Global Solid-State and Other Energy-Efficient Lighting Market (2021 to 2026) – by Offering Type, Technology Type, Installation Type, Application Type and Geography – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Solid-State and Other Energy-Efficient Lighting Market (2021-2026) by Offering Type, Technology Type, Installation Type, Application Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Solid-State and Other Energy-Efficient Lighting Market is estimated to be USD 167.6 Bn in 2021 and is expected to reach USD 233.97 Bn by 2026, growing at a CAGR of 6.9%.

The Global Solid-State and Other Energy-Efficient Lighting Market is driving due to increasing initiative and support by the government towards adoption of energy-efficient lighting solutions are driving the market growth. Additionally, growing awareness of significant benefits offered by LEDs lighting systems is fuelling the market’s growth. On the other hand, the high cost of system implementation and maintenance restricts the market.

Furthermore, growing adoption by various industries such as automobile, medical, healthcare, and others, and increasing technological advancement and modernization will create opportunities for the market to grow. Moreover, increasing system testing costs are the challenge that may negatively affect the market.

The Global Solid-State and Other Energy-Efficient Lighting Market is segmented based on Offering Type, Technology Type, Installation Type, Application Type, and Geography.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Solid-State and Other Energy-Efficient Lighting Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Market Dynamics

Drivers

• Government Initiatives towards Energy-Efficient Lighting Solutions
• Significant Benefits offered by LEDs Lighting System

Restraints

• High Cost of System Implementation and Maintenance

Opportunities

• Growing Adoption by Various Industries
• Technological Advancement and Modernization

Challenges

• Increase in Testing Cost

Companies Mentioned

• Acuity Brands, Inc
• Advanced Lighting Technologies, LLC
• AIXTRON
• Applied Materials, Inc
• ARC Solid-State Lighting Corp
• Bridgelux, Inc
• Ceravision
• Dialight
• Digital Lumens, Inc
• Eaton Corporation
• Energy Focus, Inc
• Everlight Electronics Co Ltd
• General Electric Company
• Hong Kong Applied Science and Technology Research Institute Company Limited
• Intematix Corporation
• Mitsubishi Electric Corporation
• Nanoleaf
• Nichia Corporation
• OSRAM Licht AG
• Phoenix Products LLC
• Sharp Corporation
• Seoul Semiconductor Co Ltd
• Signify Holding B.V
• SORAA
• Technical Consumer Products, Inc
• Topanga Technologies
• Toshiba Corporation
• TOYODA GOSEI Co Ltd
• Virtual Extension
• Wolfspeed, Inc

For more information about this report visit https://www.researchandmarkets.com/r/3elqvw

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