The term solid state lighting refers to the light emitted by solid-state electroluminescence or fluorescent tubes. Solid state lighting (SSL) uses polymer light-emitting diodes, semiconductor light-emitting diodes, and organic light-emitting diodes as a source of radiance.
Compared to the conventional lighting technologies such as incandescent lamps, the solid state lighting products provide higher output with lesser amount of energy. Incandescent lamps failed in optimum conversion of electrical energy into light, and SSL overcomes this issue. Additionally, high durability (5 to 8 years) of SSL products is another advantageous feature which is expected to boost the adoption of SSL products during the forecast period. Furthermore, lower maintenance costs, reduced size, versatility, and high energy efficiency of SSL products when compared to other conventional products, is expected to propel the global solid state lighting market during the forecast period. The solid state lighting product are designed to reduce the biological impacts, thereby prompting their use across the globe. Also, improved optical distribution of light in SSL products, significantly reduces the light wastage/scattering, and therefore produces better illumination.
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Asia Pacific (APAC) is observed as the largest pool for global solid state lightning market owing to availability of cheap labor and low manufacturing costs. In addition, North America leads the global solid state lighting market owing to a significant implementation of SSL technology in lightning products. In addition, governments of developed regions such as the North America and Europe, are planning to ban incandescent bulbs and increase adoption of energy-efficient and eco-friendly technologies for illumination, thereby further expected to bolster the global solid state lighting market In South America (SAM), Brazil is...