The global solid state lighting market is forecast to grow from the total value of 20.4 billion U.S. dollars in 2018 to 32.3 billion U.S. dollars in 2024. Visible LEDs made up the biggest share of this market in 2018 at 16.6 billion U.S. dollars.
Size of the solid state lighting global market in 2018 and 2024, by source type
(in billion U.S. dollars)
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Size of the solid state lighting global market in 2018 and 2024, by source type
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LED stands for light-emitting diode.
EEL stands for edge-emitting laser.
VCSEL stands for vertical-cavity surface-emitting laser.
IR LED stands for infrared light-emitting diode.
UV LED stands for ultraviolet light-emitting diode.
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Yole Développement. (September 30, 2019). Size of the solid state lighting global market in 2018 and 2024, by source type (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/
Yole Développement. "Size of the solid state lighting global market in 2018 and 2024, by source type (in billion U.S. dollars)." Chart. September 30, 2019. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/
Yole Développement. (2019). Size of the solid state lighting global market in 2018 and 2024, by source type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/
Yole Développement. "Size of The Solid State Lighting Global Market in 2018 and 2024, by Source Type (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Sep 2019, https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/
Yole Développement, Size of the solid state lighting global market in 2018 and 2024, by source type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/ (last visited May 12, 2025)
Size of the solid state lighting global market in 2018 and 2024, by source type (in billion U.S. dollars) [Graph], Yole Développement, September 30, 2019. [Online]. Available: https://www.statista.com/statistics/1206502/global-solid-state-lighting-market-size-by-source-type/
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