Global Solid State and Other Energy Efficient Lighting Systems
Market Report
2025
Solid State and Other Energy Efficient Lighting Systems Market will be USD 140.4 billion in 2024 and expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Solid State and Other Energy Efficient Lighting Systems Market will be USD 140.4 billion in 2024 and expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Solid State and Other Energy Efficient Lighting Systems Market Sales Revenue | 121212 | 121212 | 121212 | 4.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Technology |
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Market Split by Installation Type |
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Market Split by Application |
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Market Split by Offering |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Solid State and Other Energy Efficient Lighting Systems Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Solid-state lighting (SSL) is a technique in which LEDs or compact fluorescent lamps (CFLs) replace traditional incandescent and fluorescent lamps for general lighting. Light emission diodes are semiconductor diodes that emit light when a current travels through them. They use materials like gallium nitride, aluminum nitride, silicon carbide, and others that have a band gap that allows electrons to flow and emit light. Rising environmental concerns and the need for energy conservation, increased government regulations, and measures to encourage energy-efficient lighting are among the factors driving market expansion. The difficulties of dealing with solid-state lighting under heating circumstances, a lack of control compatibility, and high beginning costs for solid-state and other energy-efficient lighting are limiting market growth.
Key Drivers for Solid State and Other Energy Efficient Lighting Systems Market
Increasing public awareness - The majority of energy resources are finite, and some of them pollute the environment. Solid-state and energy-efficient lighting is one example of an energy-efficient technology that can assist in minimizing harmful emissions in the environment. The general public is becoming more aware of ways to save energy and adopt green technologies as social media and internet access expand. Solid-state and other energy-efficient lighting that uses light-emitting diodes (LED) consumes 80% less energy while also having less negative environmental effects. Using a single incandescent bulb emits 4,500 pounds of CO2 per year, whereas light emitting diode bulbs emit only 451 pounds. Replacing a single incandescent bulb with a compact fluorescent light saves half a tonne of CO2 from entering the atmosphere over the bulb's lifetime. It is also projected that if the entire United States employed energy-efficient lighting, it could retire 90 average-sized power plants, saving electricity while also lowering CO2 and other harmful emissions. As previously said, several studies and research have demonstrated that the usage of solid-state and other energy-efficient lighting is both energy-efficient and environmentally benign.
Urbanisation and Infrastructure Development.
Key Restraints for Solid State and Other Energy Efficient Lighting Systems Market
High initial cost
Technological limitations
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In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
In May 2022, Halonix introduced the 'Styl LED Batten', a new style statement for the house. It is a novel innovation that provides three types of lighting based on the consumers' intended use. Because of its multipurpose application and distinctiveness, this newly launched product in the Indian market has the potential to capture a considerable market share of the energy-efficient lighting industry.
Top Companies Market Share in Solid State and Other Energy Efficient Lighting Systems Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Which Region will dominate the Solid State and Other Energy Efficient Lighting Systems Market in 2024?
According to Cognitive Market Research, Asia Pacific held the biggest market share throughout the projection period, thanks to the presence of major important market players such as Nichia Corporation, Everlight Electronics, Mitsubishi Electric Pvt. Ltd., and others in the area. Furthermore, the Japanese government supports and invests in the solid-state lighting business. The Japanese programs sought to take advantage of huge energy savings and greenhouse gas reductions. This has contributed to the development of high-performance white LEDs.
Which Region is Expanding at the Fastest CAGR?
The North American region is a fast-expanding market for Solid State and Other Energy Efficient Lighting systems, due to the increasing adoption and new product development of solid-state lighting systems. For instance, in March 2023, Cree LED, an LED chip maker, introduced the new J family of LEDs for roadway and indoor professional applications. The newly available LED solutions are perfect for directed lighting applications. This launch enabled the company to offer LED lighting solutions for a variety of commercial applications. Similarly, some firms that provide LED solid-state lighting are expanding their services to serve a variety of industries, including healthcare, commercial, automotive, and others. This is expected to help develop the solid-state lighting market in North America.
The current report Scope analyzes Solid State and Other Energy Efficient Lighting Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Solid State and Other Energy Efficient Lighting Systems Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Solid State and Other Energy Efficient Lighting Systems Industry growth. Solid State and Other Energy Efficient Lighting Systems market has been segmented with the help of its Technology , Installation Type Application , and others. Solid State and Other Energy Efficient Lighting Systems market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In terms of market segmentation split by Technology we have analyzed Solid-State Lighting, HID Lighting, Fluorescent Lighting, Others (Plasma and Induction Lighting) on the basis of key leading segment revenue and share along with reasons behind its dominance across the global as well as region level. Additionally, we have also incorporated revenue and Y-O-Y growth of each segment with detailed qualitative analysis.
Technology of Solid State and Other Energy Efficient Lighting Systems analyzed in this report are as follows:
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Market segmentation based on Installation Type explains not only the historical market size/share data of New Installation, Retrofit Installation but also the forecasted revenue growth. This will also help to analyze the demand for Solid State and Other Energy Efficient Lighting Systems across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Installation Type of Solid State and Other Energy Efficient Lighting Systems are:
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According to Cognitive Market Research, the automotive lighting segment is predicted to have the highest CAGR during the projection period. In terms of application, the automotive lighting market is predicted to develop the fastest throughout the forecast period. Automotive manufacturers benefit from solid-state and other energy-efficient lighting technology, which offers great efficiency and long battery life. Because of these benefits, the automotive industry is rapidly adopting this technology for use in automobiles
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Solid State and Other Energy Efficient Lighting Systems Market is witnessing significant growth in the near future.
In 2023, the Solid-State Lighting segment accounted for noticeable share of global Solid State and Other Energy Efficient Lighting Systems Market and is projected to experience significant growth in the near future.
The New Installation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies OSRAM Licht AG (Germany) , Seoul Semiconductor Co. Ltd. (South Korea) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Technology | Solid-State Lighting, HID Lighting, Fluorescent Lighting, Others (Plasma and Induction Lighting) |
Installation Type | New Installation, Retrofit Installation |
Application | General Lighting, Backlighting, Automotive Lighting, Medical Lighting, Others (Projector and Emergency Lighting) |
Offering | Hardware, Software, Services |
List of Competitors | OSRAM Licht AG (Germany), Royal Philips Electronics N.V. (Netherlands), Seoul Semiconductor Co. Ltd. (South Korea), General Electric Company (US), Nichia Corporation (Japan), AIXTRON SE (Germany), Applied Materials Inc. (US), Applied Science and Technology Research Institute Company Limited (Hong Kong), Bridgelux Inc. (US), Cree Inc. (US), Acuity Brands Inc. (US), Advanced Lighting Technologies Inc. (US), Energy Focus Inc. (US), Intematix Corporation (US), LED Engin Inc. (US), Toyoda Gosei Co. Ltd. (Japan), TCP International Holdings Ltd.(Switzerland), Topanga Technologies Inc. (US), Ceravision Ltd (UK), Bright Light Systems Inc. (Georgia) |
This chapter will help you gain GLOBAL Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review Global Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review North America Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review Europe Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review Asia Pacific Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review South America Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review Middle East Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Solid State and Other Energy Efficient Lighting Systems. Further deep in this chapter, you will be able to review Middle East Solid State and Other Energy Efficient Lighting Systems Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Solid State and Other Energy Efficient Lighting Systems. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Technology Analysis 2019 -2031, will provide market size split by Technology . This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Technology Analysis 2021 - 2033
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Chapter 11 Market Split by Installation Type Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
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Chapter 13 Market Split by Offering Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Solid State and Other Energy Efficient Lighting Systems market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
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Why Solid-State Lighting have a significant impact on Solid State and Other Energy Efficient Lighting Systems market? |
What are the key factors affecting the Solid-State Lighting and HID Lighting of Solid State and Other Energy Efficient Lighting Systems Market? |
What is the CAGR/Growth Rate of New Installation during the forecast period? |
By type, which segment accounted for largest share of the global Solid State and Other Energy Efficient Lighting Systems Market? |
Which region is expected to dominate the global Solid State and Other Energy Efficient Lighting Systems Market within the forecast period? |
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