Europe OLED based SSL Market to 11%CAGR from 2018 to 2024 Solid State Lighting Market | Page 2
Ban on energy-inefficient lighting products such as incandescent and halogen bulbs
majorly in the U.S., Germany, France and UK is likely to significantly boost solid
state lighting market growth. For instance, EU ban on incandescent, halogen bulbs &
CFL lamps is further promoting the usage of LED bulbs in the region. Regulations
against incandescent bulb import, manufacture or sale for general illumination
applications is estimated to significantly expand the market size up to 2024.
Europe OLED based solid state lighting market size may register gains close to 11%
by 2024. Declining prices due to reduction in manufacturing costs and increasing
demand for sustainable & energy-efficient lighting products are predicted to boost
market growth. solid state lighting products are majorly used in several outdoor
lighting applications such as parking lots, campuses and street lights which may
further contribute to the growth solid state lighting market demand.
U.S. Solid State Lighting Market Size, By Technology, 2017 & 2024, (Million Units)
Browse key industry insights spread across 530 pages with 1284 market data tables
& 35 figures & charts from the report, “Solid State Lighting Market Size By
Technology (LED {By Product [Lamps, Luminaires], By Installation [New,
Retrofit], By Application [Indoor (Residential, Commercial ( Office, Malls,
Hospitals), Industrial (Mining, Automotive, Construction), Outdoor (Highway &
Roadway, Architectural, Public)}, OLED {By Application [Industrial,
Residential, Commercial, Automotive, Hospital, Architectural]}) Industry
Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK,
France, Italy, Spain, Russia, Poland, Denmark, Netherlands, China, India,
Japan, South Korea, Australia, Malaysia, Thailand, Brazil, Argentina, South
Africa, Saudi Arabia, UAE), Application Potential, Price Trend, Competitive
Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://bit.ly/2n6f691
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