Solid State Lighting Market Regional Outlook Opportunity Assessment, forecast till 2027
Solid State Lighting Market Research Report- Forecast till 2022 Market Highlights The solid state lighting market, as per the report published by Market Research Future (MRFR), is likely to gain quick mileage over the next couple of years. The study asserts that the global market is anticipated to expand at 8% CAGR over the evaluation period 2016 to 2022. It has also been estimated in the assessment that the market is likely to achieve a valuation of USD 23 Bn by the end of the forecast period. Top Drivers and Main Restraints The global Solid State Lighting Market Size is gaining significant traction across the globe, thanks to the mounting demand for energy efficient lighting technologies. The energy efficient lighting technologies are highly durable and help elevate the productivity to reduce the greenhouse gases (GHG) level, which is anticipated to induce growth of the solid-state lighting market in the following years. Increasing awareness about the environment in developed as