US Solid State Lighting Market

Due to a number of factors that are driving the growth in the market, demand for Solid State Lighting (SSL) is taking off almost vertically. One principal factor is a rising consciousness and implementation of energy-efficient lighting. As the concepts of sustainability and environmental conservation have become increasingly prominent, consumers as well as businesses are also finding SSL, which is particularly strong in energy efficiency compared to traditional lighting technologies. Fueling demand further is the long lifespan of SSL products, which reduces maintenance costs as well as cutting down on replacement frequency--making them a competitive choice for consumers. Demand for SSL is also being cooked up by progress in technology.

As technologies continue to advance, the emergence of smart lighting systems and tunable lights complements consumers 'desire for more developed versions of sophisticated light sources that can be tailored to their particular needs. With the growing popularity of smart home technologies, SSL's integration with automation and connectivity features is becoming an increasingly important demand driver both in industrial settings as well as homes. In addition, the trend of urbanization across America is driving newer infrastructure development which increases demand for SSL and particularly in applications such as outdoor and municipal lighting. Driven by SSL's energy saving characteristics and the convenience of smart lighting systems, cities and counties can be seen to gradually switch over street lights for residential areas, streetside parks; sports fields as well architectural lamps.

In step with the larger move toward 'smart cities', SSL has become an increasingly important part of efforts to modernize urban lighting facilities, increase illumination and reduce energy use. Another factor affecting demand in the U.S. SSL market is retrofitting tide. With businesses and homeowners looking to replace less energy-efficient light sources with SSL solutions, the retrofitting of existing fixtures is a possible approach. This phenomenon in turn encourages the substitution of more traditional forms of lighting with SSL, thereby increasing market demand further. In short, the United States market for Solid State Lighting is increasing. Some reasons are energy conservation; some involve government initiatives and technological advances. Others relate to urbanization or costs, while others depend on consumption preferences or retrofitting trends. However, with SSL still undergoing evolution and development to accommodate various market requirements, its demand should remain high. In the future these will be major structural components of the solutions provided by lighting across America.