SSL and Fluorescent Lighting Market Share, Size, Global Insights and Future Outlook

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Global SSL and Fluorescent Lighting Market Size, Share, Global
Insights, Analysis and Outlook, Emerging Trends and Research
Report by Market Reports Center
Technavio Announces the Publication of its Research Report – Global Solid-State Lighting (SSL) and
Fluorescent Lighting Market 2016-2020
Technavio recognizes the following companies as the key players in the global solid-state lighting (SSL)
and fluorescent lighting market: GE Electric, OSRAM, Panasonic, and Schneider Electric.
Other Prominent Vendors in the market are: Acuity Brands, Advanced Lighting Technology, Bridgelux,
Cree, Dialight, Eaton, Emerson Electric, Everlight Electronics, MLS Electronics, Toshiba Lighting and
Technologies, and Toyoda Gosei.
Commenting on the report, an analyst from Technavio’ s team said: “A trend propelling market growth
is the emergence of smart cities. A smart city is integrated with several information and communication
technology solutions to improve the quality of life and drive economic growth. Therefore, governments
across the globe are investing in technologies such as climate action plans, open data platforms, water
management, smart grids, smart street lighting, urban mobility, and smart parking. Some of the
noteworthy examples of smart city projects across the world are Indian Prime Minister Narendra Modi’ s
Smart Cities Mission, the Dubai Plan 2021, and US President Barack Obama’ s Smart Cities Initiative.”
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According to the report, a key growth driver is strong government support in the form of subsidies.
Strong government support is one of the major factors driving the growth of the global SSL and
fluorescent lighting market. Governments in BRIC countries are encouraging the use of LED lights by
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launching
new
programs
and
providing
subsidies
to
the
manufacturers.
Further, the report states that one challenge that could curtail market growth is the absence of global
LED standardization. The specifications and standards for LED lighting vary in different countries. The
absence of a single international standard for LED lighting is a hurdle for the vendors.
About the Solid-State Lighting (SSL) and Fluorescent Lighting Market
The global SSL and fluorescent lighting market includes lighting applications for residential, commercial,
outdoor, industrial, and architectural purposes. The commercial and residential segments are the major
drivers of the market. Fluorescent lights are categorized into LFLs and compact fluorescent lamps (CFLs),
and SSLs are categorized into LEDs and organic LEDs (OLEDs).
Technavio’ s analysts forecast the global SSL and fluorescent lighting market to grow at a CAGR of
15.02% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global SSL and fluorescent
lighting market for 2016-2020. The market size is calculated on the basis of revenue generated from the
sale of new and replacement SSL and fluorescent lights. The report does not include analysis of any
other type of lighting system, such as high-intensity discharge lamps or incandescent bulbs. It also does
not consider any other components of lighting such as control gears, ballasts, fixtures, and luminaires.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Solid-State Lighting (SSL) and Fluorescent Lighting Market 2016-2020, has
been prepared based on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
Key vendors
• GE Electric
• OSRAM
• Panasonic
• Schneider Electric
Other prominent vendors
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• Acuity Brands
• Advanced Lighting Technology
• Bridgelux
• Cree
• Dialight
• Eaton
• Emerson Electric
• Everlight Electronics
• MLS Electronics
• Toshiba Lighting and Technology
• Toyoda Gosei
Market driver
• Strong government support in form of subsidies
• For a full, detailed list, view our report
Market challenge
• Absence of global LED standardization
• For a full, detailed list, view our report
Market trend
• Emergence of smart cities
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]

Technavio s analysts forecast the global SSL and fluorescent lighting market to grow at a CAGR of 15.02% during the period 2016-2020.