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Size of the solid state lighting market worldwide 2018-2024, by source type

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

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Release date

September 2019



Survey time period


Supplementary notes

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.
* Forecast.

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Statistics on "LED lighting in the United States"

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