment and materials market. The OLED based SSL is set to be one of the major Solid State Lighting technology in future with CAGR projected to exceed 25% in major applications such as general lighting, backlighting, automotive lighting and medical lighting.

Global SolidState Lighting Market is expected to reach $56.79billion by 2018, at an estimated CAGR of 18.7% from 2013 to 2018 with backlighting and general lighting application contributing to the global Solid State Lighting applications market with a share of 87% in 2012 and is expected to record high growth in coming years. APAC is the leading region in the overall Solid State Lighting Market with 50% of market share in 2012; followed by North America and Europe with 23.9% and 19.9% each in 2012. In ROW, Russia, Brazil and the Middle East are the largest contributors with total share of 6.3% occupied in global Solid State Lighting Market.

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Global LED Displays, Lighting and Fixtures Market (2011-2016) : Analysis and Forecast by Product (Surface Mounted Display, Conventional LED Walls; HBLED, Color LED, Fixed And Portable Fixtures), by Applications (Backlighting,  Signage,  General Lighting, Automotive Lighting) and by Geography                                                              


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