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The Eighth Annual DOE Solid-State Lighting Market

The Eighth Annual DOE Solid-State Lighting Market 2025

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The document discusses the importance of performance metrics for solid-state lighting, particularly LEDs, to ensure their success in the general illumination market. It highlights the need for unbiased testing protocols and measurement methods to evaluate LED performance, as traditional metrics are not applicable. The Alliance for Solid-State Illumination Systems and Technologies (ASSIST) provides guidelines for reliable LED performance testing and comparisons, emphasizing real-world application conditions. The Lighting Research Center at Rensselaer Polytechnic Institute supports these efforts through research and collaboration with industry stakeholders.

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What is the future of LED lighting?

Advancements in Color Rendering and Quality In 2024, LED lighting will continue to improve in terms of color rendering and quality. LEDs with a high Color Rendering Index (CRI) are now widely available, providing better color accuracy and vibrancy in illuminated spaces.

What is the market outlook for LED lighting?

The global LED lighting market size was valued at USD 97.07 billion in 2024. The market is projected to grow from USD 109.11 billion in 2025 to USD 272.44 billion by 2032, exhibiting a CAGR of 14.0% during the forecast period. LEDs are semiconductor devices that emit light when an electric current passes through them.

How big is the lighting market in the US?

When compared to other countries around Worldwide, United States generates the highest revenue in the Lamps Lighting market, docHubing US$33.19bn in 2025. In terms of per capita revenue, United States generates US$96.60 per person in 2025, when considering the total population figures.

Who is the market leader in LED lighting?

LED Lighting Market in China China dominates the global LED lighting market, accounting for approximately 40% of the global market share in 2024. The countrys leadership in LED technology is driven by its robust manufacturing ecosystem and comprehensive government support for energy-efficient lighting solutions.

What is the market trend in lighting?

Lighting Market Overview The global lighting market is expected to grow steadily from USD 136.89 billion in 2024 to USD 252.65 billion by 2035, registering a CAGR of 5.72% during the forecast period.

What is meant by solid state lighting?

Solid-state lighting (SSL) is a type of lighting that uses semiconductor light-emitting diodes (LEDs), organic light-emitting diodes (OLED), or polymer light-emitting diodes (PLED) as sources of illumination rather than electrical filaments, plasma (used in arc lamps such as fluorescent lamps), or gas.

What is the LED lighting market forecast?

The global LED lighting market size was valued at USD 97.07 billion in 2024 and is projected to grow from USD 109.11 billion in 2025 to USD 272.44 billion by 2032, exhibiting a CAGR of 14.0% during the forecast period. North America dominated the LED lighting market with a share of 21.82% in 2024.

The Eighth Annual DOE Solid-State Lighting Market 2025

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