Semiconductor

  Overview Solid state lighting is a process of generating light with the use of semiconductor LEDs, PLED and etc. Solid state lightings are widely adopted, and it is used in traffic lights, remote controls, vehicle lights, parking lot lights, and train marker lights. Increasing government initiatives to boost the adoption of energy-efficient lighting and lighting in the streets of smart cities is increasing the demand for the solid state lighting industry. The solid state lighting industry has witnessed huge growth with economic growth, the need for lighting systems, raising the income of the consumer. These products offer so many benefits such as long life, energy efficiency, small size, great light quality. The rising demand for warehouse lighting due to the expansion of the automotive sector all over the world boosting solid state lighting market size. The growing adoption of LEDs in medical devices due to their high portability, low thickness, great light quality, and lightwei...

  Market Research Future published a research report on Solid State Lighting Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Solid State Lighting Global Market   - Overview The solid state lighting market is showing immense growth; mainly due to the growing need for high efficiency lighting and growing need for long life HID lights. Increasing demand for energy efficient lighting is one major factor driving the growth of solid state lighting market. Steep increase in the adoption of fluorescent lights is one major factor driving the growth of  Solid State Lighting Market . OSRAM Licht AG, Royal Philips Electronics N.V., Seoul Semiconductor Co., Ltd., General Electric Company, Nichia Corporation, and AIXTRON SE are the major investors in the solid state lighting market. Based on offering, the market is segmented into hardware, software and services. The services segment is expected to grow at ...